The following By-Law be and hereby is adopted
for the licensing and regulation of pawnbrokers.
The fee for any license or renewal thereof granted
hereunder shall be $50, but if a license is issued on or after November
first in any year, the fee shall be $25. The licensee shall, at the
time of receiving a license, file with the Town Clerk a bond, as required
by law.
Every person licensed to carry on said business
shall keep a book at said person's place of business, in which said
person shall, at the time of making a loan, enter in the English language
a minute description of every article purchased or taken in pawn at
the time of receiving it, particularly describing any prominent or
descriptive marks, and the name, age (when there can be a reasonable
doubt as to whether the person is a minor or not) and residence (giving
the street and number, if possible) of the person from whom and the
day and hour when the pawnbroker purchased it, and the amount paid
therefor or loaned thereon, and the number of the pawn ticket.
No pawnbroker shall, directly or indirectly, receive any article in pawn of any minor knowing or having reasonable cause to believe the person to be such; and no article received in pawn shall be sold until the expiration of the time and in the manner provided by statute. Every pawnbroker licensed as aforesaid shall make out and deliver at the office of the Chief of Police each day before the hour of 12:00 noon a legible and true copy of all entries made during the 24 hours ending at 8:00 a.m. of the same day, in the record book required to be kept by §
115-5 of this chapter.