746.08 LIMITATION UPON ARTICLES TO BE SOLD.

   During any such sale by auction or going-out-of-business sale no additions whatsoever shall be made to the stock of merchandise set forth in the inventory attached to the application for license, and nothing shall be offered for sale or sold at any such sale by auction or going-out-of-business sale which is an addition to the stock of merchandise described in such inventory, or which has been added to the applicant's stock within a period of thirty days prior to the date the applicant filed application for license. Under no circumstances shall the inventory offered for sale at auction or going-out-of-business sale exceed by fifty percent (50%) the average inventory carried by the applicant over the preceding five years, or if the applicant has been in business less than five years the inventory offered for sale at auction or going-out-of-business sale shall not exceed by fifty percent (50%) the average inventory carried for the period of time applicant has been in business. Any abnormal purchases during the year prior to the application for license shall be cause for refusal to issue a license. (Ord. 57049. Passed 7-16-53.)