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MATTER OF RETAILERS COLLATERAL SEC. TRADING CORP. v. DEP'T OF STATE OF THE STATE OF NEW YORK

6 A.D.2d 975 (1958)

In the Matter of Retailers Collateral Security Trading Corp., Appellant, v. Department of State of the State of New York et al., Respondents

Appellate Division of the Supreme Court of the State of New York, Third Department.

July 31, 1958

Petitioner, a sales finance company, seeks an order directing the Secretary of State to accept for filing a certificate of change of its name to Retailers Finance Corporation. Respondent has refused to accept the certificate, and its position has been upheld at Special Term. Section 9 of the General Corporation Law prohibits the use of the word "finance", inter alia, in the name of any stock corporation except a moneyed corporation. The term "moneyed corporation" is...

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