(a) Written Information Required. A person desiring to conduct a sale regulated by this chapter shall make a written application to the License Officer setting forth and containing the following information:
(1) The true name and address of the owner of the goods to be the object of the sale;
(2) The true name and address of the person from whom he purchased the goods to be sold, and the price therefor, and if not purchased, the manner of acquisition;
(3) A description, with the address of the place where the sale is to be held;
(4) The nature of the occupancy, whether by lease or sublease, and the effective date of termination of the occupancy;
(5) The dates of the period of time in which the sale is to be conducted;
(6) A full and complete statement of the facts in regard to the sale, including the reason for the urgent and expeditious disposal of goods thereby, and the manner in which the sale will be conducted;
(7) The means to be employed in advertising the sale;
(8) A complete and detailed inventory of the goods to be sold at the sale as disclosed by the applicant's records. The inventory shall be attached to and become part of the required application.
A. Bona fide orders. All goods included in the inventory shall have been purchased by the applicant for resale on bona fide orders without cancellation privileges, and shall not comprise goods purchased on consignment.
B. Goods purchased for sale hereunder. The inventory shall not include goods ordered in contemplation of conducting a sale regulated hereunder. Any unusual purchase, or addition to the stock of goods of the business hereby affected, within 60 days before the filing of an application hereunder shall be deemed to be of such character.
(b) License Requirement. Any applicant for a license hereunder shall submit to the License Officer with his application a bond in the amount of $500.00. Any applicant for a renewal license hereunder shall submit to the License Officer with his renewal application a bond in the amount of $500.00 (1979 Code 113.04)