Oval Bar & Restaurant, Inc. v. Bruckman

An unfortunate situation is presented in that certain individuals had purchased the stock of the licensed corporation, upon approval of the Authority, a short time prior to the rendition of the ruling which is here attacked. This circumstance cannot, however, alter basic principles.

A license to sell liquor “ is not property in any legal or constitutional sense; it is simply a temporary permit, issued in the exer*245cise of the police power of the State, to do that which otherwise would be unlawful to do.” (Matter of Yates v. Mulrooney, 245 App. Div.146.) The permit is issued to the licensee for a…