Before conducting any bankruptcy or liquidation sale under any license issued pursuant to this chapter, the licensee must file with the license collector a full, true and correct inventory of all items of personal property to be offered at the sale. The license collector and the chief of police, either personally or through their representatives, shall have the right to be present as official observers, representing the city at any and all such bankruptcy liquidation sales, for the purpose of seeing that no personal property is sold thereat except as is outlined in the inventory to be filed; and such officers or their representatives shall have the power to prevent the sale of any item or items not included in the inventory.
(Ord. 466 § 4, 1985: Ord. 153 § 1(part), 1960: Ord. 138 § 1 (C), 1958).