Upon receipt of the application for a license provided for in Section 804.03, accompanied by the proper fee, if approval by another officer or department is not required, the Treasurer shall forthwith deposit the fee in the Treasury and issue to the applicant a proper license certificate signed by such Treasurer. If for any reason the license is not issued, the aforesaid deposit, less one dollar ($1.00) to cover expenses of considering such application, shall be returned to the applicant.