§ 110.041 LICENSE FEE.
   Any person engaging in the business of pawnbroker in the city shall obtain a license therefor and pay a license fee as determined by resolution of the city. Application for license shall be in writing and approved by the Lead City Commission. A PAWNBROKER is defined for the purposes of this section as any person who loans money on deposit or pledge of personal property, or other valuable thing, or who deals in the purchasing of personal property or other valuable thing on condition of selling the same back again at a stipulated price, or who loans money secured by chattel mortgage on personal property and by taking possession of the property or any part thereof so mortgaged.
(Prior Code, § 8-406) Penalty, see § 110.999