Where the stock on hand of a merchant is sold at public auction on the premises of the merchant, no such sale shall be held during the month of December. No such sale shall continue for more than one (1) day, not a Sunday or legal holiday, and shall be permitted only where such merchant is bona fide disposing of his stock for the purpose of retiring from business.
(1953 Code, ch. 5, § 7; Ord. No. 3120, § 8, 4-22-68)