The President and Board of Trustees of the village shall have the right and power to revoke any license issued under the ordinances of the village whenever it shall appear to their satisfaction that the licensee has violated any provisions of the ordinances governing such license. No revocation shall, however, prevent the assessment or collection of any fine or judgment assessed or which may be assessed against the licensee for the violation of any such ordinances. Upon the revocation of any license, notice thereof shall be delivered to the licensee, and if he cannot be found in or is absent from the village, such notice shall be posted on or at the place licensed, or if no particular place is mentioned in the license, then such notice shall be posted on the bulletin board at the Village Hall in the village, and after such notice or posting, said license shall be deemed to be effectually revoked and annulled. If by law it is required or is necessary that the unearned license fee paid for any such license so revoked shall be returned to the licensee, the same shall be so returned. In all other cases the same shall not be returned, but shall be retained and kept by the village.
('81 Code, § 5-1.05) (Ord. 1931-#-5, passed 7-5-31)