No person shall advertise or conduct any sale of goods, wares or merchandise at retail that is represented as a bankrupt, insolvent, assignees, adjusters, trustees, executors, administrators, receivers, wholesalers, jobbers, manufacturers, closing out, liquidation, closing stock, or fire- or water-damage sale or any other sale which is, by representation or advertisement, intended to lead the public to believe that the person conducting such sale is selling out or closing out his business by selling the goods, wares or merchandise of such business for less than the current or going retail price thereof in the Township without first filing with the Township Clerk an inventory as provided for by §
332-2 and a receipt showing payment of all personal property taxes to the end of the current year, paying the required fee and obtaining from the Township Clerk a license to advertise or conduct such sale.
No person shall sell, offer or expose for sale at any such sale
or list on such inventory any goods, wares or merchandise which is
not the regular stock of the store, the business of which is to be
closed out by such sale, or make any replenishments or additions to
such stock for the purpose of such sale or during the time thereof,
or fail, neglect or refuse to keep accurate records of the articles
or things sold, from which records the Township Clerk may ascertain
the kind and quantity or number sold.
The provisions of this chapter shall not be applicable to trustees
in bankruptcy, executors, administrators, receivers or public officers
acting under judicial process.
All licenses issued under this chapter shall be prominently
displayed in the establishment in which the sale is being conducted
for the purpose of advising the public that said sale has been licensed.
[Amended 6-24-1992 by Ord. No. 92-19]
Any person who violates any provision of this chapter shall, upon conviction thereof, be punished as provided in Chapter
1, Article
I, of this Code.