A. Any person commencing or conducting a sale or sales of goods, wares, merchandise, or personal property as a result of bankruptcy or liquidation within the city shall conduct the same only in accordance with the following regulations and shall pay the license fee therefor as set forth:
B. Any person desiring a license to sell the stock of a merchant who has become bankrupt or a liquidating merchant in the city, shall pay the license of a transient merchant as defined in Section 5.04.470, but any person desiring to augment the stock in trade of such bankrupt or liquidating merchant by bringing into the city additional merchandise to sell under the bankrupt or liquidating sale, shall pay an additional license fee, for the bringing in and selling of such additional stock, of one hundred fifty dollars per day.
(Ord. 466 § 2, 1985: Ord. 153 § 1(part), 1960: Ord. 138 § 1(A), 1958).