No street, alley or sidewalk shall be used for the storage of goods, wares or merchandise, or sign of any kind or description whatever, which shall occupy any space extending beyond three feet (3') next to the building or boundary line of his or her lot, and four feet (4') above the sidewalk, and if any person shall place or cause to be placed in or upon any sidewalk, any barrel, box, hogshead, crate, package, or any matter or thing whatever which shall take up more space than three feet (3') next to the building and shall suffer the same to remain thereon more than two (2) hours, he shall be subject to a fine of not less than five dollars ($5.00) nor more than two hundred dollars ($200.00), and any policeman or public officer shall be empowered to cause the same to be removed at the expense of the party placing the same thereon, and the said party shall also be subject to a fine of one dollar ($1.00) an hour for each and every hour that said goods, wares, merchandise, matters or things remained there after the expiration of two (2) hours.