Sec. 22-71. License required.
All pawnbrokers and persons who receive actual possession of personal property as security for loans with or without a mortgage or bill of sale thereon within the city shall first obtain a license therefor.
Sec. 22-72. License fee.
Every pawnbroker or other person mentioned in section 22-71 shall pay each year a license fee of $60.00 per year. Such license fee shall be paid in full in advance.
Sec. 22-73. Bond required.
Before any license shall be issued to any pawnbroker or other person engaging in the vocations described in this article, the applicant therefor shall file with the city clerk a bond executed by a surety bonding company in the sum of $2,000.00, conditioned that he will comply with all the conditions and regulations in this chapter and that he will pay all fines, costs or penalties imposed for his failure to do so, all damages any person may sustain by reason of his taking in pledge or purchasing any stolen property, and if such stolen property is sold by him so that the same cannot be returned to the owner thereof, then that he will pay the owner the value thereof or, if the same still remains in his possession, that he will deliver the same to the owner thereof, together with all costs and charges sustained by him in recovering possession thereof.
Sec. 22-74. Records to be kept.
Every pawnbroker shall keep a book, in which he shall accurately and intelligently enter, in ink, in the English language, at the time of purchasing or receiving any personal property:
(a) The name of the person from whom the property was purchased or received and his place of residence.
(b) A list of all jewelry, watches and other personal property purchased by him or pledged or mortgaged to him, which shall contain an accurate description of such property, watch or jewelry and also the numbers of the same, if a watch, both on the case and the works.
(c) The estimated value of each article.
(d) The amount paid, advanced or loaned.
(e) The date and hour of transaction.
(f) The time when the article is to be redeemed or brought back.
(g) What, if any, mortgage or bill of sale was taken or receipt or pawn ticket was given.
(h) When and by whom the article was brought back or redeemed.
(i) When, to whom and how the article was disposed of, if not redeemed.
Sec. 22-75. Daily report to police department.
Each pawnbroker shall make a daily report to the police department of all purchases, on a blank [form] to be furnished by the city for that purpose, which shall be legibly written, and a correct copy of all entries made since the last copy delivered was made in such book or record required to be kept.
Sec. 22-76. Availability of license, records for examination.
Each pawnbroker shall open to examination by the chief of police or any police officer the following:
(b) Purchase book.
Sec. 22-77. Pawnbroker to deliver memorandum at time article pawned.
Every pawnbroker shall, at the time of each loan, deliver to the person pawning any article or goods a memorandum or note, signed by him, containing the substance of the entry required to be made in his book. No charges shall be made by any pawnbroker for such entry, memorandum or note.
Sec. 22-78. Sale of pawned articles.
No pawnbroker shall sell any pawned or pledged article until the same shall have remained six months in his possession after the time for the payment of the amount loaned has expired. All such sales shall be at public auction and not otherwise, unless by consent, in writing, of the party pawning the goods.
Sec. 22-79. Purchase of property from minors.
No pawnbroker shall purchase or receive from any minor, directly or indirectly, any property of any kind or nature without the written consent of the parents or guardian of such minor offering to sell or dispose of such property.