The Village Clerk, or such other officer as may be designated by the Village President, shall cause to be maintained a record of all commercial establishments and commercial licenses as from time to time may be deemed necessary for purpose of classifying, inspecting, serving and licensing commercial establishments and other activities as herein enumerated in the Village of Posen. Subject to the terms and provisions of this ordinance, upon payment in full of the required license fee to the Village of Posen, the Village of Posen shall issue a license tag or sticker or certificate or similar evidence of license which shall be displayed by the owner of the commercial establishment in a conspicuous place. Such evidence of license shall bear the signature of the Village President and Village Clerk. (Ord., 3-23-1976)