As used in this article, unless the context
indicates otherwise, the following terms shall have the meanings indicated:
PAWNBROKER
Includes any person who:
A.
Engages in the business of accepting money on
the deposit or pledge of personal property other than choses in action,
securities, or written evidence of indebtedness; or
B.
Purchases personal property with an express
or implied agreement or understanding to sell it back at a subsequent
time at a stipulated price; or
C.
Accepts money for goods, wares or merchandise
pledged, stored or deposited as collateral security.
PLEDGE
An article or articles deposited with a pawnbroker as security
for a loan in the course of his business as defined in the preceding
paragraph.
Each and every pawnbroker shall keep a book
legibly written in the English language in which shall be recorded:
A. A full and accurate description of all articles purchases
or left in pawn with him.
B. The date and time of pledging, pawning or purchasing
the same.
C. The date and time within which such pawned or pledged
article is to be redeemed.
D. The amount of money lent or paid therefor.
E. The description of person or persons making a pledge,
including such person's name, address, date of birth, sex, race and
motor vehicle operator's number.
All pawnbrokers shall, daily, before twelve
o'clock noon of the following day of business, provide a written report
to the Police Department containing a complete description of all
articles received in the course of his pawnbroking business during
the previous business day, together with the number of ticket(s) and
a description of the person(s) making such sale, including such person's
name, address, date of birth, race, sex and motor vehicle operator's
number. Forms for this purpose are to be provided by the Police Department.
A pawnbroker shall not accept a pledge from
a person under the age of eighteen years nor from any person under
the influence of alcohol or drugs or any known thieves.
No pawnbroker shall sell or dispose of in any way to any person any article received by him in the course of his business until seven days have elapsed from the time of furnishing to the police of a form containing the information on such articles as required by §
178-3.