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Before such license is issued, the applicant shall file a bond running to the city conditioned for the faithful performance of all provisions of the ordinances of the city concerning pawnbrokers, which bond must remain in effect during all of the time that the applicant is engaged in such business. This bond shall be in the sum as set in the bond schedule. To such bond shall be attached a justification to the effect that the sureties are residents within the county and each is worth the amount specified in such bond, over and above all just debts and liabilities, and exclusive of property exempt from execution. In lieu of the above-mentioned bond, there will be a surety bond of a company licensed to do business in the state and otherwise acceptable.
(Prior Code, § 9-505)
(A) The license issued herein shall state the name of the person to whom issued, the street and number where such business is located, and other appropriate information. Such license shall entitle the person receiving it to do business at the place so designated in such license.
(Prior Code, § 9-506)
(B) A pawnbroker’s license shall authorize the operation of such business only at the location described in such license.
(Prior Code, § 9-507) Penalty, see § 110.99
No person shall conduct or transact a pawnbroking business or pawnshop in the city unless he or she shall keep posted in a conspicuous place in the business premises a current license certificate therefor relating to pawnbrokers and pawnshops.
(Prior Code, § 9-508) Penalty, see § 110.99
(A) Every pawnbroker or keeper of a pawnshop shall furnish to the pledger a printed receipt clearly showing the amount loaned with a specific detailed description of the pledged property pawned or received, date or receipt thereof, time and date of redemption and the name of the pledger. The pawnbroker shall affix to each article or thing a copy of the pawn ticket given to the pledger. All pawn tickets shall be inscribed with a number, of legible characters, and all numbers shall correspond and shall be entered in the records required herein to be kept.
(Prior Code, § 9-509)
(B) Every pawnbroker shall prepare and deliver to the pledger at the time a separate pawn ticket for each and every item pledged with the information thereon as prescribed herein.
(Prior Code, § 9-510)
(A) Every pawnbroker shall keep records on forms approved by the Police Department, upon which shall be entered and legibly written in ink, in the English language, at the time of each loan, receipt, or purchase of personal property, an accurate account and complete description, to include:
(1) Model and serial numbers as well as any identifying marks, of the goods, articles, or things pawned, purchased, or received;
(2) The number of the pawn ticket given to the pledger;
(3) The time and date redeemable;
(4) The time and date of pawning, receiving, or purchasing such goods, articles, or things;
(5) The name, residence, age, sex, and race of the pledger or seller; and
(6) Such other information as might be required by the Chief of Police.
(B) No entry on the forms shall be erased, obliterated, or defaced. The records, as well as every article or thing pawned, pledged, or deposited, or purchased, shall be open to the inspection of any police officer of the city.
(Prior Code, § 9-511) Penalty, see § 110.99
Every pawnbroker or pawnshop keeper in the city must, before the hour of 12:00 p.m. noon of every day except Sunday make and deliver to the Chief of Police or to the front desk at the Police Department one copy of the records described in § 117.09 of this code covering each article or thing pawned or received by such pawnbroker or pawnshop keeper during the 24-hour period ending as of the next previous midnight. The report made on each Monday shall include all articles or things pawned or received from and after the report made and delivered on the Saturday preceding. If no article or thing has been pawned or received, a report must be made to that effect.
(Prior Code, § 9-512) Penalty, see § 110.99
(A) Every pawnbroker shall provide a safe place for keeping of the pledges received by him or her and shall have sufficient insurance on the property held in pledge, for the benefit of the pledgers, in case of destruction by fire or other catastrophe.
(B) All persons, firms, or corporations engaged in the business of pawnbrokers are hereby required to hold separate and apart, for a period of three days, all goods or chattels purchased (except purchases made directly from wholesalers or manufacturers) before mixing with other goods already in stock in such establishment.
(Prior Code, § 9-513) Penalty, see § 110.99
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