All persons engaged in the business of buying or receiving on consignment secondhand bicycles or secondhand bicycle frames shall make a daily report to the Chief of Police upon forms provided for that purpose by the Police Department. All junk dealers who purchase or otherwise acquire any bicycle or bicycle frame as junk, or otherwise, shall report such acquisition to the Chief of Police on such forms within 24 hours thereafter, and shall not sell or otherwise dispose of any bicycle or bicycle frame within 21 days after such article has been purchased or received.
('65 Code, § 8-32) (Ord. No. CS-100 § 71)