Upon every person engaging or continuing within this Town in the business of making loans of money, credit goods or things in action, who because of such activity is required under the provisions of Article 7-A, Chapter 47, of the Code of West Virginia, 1931, as amended, to obtain a license from the Commissioner of Banking of the State of West Virginia, and upon each and every industrial loan company the tax shall be one percent (1%) of the gross income of any activity, notwithstanding any other provisions of this article.
(Ord. 96-06. Passed 11-7-96.)