The words and phrases used in this chapter shall be given the following interpretations:
CLERK-TREASURER: The clerk-treasurer of the city of Cut Bank, Montana.
PERSON: Includes every individual, partnership, corporation, association, or organization.
TRADE STIMULATOR: Any device or object housing, containing or enclosing, or having as a part thereof numbered tickets, variegated symbols and tokens or any pull board, ticket board or punchboard or their equivalents, any one or more of which announces that an award will be made to a purchaser thereof in terms of merchandise or other thing of value, but does not mean a slot machine or mechanical device. (Ord. 6.00)
It shall be lawful for any "person", as defined herein, to exhibit for use and for sale and to exhibit, sell and use "trade stimulators", as defined herein, so long as the use thereof is not in violation of the laws of the state, and so long as the use thereof is in compliance with the provisions of this chapter. (Ord. 6.00; amd. 2006 Code)
No "trade stimulator" as defined in section 4-3-1 of this chapter, shall be exhibited by any person in the city without having affixed thereon in a conspicuous place a use tax stamp showing the payment of such use tax. Said use tax shall be simultaneously cancelled by said exhibitor indicating by unerasable writing over the face thereof, identified by his initials and the date of cancellation of each stamp. Such use tax stamp will show that a special tax has been paid thereon at the true rate hereby levied and imposed, that being the sum of two percent (2%) of the value of the total number of such tabs, tickets, pallets, punches or similar things on the board or the full cash return of such trade stimulators to the exhibitor, as computed by the purchase price posted by the exhibitor as the going price of each number ticket, variegated symbol, token or its equivalent. (Ord. 6.00; amd. 2006 Code)
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