Any person desiring to obtain a going-out-of-business sale license shall make application therefor to the City Auditor. The application shall state the name and address of the applicant and shall specify the period of time during which the sale will continue, which time shall not exceed three months, except as provided in Section 832.07. The application shall have attached thereto an inventory which shall contain:
(a) A listing of all goods which have been in stock for a period of fifteen days or longer prior to the application for the license, together with the wholesale price thereof;
(b) A listing of all goods received in stock within fifteen days immediately preceding the application for the license, together with the wholesale price thereof; and
(c) A listing of all goods which have been ordered and will be placed in stock during the pendency of the sale, together with the wholesale price thereof.
The application shall provide the method by which the applicant for the license acquired title to such goods and the reason for the urgent and expeditious disposal thereof. The inventory or listing shall be signed by the person seeking the license and shall be accompanied by the oath of the applicant that the statements contained in the application are true and correct. A true copy of such inventory, from which the wholesale price may be omitted, shall be posted by the licensee in a conspicuous place on the premises in which such goods are being sold, offered for sale or displayed and shall be open to public inspection during the period for which a license has been granted.
(Ord. 62-66. Passed 12-18-62.)