OCR transcription — Page 70
BU 92-61
[Continuation] 472 Connecticut Street, Buffalo, New York and his job with the Vinjames Builders is to promote building contracts.
The files of the State Liquor Authority further reflect that on July 25, 1957, revocation proceedings were brought against the Power City Distributing Company, 209th Street, Niagara Falls, to revoke their wholesale beer license C954. In all the Power City Distributing Company was charged with 16 infractions of the rules and regulations of the State Liquor Authority and some of these charges against the Power City Distributing Company are being set forth below:
One charge sets forth that the Power City Distributing Company made a false statement in their application for renewal of the wholesale beer license issued to the company for the period beginning July 1, 1955 and ending June 30, 1956, in that the company had received a loan from the Manufacturers and Traders Trust Company, Buffalo, in the amount of $20,000 on December 17, 1954 when actually the said loan was made on this date to the Power City Distributing Company by one [REDACTED].
Another charge against the Power City Distributing Company is that they further violated the rules and regulations of the State Liquor Authority at the time they made application for the renewal of their wholesale beer license issued to them for the period beginning July 1, 1957 and ending June 30, 1958, in that they failed to disclose that one [REDACTED] had endorsed a note in the amount of $20,000, dated April 24, 1957, which note was delivered by the Power City Distributing Company and payable to the Manufacturers and Traders Trust Company, Buffalo.
Another violation of the rules and regulations of the State Liquor Authority that the Power City Distributing Company is charged with is that they failed to disclose that [REDACTED] had loaned the sum of $20,000 to the Power City Distributing Company on January 2, 1956.
The records further set forth that the Power City Distributing Company suppressed the fact that JOHN C. MONTANA, an officer of the wholesale liquor license, had executed and delivered to the Manufacturers and Traders Trust Company, Buffalo, his guarantee dated May 9, 1955 on 11 loans in the aggregate sum not to exceed $35,000 made by said bank to the Power City Distributing Company. This same type of guarantee was made by JOHN C. MONTANA for the sum not exceeding $30,000.
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[Redactions retained. License numbers vary across the report and should be checked against scans before final publication.]
Uncorrected machine OCR. Verify names, dates,
and quotations against the original FBI scan.