A. Every license issued under this chapter shall set forth the name of the person to whom issued, the location by street and number, or other definite designation, of the premises. If issued to a partnership, the names of the persons constituting the partnership shall be set forth. If issued to a corporation or association, the names of the principal officers and the governing board shall be set forth. An application to transfer any license issued pursuant to Idaho Code title 23, chapter 9, shall be made to the city. Upon receipt of such an application, the city shall make the same investigation and determinations with respect to the transferee as are required by this chapter, and if the city shall determine that all of the conditions required of a licensee under this chapter have been met by the proposed transferee, then the license shall be endorsed over to the proposed transferee by said licensee for the remainder of the period for which such license has been issued and the city shall issue a license to the transferee.
B. Every license issued under the provisions of this chapter is separate and distinct and no person except the licensee therein named shall exercise any of the privileges granted thereunder and all licenses are applicable only to the premises in respect to which issued.
C. All licenses shall expire at one o'clock (1:00) A.M. on the following September 1 and shall be subject to renewal upon proper application. Renewal applications for liquor by the drink licenses accompanied by the required fee must be filed with the city on or before the following September 1 of the following year, provided, however, any licensee holding a valid license who fails to file an application for renewal of his current license on or before the following September 1 of the following year shall have a grace period of an additional thirty one (31) days in which to file an application for renewal of his license and during which time he shall not be permitted to sell and dispense liquor by the drink at retail.
D. No person shall be granted more than one license for any city for any year; and no partnership, association or corporation holding a license under the provisions of this chapter shall have as a member, officer or stockholder any person who has any financial interest of any kind in, or is a member of, another partnership or association or an officer of another corporation holding a license for the same year; provided, that this section shall not prevent any person, firm or corporation, owning two (2) or more buildings on connected property in the city from making application for and receiving licenses permitting the sale of liquor by the drink in such building. (Ord. 1004 § 7, 2008; Ord. 747 § 4, 2000; Ord. 211 § 6, 1947)