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MASTER CHARGE v. DAUGHERTY

Docket No. 19642.

123 Cal.App.2d 700 (1954)

267 P.2d 821

MASTER CHARGE (a Corporation), Appellant, v. EDWIN M. DAUGHERTY, as Commissioner of Corporations, etc., Respondent.

Court of Appeals of California, Second District, Division Three.

March 8, 1954.

Attorney(s) appearing for the Case

Buchalter, Nemer & Fields, Murray M. Fields and Leonard S. Beck, for Appellant.

Edmund G. Brown, Attorney General, and John F. Hassler, Deputy Attorney General, for Respondent.

SHINN, P.J.

Appeal from a judgment denying a petition for a writ of mandate to require the Commissioner of Corporations to grant a permit for the issuance of capital stock by Master Charge. The application to the commissioner was denied upon the ground that Master Charge had not procured a license as a lender under the Small Loan Law, sections 24200-24261, Financial Code.

Appellant proposes to engage in business under the following plan: For a charge of $5...

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