For the purposes of this Chapter, the word "pawnbroker" shall be deemed to 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.
A. 
No person shall operate a pawnshop unless such person obtains a pawnshop license issued pursuant to this Section. To be eligible for a pawnshop license, an applicant shall:
1. 
Be of good moral character;
2. 
Have net assets of at least fifty thousand dollars ($50,000.00) readily available for use in conducting business as a pawnshop for each licensed pawnshop; and
3. 
Show that the pawnshop will be operated lawfully and fairly within the purposes of this Chapter and Sections 367.011 to 367.060, RSMo.
4. 
Not have been convicted of a felony or misdemeanor which directly relates to the duties and responsibilities of the occupation of pawnbroker or otherwise makes the applicant presently unfit for a pawnshop license.
A. 
At the time of making any secured personal credit loan, the lender shall execute and deliver to the borrower a receipt for and describing the tangible personal property subjected to the security interest to secure the payment of the loan. The receipt shall contain the following:
1. 
The name and address of the pawnshop;
2. 
The name and address of the pledgor, the pledgor's description, and the driver's license number, military identification number, identification certificate number, or other official number capable of identifying the pledgor;
3. 
The date of the transaction;
4. 
An identification and description of the pledged goods, including serial numbers if reasonably available;
5. 
The amount of cash advanced or credit extended to the pledgor;
6. 
The amount of the pawn service charge;
7. 
The total amount which must be paid to redeem the pledged goods on the maturity date;
8. 
The maturity date of the pawn transaction; and
9. 
A statement to the effect that the pledgor is not obligated to redeem the pledged goods, and that the pledged goods may be forfeited to the pawnbroker sixty (60) days after the specified maturity date.
[CC 1991 §625.040; Ord. No. 565 §1, 11-10-1980]
No pawnbroker shall accept any article or property as collateral security or purchase any article or property unless he/she shall make a photograph of the person from whom such article or property is being received along with the receipt or pawn ticket given to such person; nor shall any pawnbroker refuse to deliver such photograph to any Law Enforcement Officer upon request in connection with a specific item of stolen property within one (1) year following the date such photograph is taken. Every pawnbroker shall display a notice to his/her customers in a prominent place to the effect that he/she is required to photograph every person pawning or selling an item to him/her, by City ordinance.
[CC 1991 §625.050; Ord. No. 565 §1, 11-10-1980]
No pawnbroker shall accept as collateral security or purchase any camera, radio, television set, lawn mower, typewriter, adding machine, calculating machine, copying machine, duplicating machine, tape recorder, tape player, cash register, still or moving picture projector or offset projector, record player, dictating machine, electric buffer, electric polisher or electric floor waxer, unless said item shall have plainly visible thereon the manufacturer's serial number or other identifying insignia.
[CC 1991 §625.060; Ord. No. 565 §1, 11-10-1980]
In addition to paying any fine for violation, any person who shall violate any provision of this Chapter may have his/her license revoked by the Board of Aldermen after the licensee has been notified in writing at his/her place of business of the violations complained of and shall have been afforded a reasonable opportunity to have a hearing thereon before the Board of Aldermen.
[CC 1991 §625.070; Ord. No. 566a §1, 2-9-1981]
No license for operating the business of pawnbroker shall be granted or issued when the granting thereof will increase the number of such licenses outstanding and in force at that time to more than one (1) for each seven thousand five hundred (7,500) inhabitants or fraction thereof residing within the City as shown by the last decennial census of the United States.