Hochberg v. Schick Investment Company

OPINION

BREWSTER, Justice.

The appellant, Jerome Hochberg, individually and as custodian for Marian E. Hochberg, was a shareholder in Schick Investment Company, a Texas corporation. He dissented from the merger of the Texas corporation with Schick Investment Company, a Delaware corporation, and pursuant to Art. 5.12 of the Texas Business Corporation Act he filed this suit to have determined the fair value of his shares of stock in the corporation.

Schick Investment Company filed a motion in the trial court to dismiss the appellant’s suit on the grounds that it was not filed within the time…