Upon the posting of the bond required by Section 698.04 and payment of a fee of one hundred dollars ($100.00) per year for the first or principal location and twenty-five dollars ($25.00) per year for each additional location, the Commissioner of Assessments and Licenses shall issue a license. All such licenses shall be for the period of one (1) year and shall expire on August 31 next following the date of issuance and there shall be no rebate for any lesser time. Each license shall contain the name under which the business is to be conducted and the name of the person to whom issued. The license shall not be transferable and the business shall be conducted only at the location or locations specified in the license. The license shall be conspicuously exhibited upon the premises licensed thereunder.
(Ord. No. 1290-A-43. Passed 10-22-45)