Old Timers Restaurant & Lounge, Inc. v. State, Department of Business Regulation, Division of Alcoholic Beverages & Tobacco

*464ON MOTION TO STAY

Appellant moves to stay an order revoking its alcoholic beverage license pending appeal of the revocation order. For reasons more fully expressed below, we grant the stay.

This cause commenced with a Notice to Show Cause alleging the violations described briefly below.

1. The corporate president and vice president made untrue statements on the license application; to wit: that there was no managerial contract in effect relative to the operation of the business.

2. That the Old Timer’s Lounge permitted a third person to receive profits from the sale of alcoholic beverages and to…