(A) To be eligible for a pawnbroker’s license, an applicant must:
(1) Be of good moral character; and
(2) Not have been convicted of a felony within the last ten years.
(B) Every person, firm or corporation desiring to engage in the business of pawnbroker in the City of Eden shall petition the City Clerk for a license to conduct such business. Such petitions shall provide:
(1) The name and address of the person, and, in case of a firm or corporation, the names and addresses of the persons composing such firm or of the officers, directors, and stockholders of such corporation, excluding shareholders of publicly traded companies;
(2) The name of the business and the street and mailing address where the business is to be operated;
(3) A statement indicating the amount of net assets or capital proposed to be used by the petitioner in operation of the business; this statement shall be accompanied by an unaudited statement from an accountant or certified public accountant verifying the information contained in the accompanying statement;
(4) An affidavit by the petitioner that he or she has not been convicted of a felony; and
(5) A certificate from the chief of police that the petitioner has not been convicted of a felony.
(C) Any license granted under this chapter may be revoked by the county or city issuing it, after a hearing, for substantial abuses of this chapter by the licensee.
(G.S. § 66-390) (Am. Ord. passed 4-20-99)