703.03. Licensing qualifications.
   The Director of Finance, as provided in Chapter 701, shall grant auctioneers' licenses to those persons deemed qualified therefor, and shall collect the license fee.
   Licenses shall be issued on an annual basis and shall expire on the first day of April immediately following the date of issuance. The annual license fee shall not be prorated for any period less than one year and separate licenses shall be issued for each place of business within the City.
   Every applicant for an auctioneer's license shall furnish to the Director of Finance on forms provided by him, satisfactory proof of the following requirements:
   (a)   Ohio auctioneering license laws have been met or waived.
   (b)   Filing of a bond satisfactory to the Director of Finance in the amount of one thousand dollars ($1,000) to indemnify purchasers at public auctions conducted in the City.
   (c)   Such other information as may be required by the Director of Finance.
(1952 Code § 25-17-3)