Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-06-06
CITY ADvEnrIsEMENrs.

AN ordinance to provide for the licensing, regu-
lation and control of the business Of making
or giving ARRANGEMENTS or loans OF money or
other things of value and of taking or receiving
as collateral security therefor pledges or per-
sonal property. chattel mortgages or assiign-
authorizing the execution Of such assignment
Of salary or wages. and fixing the license fees
therefor.
Be 1t ordained by the Mayor and Common
Council OF the City OF Newark:
Section l. That any person or persons, firm or
corporation who shall propose to engage In the
City of Newark In the business of making or
giving advancefnents or loans of money OF
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 salary or wages. may file with the City Clerk
OF the city an application in writing to the
Common Council for a license TO do such bust
ness in. the City of Newark. Such application
shall set forth the name or names of the person
or persons. firm or corporation applying for such
conducted. and If the business is TO be con
Quoted under a 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 a certified check upon a Newark Bank or
Trust Company; to the order Of the CITY Clerk
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 consider
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 APP
plicants therefor a 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 lie Issued, and the firm,
or business name or designation, If 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 a
record of all licenses issued under the provisions
of this ordinance. All licenses Issued under this
ordinance shall be for one year from the date of
issue and no more. The license shall be con-
place where the business SO licensed is car
ried on.
Section 3. The license fee for all licenses for
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 or cor
poration violating any of the provisions OF this
ordinance, or conducting or carrying on any
such business as specified and described In sec
tion one of this ordinance without a license
therefor first had as provided in this ordinance
or failing or neglecting to keep conspicuously
place where the same Is conducted or carried
on, shall be liable upon conviction to q fine or
penalty not exceeding two hundred dollars, or
Imprisonment in the county jail for a term not
exceeding ninety days in default of payment OF
said fine, in the discretion of the magistrate be-
~poration is convicted.
Section 5. This ordinance shall take effect i'm
mediately.
The foregoing ordinance was presented in
Common Council on Friday evening. June 3.
1910. was read twice under suspension OF the
rules and duly ordered to a third reading.
JAMES F.. Connolly,
je6-5t City Clerk.