[Amended 6-14-2021 ATM by Art. 46]
A. No individual or entity may carry on the business of pawnbroker,
or deal in junk, old metals, or any secondhand articles without a
license from the Select Board. The licensee shall, at the time of
receiving such license, file with the Town Clerk, a bond to the Town
in the sum of $5,000 with two personal sureties approved by the Town
Clerk or a surety company authorized to do business in Massachusetts
and conditioned for the faithful performance of the duties and obligations
pertaining to the licensed business.
B. Licenses issued pursuant to this section may only be granted to:
1) suitable persons who have been residents of the Town, or residents
of an adjoining city or town, for the six months preceding the issuance
of the license; or 2) to businesses with a majority of principals,
deemed to be suitable individuals, who have been residents of the
Town, or residents of an adjoining city or town, for the six months
preceding the issuance of the license. Licenses issued under this
section shall be renewed on an annual basis and may be suspended,
revoked, or canceled at any time at the discretion of the Select Board.
No person or entity holding a license issued under §
141-4 shall directly or indirectly purchase or receive by way of barter, or exchange any article or loan any money to, any individual that such keeper knows to be, or should have reason to believe is, a minor.
Every person or entity holding a license issued pursuant to §
141-4 shall immediately notify the officer in charge of police headquarters of any attempt or suspected attempt on the part of any person entering the licensed premises for the disposal of property by pawn, sale, exchange, or by any other means, when the attending circumstances indicate any possibility that said property has been stolen, or is unlawfully in the possession of the person offering it for pawn, sale or exchange.
[Amended 6-14-2021 ATM by Art. 46]
Any person or entity holding a license issued pursuant to §
141-4 who violates any of the preceding sections shall be punished by a fine not exceeding $50 for each offense, and any license held by such person or entity may be suspended or revoked by the Select Board.