743.14 ISSUANCE OF LICENSE.

   When the Mayor is satisfied, after investigation and public hearing that the following stipulations are met, he shall issue a license to the applicant.

   (a)   The applicant intends to discontinue his business at the location designated in the application on the date specified therein if such sale is a public auction or going-out-of-business sale;

   (b)   The applicant's inventory, on hand and on order is not out of proportion to the stock normally carried by such applicant;

   (c)   The applicant has not purchased or otherwise acquired goods, wares or merchandise for the purpose of conducting a public auction, going-out-of-business sale or distress merchandise sale;

   (d)   The goods, wares or merchandise to be offered for sale are those of a bona-fide merchant of the City;

   (e)   No misrepresentation of the goods to be sold has been made or will be practiced; and

   (f)   The applicant has complied with this chapter in all other respects not specifically set forth in this section.

(1967 Code §115.30)