Newark evening star and Newark advertiser., 1910-06-08
City Advertisements.


AN ordinance to provide for the licensing regu-
lation and control of the business of making
or giving advancements or loans of money or
other things of value and of taking or receiving
as collateral security therefor pledges per-
sonal property. chattel mortgages or assign
ments of salary or wages or power Of attorney
authorizing the execution Of such assignment
therefor
Council of the City of Newark:
Section l. That any person or persons, firm or
corporstion corp who shall propose to engage in the
giving advancements loans Of money or
other things Of value and OF taking or receiving &
as collateral security therefor pledges of per-
sona1 property. chattel mortgages assign
ments of salary wages or power OF attorney
authorizing the execution of such assignment
OF salary or wages. may file with the City Clerk
OF the city application in writing to the
Common Council for a license to do such busi-
ness In the City OF Newark Such application
shall set forth the name names of the person
or persons, Arm or corporation applying for such
license. the place where the business Is to be
conducted, and If the business is to be con-
Quoted under firm 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
by certified check upon Newark Bank OF
Trust Company. to the order of the City Clerk
Of the City of Newark, for five hundred dollars.
the amount of the license fee hereinafter
hxed II the license Is refused. the check shall
be forthwith returned to the applicant appli-
cants. The Common Council shall duly consider
such application and grant or refuse the license
Section O. Upon SUCH license being granted
the City Clerk shall issue to the applicant ap-
pcants therefor q license under the seal OF the
city which license shall specify the name or
names of the person, persons. firm or corpora
tion to whom the same Is issued, and the firm.
or business name designation, IL any. the
place where the business is to be carried on,
and the time when the license expires, and
shall be signed by the Mayor and countersigned
by the City Clerk. The City Clerk shall keep q
record of all licenses Issued under the provisions
of this ordinance. All licenses issued under this
lnrd linn hall he dafc
issue and no more. The license shall be con
spfcuously displayed at all times In the office OF
place where the business so licensed Is car
| ried
! Section 3. The license fee for all licenses fol-
the conduct of the business specified in section
one of this ordinance shall be the sum of five
hundred dollars per annum-
Section 4. Any person or persons. firm cor.
poration violating any of the provisions OF this
| ordinance, conducting or carrying on any
such business as specified and described in sec
| ton of this ordinance without license
therefor first had as provided In this ordinances
or failing neglecting to keep conspicuously
displayed the license for such business in ths
place where the same Is conducted or carried
on, shall be liable upon conviction to fine oi
penalty not exceeding two hundred dollars. ol
Imprisonment IN the county jail for a term no
exceeding ninety days in default OF payment o.
said fine. In the discretion of the magistrate be
fore whom such person or persons. firm cor
poration Is convicted
Section 5. This ordinance shall take effect i'm
medatey
| The foregoing ordinance was presented II
Common Council Friday evening. June 3
| 1910. read twice under suspension of tn,
rules and duly ordered to third reading
/ JAMES F. CONNELLY.
| je6-5t City Clerk.