(A) Application. Every person requiring a closing out sale license shall make an application in writing to the City Clerk on an application form provided by the City Clerk and attach thereto an inventory containing a complete and accurate list of the stock of goods, wares and merchandise on hand to be sold at such sale and shall have attached thereto an affidavit by the applicant for such license or his duly authorized agent, from which it shall appear that the information set forth in such inventory is true and correct to the knowledge of the person making such affidavit. The affidavit shall include the names and addresses of the principals, such as the partners, officers and directors and the principal stockholders and owners of the business and the inventoried merchandise. The inventory shall contain the cost price of the respective articles enumerated therein, together with the date of such purchases and the identity of the seller. If the goods, wares and merchandise were purchased by applicant or the person for whom he is acting as agent, for a lump sum, or other circumstances that make the listing of the cost price for each article impracticable, such inventory shall state the lump sum paid for such goods, wares and merchandise, and the circumstances of the purchase of the same. The applicant shall further specify the name and addresses of the applicant, and, if an agent, the person for whom he is acting as an agent, the place at which the proposed sale is to continue, which time shall not exceed 60 successive days, Sundays and legal holidays excepted, from the date of the issuance of such license.
('72 Code, § 19-69)
(B) Fee. The fee for a closing out sale license shall be as provided by § 110.40(B).
('72 Code, § 19-70)
(C) Term. The duration of this license shall not exceed 60 days from the date of issuance.
('72 Code, § 19-71)
(Ord. 2130-A, passed - - )