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DILLON v. LINTZ

No. B-7745.

582 S.W.2d 394 (1979)

Eastman DILLON et al., Petitioners, v. Melvin LINTZ, Respondent.

Supreme Court of Texas.

May 16, 1979.

Attorney(s) appearing for the Case

Andrews, Kurth, Campbell & Jones, Fred M. Knapp, Jr., Houston, for petitioners.

Goodman L. Caplan, Shapiro & Forbes, Arthur L. Forbes, Houston, for respondent.

POPE, Justice.

The question presented is whether the cause of action was barred by the three-year statute of limitations contained in article 581-33 C, the Securities Act.1 Melvin Lintz instituted this suit against Eastman Dillon, Union Securities & Co., and Sam Dodd seeking a rescission of a contract for the sale of Omnitec securities. Trial to the court resulted in a judgment that Lintz take nothing. The court of civil appeals, by...

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