711.01 Defined.
711.02 Records.
711.03 Record inspections.
711.04 Daily reports to Police Department.
711.05 Waiting period before releasing or changing article.
711.06 Prohibited dealings with minors, drunkards and thieves.
711.07 Fictitious information by seller.
711.99 Penalty
CROSS REFERENCES
Power to regulate - see Ohio R.C. 715.61
License revocation - see Ohio R.C. 2961.03
Pawnbrokers - see Ohio R.C. Ch. 4727
Maximum interest and charges allowed - see Ohio R.C. 4727.06
Daily report to police department - see Ohio R.C. 4727.09
Purchase from minor or drunkard prohibited - see Ohio R.C. 4727.10
Any person now or hereafter engaged within the City in the business of lending money on a deposit of pledges of personal property or other valuable thing, other than securities or printed evidence of indebtedness, or in the business of purchasing personal property, or chooses in action, or other valuable thing, and selling or agreeing to sell the same back to the seller at a price other than the original price of purchase, or in the business of purchasing personal property such as articles made of or containing gold, silver, platinum or other precious metals, including coins or jewels, of any description for the purpose of reducing or smelting them into any form different from their condition or construction when purchased or reselling or marketing the product, or for resale for the purpose of reduction or smelting, is declared and defined to be a "pawnbroker" within the meaning of this chapter.
(Ord. 80-5082. Passed 12-2-80.)
Every pawnbroker shall keep and use proper books and forms in which shall be legibly written in the English language, at the time each purchase or loan is made, an accurate description of the goods, articles or things deposited; the time of pledging or selling the same; the amount of money loaned thereon or paid therefor; the rate of interest and charges to be paid on such loan; the time within which such pawn is to be redeemed; the amount of any repurchase price; and the name, age, place of residence and a short description of the person of the pledgor or seller. When any watch is pledged or sold, the pawnbroker shall also write in such book the number of the movement, the number of the case and the name of the maker thereof. Where jewelry or gold or silver articles of any kind are pledged or sold, the pawnbroker shall write in such book all identifying letters or marks inscribed thereon.
(Ord. 80-5082. Passed 12-2-80.)
The books and records required to be kept by Section 711.02 shall at all times be open to the inspection of the Chief of Police, a police officer deputized by him or the Mayor. Upon demand by any of them, the pawnbroker shall produce and show an article thus listed and described which is in his possession.
All pawnbrokers shall, before 12:00 noon of every business day, report to the Chief of Police or the head of the Police Department, on forms to be furnished by the Police Department, a description of all articles received by him by pledge or sale on the business day immediately proceeding, together with the number of the ticket issued therefor and the amount loaned or advanced thereon.
(Ord. 80-5082. Passed 12-2-80.)
No pawnbroker shall change, alter, smelt or deface any article or voluntarily release possession of any goods, articles or things pledged with him or purchased by him until the expiration of forty-eight hours after delivery to the Chief of Police of a statement relating thereto as provided in Section 711.04, except by permission of the Police Department.
(Ord. 80-5082. Passed 12-2-80.)
No pawnbroker shall receive any pledges or purchase any articles or things from any minor, any habitual drunkard or any person who is known by him to be a thief or a receiver of stolen property, or from any person whom he has reason to suspect or believe to be any of the foregoing.
(Ord. 80-5082. Passed 12-2-80.)
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