Upon receipt of an application, the City Auditor shall cause such investigation as he deems necessary to be made of the facts contained therein. No license shall be issued if any one or more of the following facts or circumstances are found to exist:
(a) The defunct business, the stock in trade of which is to be sold, conducted a going- out-of-business sale at the premises described in the application for license within one year prior to the date of the filing of the application.
(b) The applicant was theretofore convicted of a violation of this chapter or had a license issued to him pursuant to this chapter revoked within the five year period immediately preceding the date of the filing of the application.
(c) The inventory submitted with the application includes goods, wares or merchandise which was not part of the stock in trade of the defunct business sold to applicant.
(d) The applicant, in the ticketing of the goods, wares and merchandise to be offered for sale has misrepresented the original retail price or value thereof.
(e) Any representation made in the application is false.
(Ord. 44-1959. Passed 8-25-59.)