Each pawnbroker shall keep and use such books and forms as shall be approved by the Chief of the State Division of Securities, in which shall be legibly written in the English language, at the time each purchase or loan is made, an accurate description of the goods, articles or things deposited, the time of pledging or selling the same, the amount of money loaned thereon or paid therefor, the rate of interest and charges to be paid on such loan, the time within which such pawn is to be redeemed, the amount of any repurchase price and the name, age, place of residence and a short description of the person of the pledger or seller. When any watch is pledged is sold, the pawnbroker shall also write in such book the number of the movement, the number of the case and the name of the maker; when any jewelry or gold or silver articles of any kind are pledged or sold, he shall write in such book all identifying letters or marks inscribed thereon. Such book shall at all times be open to the inspection of the Chief of Police, a police officer designated by him, or the Mayor. Upon demand of any of such persons, the pawnbroker shall produce and show any article thus listed and described which is in his possession.
No pawnbroker shall purchase or receive in pawn any article without first obtaining from the person wishing to sell or pawn such article proper identification, giving a physical description and the place of residence of such person. The pawnbroker shall note on his report the type of identification presented and any identifying numbers appearing thereon.
(Ord. 129-74. Passed 5-13-74.)