If such application is approved by the Director of Public Safety, the Commissioner of Assessments and Licenses shall issue a license thereunder upon payment of a fee of one hundred twenty-five dollars ($125.00) per quarter, commencing on January 1, April 1, July 1 and October 1 of each year.
(Ord. No. 338-62. Passed 4-9-62, eff. 4-12-62)