A.   It shall be the duty of any person conducting a licensed business in the village to keep his license displayed at all times in a prominent place on the premises, machine or vehicle used for such business.
   B.   No person shall destroy, obliterate, take, remove or carry away, without the consent of the owner, any license, certificate, plate or sticker which has been issued by the village except when such license, certificate, plate or sticker has been discontinued or the licensed premises has been abandoned. Nothing herein shall prevent the village president or his duly authorized representative from removing any license, certificate, plate or sticker from the possession of a former licensee, his premises, any vehicle or any machine when said license has been revoked under the provisions of this code. (1978 Code § 3-1-16)