If a licensee changes the ownership by adding to or dropping a partner, and the business continues at the same address and in the same kind of business, there shall be no added fee; provided, however, that the new partner or the remaining partner shall sign a new application for the unexpired part of the year showing the true names of the owners of such business.
('86 Code, § 5.04.140) (Ord. 2528, passed - - )