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Each license for a business of lending money shall state the address at which the business is to be conducted and the name under which the business is to be conducted. Such license shall be kept conspicuously posted in the place of business of the licensee where it may be readily available for inspection by the public. (Code 1941, Art. 73-3)
No license issued under the provisions of this article shall be transferable or assignable but shall be valid only for the use of the licensee named therein, nor shall any licensee maintain more than one place of business under the same license; provided, however, that the city manager may issue more than one license to the same licensee upon compliance with all the provisions of this article governing an original issuance of a license. (Code 1941, Art. 73-3)
A license issued under the provisions of this article shall be valid only at the address stated in such license; provided, however, that should a licensee desire to change his place of business to another location, he shall give written notice thereof to the city manager who shall attach to the license, in writing, a record of the change and the date thereof, which record shall be authority for the operation of such business under such license at such new location. (Code 1941, Art. 73-3)
In order to defray part of the expense necessary to provide the surveillance, supervision and inspection required under the terms of this article, there is hereby levied a license fee of $50.00 per annum for each business so operated, which fee shall be collected by the assessor and collector of taxes from each applicant for each such license. Such license fee shall be payable on an annual basis and shall be due and payable for any year not later than the 10th day of January of each year, such fee to cover the calendar year. If a license to operate any such business is granted during a current year, the fee shall be made pro rata for the balance of the calendar year on a basis of the number of months and fraction thereof remaining in said calendar year, such pro rata rates to be figured from the first day of each month. The license fee shall be paid to the assessor and collector of taxes of the city after the applicant has filed the application provided for in Section 25-6 with the city manager and secured such license as provided for in Section 25-5. (Code 1941, Art. 73-4)