In re Great Central Distributing Co.

Appeal from a decision of the Unemployment Insurance Appeal Board holding that appellant was not a transferee of B. H. Spinney Co. within the meaning of the statute and thus not entitled to the benefit of its experience rating (Labor Law, § 581, subd. 4, pars, [a], [c]). The B. H. Spinney Co. (Spinney) was inter alia a franchised distributor of Motorola products in the Central New York area. When its principal share holder decided to retire, Motorola was notified and arranged for appellant to take over the franchise. On Friday, April 2, 1965 Spinney surrendered its franchise and on Monday,…