Cross Reference — License fee for pawnbrokers, §605.130.
For the purposes of this Chapter, the word "pawnbroker" shall mean any person engaged in the business of lending money on
the security of pledged goods or engaged in the business of purchasing
tangible personal property on condition that it may be redeemed or
repurchased by the seller for a fixed price within a fixed period
of time.
[CC 1984 §22-17]
Every person to whom a license shall be granted to carry on
the business of a pawnbroker shall enter into a bond to the City,
with good and sufficient security to be approved by the Mayor, in
the penal sum of five thousand dollars ($5,000.00), conditioned for
the due observance of this Code and all ordinances that may be passed
or be in force respecting pawnbrokers, at any time during the continuance
of any such license.
[CC 1984 §22-18]
Every pawnbroker shall keep at his/her place of business a register
in which he/she shall enter in writing a minute description of all
property taken in, purchased or received, including any identification
mark or serial number that may be in or upon any article, together
with the time when the property is received and the name and place
of business or residence of each such person leaving the property,
giving the street and number if within the City; also, the amount
loaned, the interest charged, and the time when the loan falls due.
This register shall be a well-bound book and shall be kept clean and
legible. The pawnbroker shall make these entries within one (1) hour
after the receipt of or purchase of any property. Every entry shall
be made in ink and shall not in any manner be erased, obliterated
or defaced.
[CC 1984 §22-19]
Every pawnbroker shall give to each person who pledges property
to secure a loan, or who leaves property with the pawnbroker for any
purpose, a plainly written or printed ticket having upon it a full
and perfect copy of all the entries required by this Chapter to be
kept in the pawnbroker's register, and no charge shall be made for
such receipt.
[CC 1984 §22-20]
It shall be the duty of every pawnbroker to make out and deliver
to the Chief of Police every week a legible and correct copy of his/her
register of all personal property or other valuable things received,
deposited or purchased during the preceding calendar week, together
with the time when received or purchased, and a description of the
person by whom left in pledge or of whom the property was purchased;
provided that no pawnbroker shall be required to furnish any such
description of any property purchased from any manufacturer or wholesale
dealer having an established place of business or of any goods purchased
at open sale from any bankrupt stock or from any other person having
a regular, established place of business, but any such goods must
be accompanied by a bill of sale or other evidence of open and legitimate
purchase and must, upon demand, be shown to the Mayor, the Chief of
Police, any member of the Police force, the Sheriff or any Deputy
Sheriff of this County.
[CC 1984 §22-21]
No pawnbroker shall receive by way of pledge or pawn any goods,
articles or things whatsoever from any minor at any time nor from
any person whatsoever between the hours of 8:00 P.M. and 7:00 A.M.
