No license under this section shall be issued to:
(A) Any person who is not of good character and reputation in the community.
(B) Any person who has been convicted of a felony under the laws of Illinois; or of being the keeper of a house of ill-fame; or of pandering or other crime or misdemeanor opposed to decency or morality.
(C) Any person whose license issued under this Article has been revoked for cause.
(D) Any partnership, unless all of the members of the partnership are qualified to obtain such license.
(E) Any corporation if any officer, manager or director thereof, or any stockholder or stockholders owning in the aggregate more than five percent (5%) of the stock of such corporation, would not be eligible to receive a license for any reason other than citizenship or residency within this Municipality.
(F) Any person whose place of business is conducted by a manager or agent unless the manager or agent is of legal age and possesses the same qualifications required of the licensee.
(G) Any person who does not own the premises for which a license is sought or does not have a lease therefor for the full period for which the license is to be issued.