No person shall carry on the business of a pawnbroker
in this City unless he is duly licensed therefor by the License Commission.
All licenses granted under this chapter shall
designate the place where the person licensed may carry on his business,
and no licensee may conduct his business at any other place within
the City.
The fee for a license under this chapter shall be as described in Chapter
150, Fees, and a license granted under this chapter may be revoked at any time, and every person licensed as a pawnbroker shall execute a bond to the City as prescribed in MGL c. 140, § 77.
Every person licensed under this chapter shall
keep a book at his place of business in which he shall enter at the
time of receiving the same a minute description of any article left
for pawn, particularly mentioning any prominent or descriptive marks
on the same, with the name, age and residence, giving the street and
number, when possible, of the person from whom he received it, noting
also the day and hour and the amount paid thereon, and the book and
the articles left for pawn shall at all times be open to the inspection
of the License Commission or of any person authorized by the Commission
to examine them.
No pawnbroker shall, directly or indirectly,
receive any article in pawn from any minor, knowing or having reasonable
cause to believe him to be such, without the consent in writing of
the parent or guardian of such minor, and articles deposited in pawn
with a pawnbroker shall, unless redeemed, be retained by him on the
premises occupied by him for his business for at least four months
after the date of deposit, if not of a perishable nature, and, if
perishable, for at least one month after such date, and after such
date he may sell the same as provided in MGL c. 140, § 71.