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EXXON CORP. v. RAETZER

No. 1045.

533 S.W.2d 842 (1976)

EXXON CORPORATION, formerly Standard Oil Company (New Jersey), Appellant, v. Koven RAETZER, Appellee.

Court of Civil Appeals of Texas, Corpus Christi.

Rehearing Denied February 26, 1976.

Attorney(s) appearing for the Case

C. O. Ryan, Kelley, Ryan & Merrill, Houston, for appellant.

Bryan W. Scott, Urban, Coolidge, Pennington & Scott, Houston, for appellee.

OPINION

BISSETT, Justice.

This is an appeal by Exxon Corporation from a judgment which awarded Koven Raetzer the fair market value at the time of trial of 300 shares of capital stock of Exxon Corporation, the successor corporation to Standard Oil Company of New Jersey. Trial was to the court without a jury.

Suit was filed on October 6, 1971. Koven Raetzer, plaintiff, in his original petition, his trial pleading, among other allegations, alleged:...

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