The owner who actually owns and who also installs, uses, and exhibits any mechanical or electrical amusement device in his own place of business shall be deemed to be an exhibitor and shall be required to take out a machine license for each mechanical or electrical amusement device used, provided, however, that any such owner shall file an affidavit with the City Auditor setting forth that he is the actual bona fide owner of such mechanical or electrical amusement device, and that as such owner he receives all or any benefits from the operation thereof, and that no other person, firm, or corporation has any actual or beneficial interest therein, either directly or indirectly.
(`63 Code, § 725.05) (Ord. 2540, passed 11-5-45) Penalty, see § 111.99