The Sunday tatler and Jersey City express. (Jersey City, N.J.) 1883-1886, 1886-05-02
O0s1 ION NOTICES.
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AN ORDINANCE
70 License and Regulate Pawn
brokers in Jersey City.

brokers in Jersey City.
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BserfoN THE Board Of AldeEmeh may b,
resolution, paused BY At least seven ccncurrln5
votes and approved BY thb Mayor or BY such
action as becomes necessary In case OF non-ap
ipa the Interests OF the City license any person
being citizen or the United States anu resident
Of the City to exercise OF carry on the business o.
Pawnhruker. which licenses shall expire on tps
hrst day Of July next after their issua and shail
be revocable at the pleasure Of said Board OF Al
dermens
SECTION 2-Each and every person SO licensed
Is aforesaid, shall pay into the treasury o. tne
City and the Clerk OF the clty shall Issue said
licenses and afx the seal OF tho City thereto. and
shall keep record Of the said licenses granted In
SECTION s'EThe license fec 10 Be- paid by those
engaged in the Pawnbrokins business In Jersey
City at any time after the 1rst day Of July OF each
year, shall equal as many twelfth parts OF the
license fee as there are months remaining but
said proportionate cost OF license shall not apply
to any person who shall have been licensed by the
Board Of Aldermen and engaged IN like business
in Jersey City on the Arst day Of July next proceed
SEcrros mo application for transfer OF .
license under this ordinance shall be granted until
the applicant shall pay to the City Clerk for the
VI
party to whom transfer Is granted must comply
with the provisions OF this ordinance. Isl
SEcTIoN 8 Mo license, "a Aforesaid. SHAH DO
granted to anyperson or persons unless ne. she or
they shall present to the Aldermen N application
in writing verified by the oath Of such applicant,
made before any person resident In JerseysC City
authorized to administer oaths and afdrmations.
setting forth that such applicant is citizen OF the
United States and . resident OF Jersey City. -
SECTION 6--Every person 90 licensed. a. afore-
said shall at the time Of receiving such license.
enter with two sufficient surettes into Joint and
several recognizance. to 'sfhe Mayor and Alder.
men of Jersey City" In the penal sum Of ave hun
bred dollars, conditioned for the due Observance
Of all such ordinances Of the Board of Aldermen
IS may be passed or in force respecting Pawn
brokers at any time during the continuance OF
such license Said bond to be approved BY the
Corporation Counsel or Attorney, and hled In the
City Clerks office.
SEcr1oN livery pawnbroker shall keep book
In which shall be fairly written at the time OF each
loan an accurate account and description Of the
goods, article or thing pawned or pledged. the
amount OF money loaned thereon. the time Of
pledgng the same, the rate Of interest to be paid
on such loan. and the name and residences CT the
person pawning or pledgiDg the said goods. article
thing and il the article so pawned or pledged ID
gold or silver. any name, initial or mark thereon
shall be entered in said book. also whether 1t is
geld or silver, and any watch no pawned or
pledged. The name of the maker and number and
whether the same ia gold or silver, shall also be
entered.
SECTION s-Every pawnbroker SHALL at the time
of each loan, deliver TO the person pawBing or
pledging any goods article or thing memorand-
UNI or note. signed by him or her, containing the
substance of the entry inquired TO be made in his
or her book by the last preceding section; and no
charge shall be made or received by any pawn
broker for any such entry, memorandum or nete
SECTION 9.-The said book shall at all reasonable
times be open to the inspection of the Mayor. the
Aldermen, Chief Of Police. Inspector Of Police
Captains Of Police and Police Justices OF the City
of Jersey City, or any either Of them OF OF any
policeman or constable who shall be duly anthor
lied in writing for that purpose by any either Of
them. and who shall exhibit such written author
ity TO such pawnbrokei. and every article upon
which any loan shall have been made shall forth
with be exhibited to any policeman, constable o.
other person upon order Of the Chief Of Police Tor
Identification or inspection. In the presence Of
such policeman constable or person, and that said
book when filed shall be kept two years and then
be delivered to the Chief OF Police
SECTION 10-Rvery pawnbroker who shall violate
or negl ct or refuse to comply wish any or either
of the provisions of this ordinance SHALL for every
such offence, forfeit and pay the sum Of twenty
dollars.
! SECTION 11-Ne pawnbroker shall ask, demand
receive any greater rate of interest than twenty
Eve per cent. per annum upon any loan not ex-
ceeding the sum Of twenty Ave dollars. than ten
Per cent per annum upon any loan exceeding The
sum Of twenty-sy dollars, under the penalty OF
twenty dollars Tor every such offence.