As used in this chapter, the following terms
shall have the meanings indicated:
DEALER
Any person, partnership or corporation who, through any means,
buys or sells secondhand gold, silver, precious metals or jewelry,
and including anyone advertising the purchase or sale of any of the
aforementioned items.
MINOR
Any person under the age of 18 years.
SECONDHAND
Any item enumerated herein that is not new.
Each dealer conducting business within the jurisdiction
of the Borough of Dumont shall register with the Chief of Police,
who shall investigate the applicant and fingerprint him. Each application
shall designate the place in which the person receiving such license
shall be authorized to carry on such business. The applicant shall
be investigated as to his character and reputation and, if approved,
shall obtain a license from the Borough Clerk by paying a fee of $100.
Each dealer shall maintain a complete record
of each purchase and sale, including the amount paid, indicating the
name, residence, occupation, age and description of the person from
whom the items were purchased, received or sold. These records shall
be subject to the inspection of any authorized police officer of the
Borough of Dumont.
Each dealer doing business in the Borough of
Dumont shall deliver to the Chief of Police a description of all items
purchased, received or sold, as well as the name, address and a description
of the other party in the transaction within 72 hours of the completion
of the transaction, on forms prescribed by the Chief of Police.
No dealer shall sell, melt, change the form
of or dispose in any manner of an item purchased or received within
10 days from the date the notification is made to the Chief of Police,
and all such items shall remain on the premises where the purchase
was made for at least 10 days.
Each dealer must require identification of the
person with whom it is transacting business and must retain a copy
or description of said identification, and no transaction may be made
with any minor as hereinabove defined.
Any person as defined above who violates any
provision of this chapter shall, upon conviction thereof, be punished
by a fine not exceeding $500 or by imprisonment for a period not exceeding
90 days, or both, within the discretion of the Municipal Judge. A
separate offense shall be deemed committed in each day during or on
which a violation occurs or continues.