All licenses shall be taken out quarterly, monthly, weekly or daily, as provided herein, and shall be paid for in advance.
There shall be added to every license not obtained within five (5) days after the same becomes due and payable, the sum of one dollar ($1.00), which shall become and be a part of the license and shall, with such license, be collected by the clerk.
The term "quarter" whenever used in this chapter with reference to time, shall be construed and is hereby declared to mean one- quarter (1/4) of a year, and said quarter shall begin with the following months: January, April, July and October of each and every year; and whenever a person shall apply for a license to conduct any kind of a business or calling, under the provisions of this chapter, in the middle of any quarter or any part of a quarter, then the said person shall be required to pay said part or portion of the unexpired quarter in addition to the quarter immediately following, and said licenses shall be so arranged as to have them fall and become due on the commencement of a quarter; and this is the intention and meaning of this chapter. The clerk has the right and authority to issue a license for a fractional quarter, so as to have all licenses fall due on a regular quarter, as herein provided. (Ord. 83, 2-18-1976)