709.03  REGULATIONS.
   (a)   No person licensed to conduct the business of pawnbroker shall purchase, receive or take goods in pawn of any description at any place other than that designated in his license.
   (b)   Every person licensed to conduct the business of pawnbroker shall cause his name or the name of the firm, with the words “Licensed Pawnbroker,” to be printed in large legible characters and placed over the outside of the door of his shop or place of business.
   (c)   Every person engaged in carrying on the business of pawnbroker within the City shall keep a book in which shall be legibly written in the English language, simultaneously with the transmission to which it relates, an accurate description of such articles as he may purchase, or as may be pledged to him, the time of such purchase or pledge, the time within which such pledge is to be redeemed and the name and place of residence, including the street number, if any, of the person from whom such articles are received.  Where any watch is sold, or pledged, to such pawnbroker, he shall also enter in such book the number of the case and movement of such watch and the name of the maker thereof, so far as he may be able to do so.
   (d)   Every person engaged in carrying on the business of pawnbroker within the City shall, before 12:00 noon of every business day, report to the Chief of Police, on a blank form to be furnished by the Police Department, a description of all articles purchased by him, or pledged to him, on the business day immediately preceding such report, together with the amount loaned upon account of the pledge, and the name and residence and description of the person from whom such pledge was received or from whom any article was purchased.
   (e)   No person engaged in carrying on the business of pawnbroker within the City, and no clerk or employee of such person, shall make a false entry in the book required to be kept by subsection (c) hereof or make a report required by subsection (d) which is false in any material particular.
   (f)   Every person engaged in carrying on the business of pawnbroker within the City shall, at the time of receiving any article pledged for the payment of money, upon the demand of the party making such pledge, deliver to such party a memorandum, in writing, signed by the party so carrying on the business, containing a description of the article, the date of such loan and the time within which such article is to be redeemed.  Such memorandum shall contain a provision which the party making the pledge may check to indicate his desire to receive notice, pursuant to subsection (i) hereof, prior to the sale of his article in the event of default.  Regardless of whether the party making the pledge requests a copy of the memorandum, the pawnbroker shall afford that party an opportunity to indicate his desire to receive notice prior to sale as described herein.
   (g)   The book provided for in subsection (c) hereof shall, at all times, be open to the inspection of the Chief of Police, and to any police officer who may desire to make an inspection, and all articles purchased by or pledged to any person carrying on the business of pawnbroker shall, at all times, be open to like inspection.
   (h)   No person engaged in carrying on the business of pawnbroker within the City shall purchase any article or receive any article as a pledge from any person between the hours of 9:00 p.m. and 9:00 a.m. on any day of any week.
   (i)   No person engaged in carrying on the business of a pawnbroker within the City shall sell any article which may have been pledged to him on account of any loan until the expiration of fifteen days from the date upon which such loan shall become due.  Prior to such a sale, such pawnbroker shall give any party who has pledged an article and who has requested notice prior to the sale of such article, pursuant to subsection (f), ten days’ notice in writing, by certified mail, return receipt requested, of the default and the pawnbroker’s intent to sell the article.
   (j)   No person carrying on the business of a pawnbroker within the City shall sell, or remove from his place of business, any property purchased by him until the expiration of ten days after such purchase.
   (k)   No person carrying on the business of a pawnbroker within the City, and no clerk or any other employee of such person, shall knowingly purchase or receive as a pledge any property from any person who is under eighteen years of age, any person who is intoxicated or who is an habitual drunkard, any person who is, or is reputed to be, a thief or who is, or who is reputed to be, an associate of thieves, or any person who is, or is reputed to be, a receiver of stolen property.
   (l)   It shall be the duty of every person engaged in carrying on the business of a pawnbroker within the City, when any person shall offer to sell or pledge to him any property which he knows or has reason to believe is not the property of the party so offered it, to notify the Chief of Police or some police officer of the City of such offer and of the facts connected therewith.
(12-7-87)