EDITOR'S NOTE: Former Chapter 703 was repealed by Ordinance 37-82, passed July 20, 1982. Ohio R.C. Chapter 4707, as amended by Am. H.B. 608 effective July 9, 1982 licenses both auction companies and auctioneers. Ohio R.C. 4707.111 now provides, "by enactment of Chapter 4707 of the Revised Code, it is the intent of the General Assembly to preempt municipal corporations and other political subdivisions from the regulation and licensing of auctioneers and auction sales."