[HISTORY: Adopted by the City Council of the City of Trenton 9-7-1967 as § 5-10 of the Revised General Ordinances. Amendments noted where applicable.]
As used in this chapter, the following terms shall have the meanings indicated:
- Any person, partnership, association or corporation lending money on deposit or pledge of personal property, other than choses in action, securities or printed evidences of indebtedness; or purchasing personal property on condition of selling it back at a stipulated price; or doing business as a furniture storage warehouseperson and lending money on goods, wares or merchandise pledged or deposited as collateral security.
[Amended 11-3-2011 by Ord. No. 11-46]
No person shall engage or continue in business as a pawnbroker in the City except as authorized by this chapter, and without first obtaining a license from the City Clerk. No person other than a licensee under this chapter shall display any sign or other device in or about the premises of the business, or in any advertising matter or other printed matter which in anywise resembles the emblem or sign commonly used by pawnbrokers, nor shall there be any sign displayed which is calculated to deceive, nor shall the word "pawnbroker" be used in or about the premises of the business or in any advertising matter or other printed matter, nor shall any such person hold himself/herself out to the public to be a pawnbroker, either through advertising, soliciting, signs or otherwise. A separate license shall be required for each location, place or premises used to conduct such business. Such license shall not be transferable to any other location without the approval of the City Clerk.
Application for such license shall be in writing and shall state the full name and place of residence of the applicant, or, if the applicant be a partnership, of each member thereof, or, if the applicant be a corporation or association, of each officer and stockholder thereof, together with the place or places where the business is to be conducted.
Upon application to the City Clerk, such official shall issue to the applicant upon payment of the license fee a license to do business in this City. The license shall be renewed annually. The City Clerk shall charge a fee of $500 for a license. The license shall run from the date of issuance to the end of the calendar year.
The Clerk shall issue no more than three pawnbroker licenses per year; provided, however, that this limit shall not bar the issuance of a license to a pawnbroker who is actually doing business in the City on or before September 2, 1999. In the event that there are more than three licenses issued, no additional licenses shall be issued. It is the intent of this section to reduce the number of licenses issued to three by attrition.
No pawnbroker license shall be issued for or transferred to premises within 2,500 feet of any other premises for which a pawnbroker license has been issued. Such 2,500 feet shall be measured from the nearest entrance of the premises sought to be licensed to the nearest entrance of an existing premises, in a normal way that a pedestrian would properly walk.
All license fees received by the City Clerk under the chapter shall be deposited in a general account for the use of the City.
The City Clerk, upon five days' notice to the licensee and after hearing, may revoke any license issued under the provisions of this chapter for any violation of the provisions hereof.
The license so issued shall be kept conspicuously posted in the licensee's place of business. Whenever the licensee shall change his/her place of business written notice thereof shall be given to the City Clerk, who shall indicate his/her approval of the change of location, in writing, on the license.
[Amended 7-7-2005 by Ord. No. 05-69]
The Police Director is authorized to issue rules and regulations concerning the maintenance of records by licensees for the purpose of the prevention of trafficking in stolen property and other crimes and offenses. Violation of any such rules and regulations shall be grounds for revocation of the license. The rules and regulations that shall apply are:
Pawnshops will provide the police with a computerized download of all pawn and purchase transactions, along with a hard copy of the transaction which will include the subject's signature.
All precious metals and gems purchased will be held for no less than 15 days.
Pawnshops are required to obtain at least one form of valid identification.
Pawnshops will incorporate into their computer database a method of obtaining a picture of the seller or person pawning the property. This picture is entered into their database and provided to the police upon request.