During any sale by auction no additions whatsoever shall be made to the stock of merchandise set forth in the inventory attached to the license application. Nothing shall be offered for sale or sold at any sale by auction which is in addition to the stock of merchandise described in the inventory, or which has been added to the applicant’s stock within a period of thirty (30) days prior to the date the applicant filed application for a license. Under no circumstances shall the inventory offered for sale at auction exceed by fifty percent (50%) the average inventory carried by the applicant over the preceding five (5) year period. If the applicant has been in business less than five (5) years, the inventory offered for sale at auction shall not exceed by fifty percent (50%) the average inventory carried for the period of time the applicant has been in business. Any abnormal purchases during the year prior to the license application shall be cause for refusal to issue such license.
(Ord. No. 1301-A-44. Passed 5-7-45)