 As secretary-treasurer of the company, Charles Montana, John's nephew, signed the papers to fold the business and he held a powerful position within Magaddino's Mafia Family.After the brewery in Olean changed ownership in 1940, John Montana, the taxi tycoon, remained an active entrepreneur in Western New York's brewing industry.Montana became a director of the Frontier Liquor Corp. Years later, Montana would go into a business partnership with Stefano Magaddino's only son Peter in the Buffalo Beverage Company – the company formerly owned by Mayor Frank Schwab before prohibition was enacted.