Leach

Leach v. Daugherty

Good Law
1925 Cal. App. LEXIS 303·73 Cal. App. 83·238 P. 160
Court of Appeal of CaliforniaJune 1, 1925Docket No. 5025.California1,908 words

Opinion

Lead Opinion

Houser, J.

Certiorari. During the years 1922 to 1924, inclusive, petitioner was duly licensed in this state in the business of ‘ ‘ acting as a broker for corporate securities. ’ ’ On December 6, 1924, he filed with the Corporation Commissioner his application for a renewal of his state license to continue in such business. Thereupon the Corporation Commissioner caused to be served on petitioner a “citation” requiring him to attend before the Corporation Commissioner at a specified time and place “in the matter of an investigation and examination of” petitioner’s “affairs,” for the purpose of ascertaning whether or not a broker’s certificate should be issued to him. Pursuant thereto and in accordance with the requirements of the “citation,” an “investigation and examination” was had, with the result that on “findings of fact” to the effect that petitioner was of “bad business repute,” and on “conclusions of law” therefrom “that the application of M. A. Leach for a broker’s certificate should be denied,” it was ordered by said Corporation Commissioner that petitioner’s said application be denied, and the issuance of the certificate applied for was accordingly refused.

The proceedings upon…

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