If upon investigation, as required by the general ordinances of the City, it is found that the laws of Ohio and the ordinances of the City relating to the health, sanitation and safety of such place have been complied with, then such license shall be issued, upon payment of the license fee hereinafter specified; and such license shall entitle the licensee to conduct, produce, operate or offer the class of entertainment specified in such license at the place designated in the application and for the period of time specified in such license.
(1952 Code § 25-5-8)