STATE OF FLORIDA

DIVISION OF ADMINISTRATIVE HEARINGS

IN THE MATTER OF: )

)

WILLIAM R. TAYLOR, Applicant ) for Securities salesman )

registration, ) CASE NO. 75-587

) Admin. Proc. 75-9-DOS

)

Respondent. )

)

RECOMMENDED ORDER

After due notice a public hearing was held before Delphene C. Strickland, Department of Administration, Division of Administrative Hearings, on October 30, 1975, in Room 104, Collins Building, Tallahassee, Florida, commencing at 10:30 a.m.

APPEARANCES

For Petitioner: Fred O. Drake, Esquire Counsel for Assistant General Counsel Dept of Banking Office of the Comptroller and Finance, Div The Capitol

of Securities Tallahassee, Florida 32304 For Respondent: No appearances

ISSUE

Whether the Respondent should be denied registration to transact business as a registered Florida Securities salesman.

FINDINGS OF FACT

1. The Applicant, William Russell Taylor, applied for a certificate of registration as a Securities salesman with Hibbard O'Connor & Weeks, 2740 East Oakland Park, Fort Lauderdale, Florida, on March 19, 1975.

   
   

2. The Division of Securities, Department of Banking and Finance, refused to register Applicant-Respondent Taylor for the reason that Applicant-Respondent Taylor answered "No" on his application to sell securities with the Division of Securities, Department of Banking and Finance, to the question "16. Have you ever been arrested?". Criminal Docket 28943 of the United States District Court, Eastern District of Michigan, shows that Applicant-Respondent Taylor had in fact been arrested, was found guilty of the violation of the National Motor Vehicle Theft Act, and was committed to the custody of the Chief Probation Officer of the Court for the term and period of three (3) years.

   
   

3. Applicant-Respondent Taylor was given due notice of the hearing before the Division of Administrative Hearings, Department of Administration, but failed to appear.

   CONCLUSIONS OF LAW

   
   

4. Section 517.16, Florida Statutes, states among other things that registration for a salesman's registration may be refused by the Department of Banking and Finance if an applicant has made a material false statement in the application for registration.

RECOMMENDED ORDER

Deny the application for registration as a Florida Securities salesman of William Russell Taylor.

DONE AND ORDERED this 24th day of November 1975.

DELPHENE C. STRICKLAND

Hearing Officer

Division of Administrative Hearings Room 530, Carlton Building Tallahassee, Florida 32304

(904) 488-9675

COPIES FURNISHED:

Fred O. Drake, II, Esquire Assistant General Counsel Office of the Comptroller The Capitol

Tallahassee, Florida 32304

William R. Taylor 2006 N.W. 61st Avenue

Sunrise, Florida 33313

Docket for Case No: 75-000587

Orders for Case No: 75-000587