OCR transcription — Page 144
BU 92-61 — [printed report page 14]
He stated that one of these infractions was that the Power City Distributing Company had made a false statement in its application to renew the company's wholesale beer license for July 1, 1953 through June 30, 1956. The company claimed to have received a $20,000 loan from the Manufacturers and Traders Trust Company, Buffalo, on December 17, 1954, when the loan was actually made to Power City Distributing by [REDACTED].
Another charge was that the company failed to disclose that [REDACTED] endorsed a $20,000 note dated April [DATE REDACTED], delivered by Power City Distributing and payable to Manufacturers and Traders Trust Company, New York.
Another alleged infraction was failure to disclose that [REDACTED] had loaned $20,000 to Power City Distributing on January 2, 1956. SLA records failed to identify [REDACTED], although the report suggests a possible identity [REDACTED].
In August 1950, T-10 investigated gambling and vice in Erie County, New York. The informant's report alleged that [REDACTED] was one of the individuals in Buffalo who controlled “policy slips.”
On March 19, 1958, the Buffalo Courier Express carried an article entitled “MAGADDINO Beer Firm May be Sold.” It reported that Power City Distributing Company of Niagara Falls, operated by members of the MAGADDINO family, might be sold. It further stated that a $20,000 loan to the company “came from SAMUEL FREEDMAN,” a Buffalo furniture dealer who figured in Buffalo's 1951 gambling investigation.
[LARGE FINAL PASSAGE REDACTED. Names and dates concealed in the source remain concealed.]
Uncorrected machine OCR. Verify names, dates,
and quotations against the original FBI scan.