[HISTORY: Adopted by the City Council of the City of Bangor as Ch. IV, Art. 4; amended 2-13-1989 by Ord. No. 89-94. Subsequent amendments noted where applicable.]
[Amended 9-14-1998 by Ord. No. 98-339; 5-9-2005 by Ord. No. 05-123]
No person, firm or corporation shall engage in business as a dealer in old gold, silver and precious metals in the City of Bangor except under written license granted by the City Council, issued under the signature of the City Clerk. The annual fee for a precious metals license shall be as provided in § 85-4. Such licenses shall continue in force until one year after the date issued, unless sooner revoked by vote of the City Council.
Every person, firm or corporation engaged in business as a dealer in old gold, silver and precious metals in the City of Bangor shall make a written daily record, in duplicate, of each transaction whereby any old gold, silver or precious metals are purchased or otherwise acquired by such licensee. Such record shall disclose the name of the licensee, date, name and residence of seller, description of each article sufficiently accurate and complete to identify it and the consideration paid therefor and shall be signed by the licensee or by the licensee's agent.
Records filed with Police Chief. Every licensee hereunder shall file the duplicate copies of the daily record required above in the office of the Chief of Police by 10:00 a.m. of the Saturday following the date of such record.
Identification, inspection and validation of articles. Every licensee hereunder shall retain possession of all articles of old gold, silver and precious metals purchased or otherwise acquired for the period of one week from the date of filing the record thereof in the office of the Chief of Police, during which period said articles shall be subject to identification, inspection and valuation by the Chief of Police or any officer of the Police Department and such persons as shall assist said officers. Such licensee shall produce and identify any such article upon request of the Chief of Police or any officer of the Police Department.
Violations of any of the provisions of this chapter shall be punished by a fine of not less than $50 nor more than $100 for each separate offense, and each day's violation of any provision hereunder shall be deemed a separate offense.