152 N.Y.S. 569 | N.Y. App. Div. | 1915
The agreement of September 11,1913, did not vest in the brewing company title to the liquor tax certificate thereafter on September seventeenth issued to Schiano. It was not an assignment of the certificate “ as collateral security for moneys loaned or any other obligation incurred,” within section 12a of the Liquor Tax Law; nor was it a sale of the certificate within section 26.
Consol. Laws, chap. 34 (Laws of 1909, chap. 39), § 12a, added by Laws of 1912, chap. 263; Id. § 26, as amd. by Laws of 1911, chap. 407.— [Rep.
Added by Laws of 1910, chap. 494, as amd. by Laws of 1911, chap. 398.— [Rep.
Amd. by Laws of 1911, chap. 407.—[Rep.