No person, firm, or corporation shall engage in the business of auctioneer, canvasser, hawker, peddler, or itinerant merchant, trader and vendor of, and in the temporary or transient business of vending or selling stocks, bonds, real estate located outside of the state, insurance, magazines, books, pictures, photographs, jewelry, automobiles, vehicles, clothing, optical goods, goods, wares, merchandise, and other articles of commerce within the municipality without first making and filing an application in writing with the director of finance for a license to engage in such business or businesses, which application shall be filed with said director at least seven days before such applicant shall be authorized to begin to do business within the municipality. The application shall be sworn to by the applicant, and shall state the name and residence of the applicant, the business in which the applicant desires to engage, the length of time for which said license is desired, and the name or kind of such article or commodity which is intended to be sold, vended, hawked, or peddled, and the name and address of the principal, if any, of the applicant. If the applicant desires to sell, vend, hawk, or peddle stocks or bonds, the application shall also contain the name and address of the principal office, both within and without the state, of the association, corporation, company, or other concern by whom or in whose name such stocks or bonds are issued, and an itemized financial statement such as is required to be furnished by foreign corporation when registering in the state, and a statement showing the actual assets and liabilities thereof, and a statement showing the nature and kind of such stocks and bonds, and how and in what order, if at all, secured or preferred for payments. In addition to the foregoing facts, the application shall contain an appointment and designation by the applicant of the director of finance, or, at the applicant's option, of a permanent resident of the municipality, to act as agent for the applicant, upon whom service of summons in such action or actions, that may be brought, may be made if the applicant after due diligence cannot be found within the city; provided, if the applicant shall exercise the option to appoint a resident other than the director of finance, he shall also file the written consent of such resident to act as such agent.
(Code 1962 § 5-6)