Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-07-15
City Advertisements.

AN ORDINANCE to provide for the licensing.
regulation and control of the business of
money or other things of value and of taking
or receiving a collateral security therefor
pledges Of personal property. ehattel mortgages
or assignments of salary or wages. or power OF
attorney authorizing the execution of such as
signment of salary or wages and fixing the IL
cense fees therefor.
BE II ordained by the Mayor and Common
Council of the city of Newark:
Section !. That any person, or persons. firm
or corporation who shall propose to engage In
Or irving ad-vaneements 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 OF assign
ments of salary or wages or power of attorney
autnorizing the execution. OF such assignment
or 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
shall set forth the name or names OF the person
or persons. firm or corporation applying for
such license. the place whare the business IL 10
be conducted and IL the business Is 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 siich arniiration shall he accompanied
by a certified check upon a Newark bank or
trust company, to the order of the city clerk
the amount ~ the license Zee as hnreineTter
fixed. II the license is refused the check shall be
forthwith returned to the applicant or appii-
Giants. 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 u license under the seal of
the city, which license shall specify the name
or names Of the person. persons, firm or cor
poration to whom the same is issued, and the
nrnl. or business name or designation, II any,
me place where the business is TO be carried
on. and the time when the license expires, and
shall be signed by the Mayor and counter
signed by the city clerk. The city clerk shall
keep a record of all licenses issued under the
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 II
cense shall be conspicuously displayed at all
times In the office or place where the business
SO licensed is carried on.
Section 8. The license fee for all licenses for
the conduct OF the business specified in Section
one OF this ordinance shall be the sum of I'VE
hundred dollars per annum.
Section 4. Any person, persons. firm or cov-
poratiop violating any Of the provisions of this
ordinance, or conducting OF 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-
ance. or falling or neglecfing to keep conspicu-
In the place where the same is conducted or
carried on. shall be liable on conviction 10 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
payment of said hne. in the discretion OF the
magistrate before whom such person or persons.
firm or corporation is convicted.
Section 5. This ordinance shall take effect i'm
Adopted July 8. 1910.
WILLIAM PENNINGTON.
President OF Common Council.
Presented to the Mayor for his approval July
JAMES F. CONNOLLY.
City Clerk.
Approved July IL. 1910
JACOB HAUsSLING.
The foregoing ordinance was presented IN
Common Council on Friday evening, July g.
1910, on third reading and final passage; was
passed and duly signed by the Mayor and Il
therefor a law.
Jul13-5t City Clerk.