Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-07-16
City Advertisements.

AN ORDINANCE to provide for the licensing,
regulation and control OF the business OF
making or giving adyancem ents or loans OF
money or other things of value and of taking
or receiving a. collateral security therefor
Pledges OF personal property. chattel mortgages
or assignments Of salary or wages. or power Of
cense fees therefor.
BE II ordained by the Mayor and Common
Council OF the city OF Newark:
section l. That any person, or persons. hrm
or corporation who shall propose to engage in
the city Of Newark In The business OF making
OF. giving ARRANGEMENTS or loans OF money or
other things OF value and Of taking or receiving
as collateral security therefor pledges Of per-
sonal property, chattel mortgages or assign
ments OF salary or wages or power OF attorney
authorizing the execution of such assignment
OF the city an application in writing to the
Common Council for a license to do such busi-
ness In the city of Newark. Such application
snail set forth the name or names OF the person
or persons. firm or corporation applying for
such license, the place where the business is to
De conducted and II the business fs to be con-
Quoted under a arm or business name or desig-
nation, such name or designation shall also be
set forth in full in said application
Every such application shall be accompanied
oy q certified check upon a Newark bank OF
trust company. to the order of the city clerk
or the city Of Newark for five hundred dollars.
the amount of the license fee as hereinafter
fixed. If the license is refused the check shall be
forthwith returned to the applicant or appli-
cants. The Common Council shall duly con-
slider such application and grant or refuse the
license by resolution.
Section 2. Upon such license being granted.
the city clerk shall issue to the applicant or
applicants therefor n license under the seal OF
the city. which license shall specify the name
or names OF the person, persons. firm or cor
poratfon to whom the same is issued, and the
nrm. or business name or designation, II any,
on, and the time when the license expires, and
snail be signed by the Mayor AMI counter
signed by the city clerk. The city .ierk shall
provisions of this ordinance. All licenses is-
sued under this ordinance shall be for one year
from the date of issue and no more. The IL
times in the ONCE or place where the business
40 licensed is carried on.
the conduct Of the business specified in Section
one of this ordinance shall be the sum OF nve
hundred dollars per annum.
Section 4 Any person. persons. firm or cor
poration violating any Of tho provisions Of this
ordinance. or conducting or carrying on any
such business as specified and described in
Section one Of this ordinance without a license
therefor first had, as provided In this ordin-
ousiy displayed the ificenss for s such e Snsinss.
In the place where the same is conducted or
carried on. shall be liable on conviction to a
fine or penalty not exceeding two hundred dol
lars or Imprisonment In the county jail for a
term not exceeding ninety days in default OF
magistrate before whom such person or persons.
firm or corporation IN convicted.
Section s. This ordinance shall take effect i'm
Adopted July 8. 1910.
A WILLIAM
President OF Common Councii-
Presented to the Mayor for his approval July
JAMES r. Connolly,
Approved July ~. 1910.
JACOB H~AUssLINo.
The foregoing ordinance was presented In
Common Council on Friday evening, July a.
1910. on third reading and Anal passage; was
passed and duly signed by the Mayor and ts
JAMES F. ooNNrLLY.
5uila-bt city CLERK.