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MATTER OF PERS. FIN. CO. v. LYON

203 Misc. 710 (1953)

In the Matter of Personal Finance Company of New York et al., Petitioners, v. William A. Lyon, as Superintendent of Banks of The State of New York, et al., Respondents.

Supreme Court, Special Term, New York County.

April 16, 1953.

Attorney(s) appearing for the Case

Wilkie Bushby, Fred N. Fishman and Robert S. Groban for petitioners.

Nathaniel L. Goldstein, Attorney-General (Samuel A. Hirshowitz of counsel), for William A. Lyon, as Superintendent of Banks, respondent.

George L. Hinman and A. Lawrence Abrams for Friendly Finance Service, Incorporated, respondent.

BOTEIN, J.

This article 78 proceeding is brought by seven licensed small loan companies conducting business in this State. The respondent Superintendent of Banks of the State of New York ("Superintendent") granted licenses to the respondent Friendly Finance Service, Incorporated, ("Friendly") to operate small loan offices in Syracuse and Utica. Petitioners seek to annul this action by the "Superintendent".

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