A person holding a City license may, except as otherwise provided, transfer the unexpired term thereof to another by assignment endorsed on the license and attested by the City Clerk; but no assignment of a license shall be of any effect unless made in the manner prescribed in this section
For every alteration or assignment of a license, the City Clerk shall collect a fee of fifty cents ($.50). Such fee shall be paid by the person on whose application the license alteration or assignment is made and shall be turned into the City treasury. No certificate fee shall be required to be paid on any original license.
(1968 Code §14-5)