No person shall conduct a transient retail business from a fixed
location in any store, office building, trailer or tent upon property
not owned by such person within the Village of Morrisville for the
sale of merchandise advertised or represented to be bankrupt stock,
assigned stock or merchandise damaged by fire or water without first
obtaining a license for such business from the Village Board. Such
a permit may be obtained from the Village Board upon the submission
of a written application, the payment of any application fee determined
by resolution of the Village Board and the holding of a public hearing
by the Village Board upon not less than five days' notice to
the public.