Arizona republican., 1916-01-18

TOT the purpose or lnlS Sectlon, uH-
 less the same be contrary to or in consistent with the text, be construed as follows: |,
 @ (a) collection Agency shall include every person, firm or corpo-
 ration carrying on a business of col
 lecting debts; or purporting to be a debt collector; and who carries on such business for profit. A person regularly employed on salary by any person, firm or corporation to collect for such person, firm or cor poration exclusively shall not be held to he a collection agency
 (b) "Assignor" shall include every person, firm or corporation to whom debt is owing and who places the 1 debt in the hands of or assigns the same to any collection agency for 1 collection.
 l Co Debtor shall include every | person, firm or corporation owing a
 debt to any other person, firm or cor l
 poration, and against whom a col l 1 lection claim is held. (d) City Collector" shall include
 the City Assessor and Ex-officio City | 1 Collector of the City of Phoenix or i his duly acting deputy or assistant. | (e) 'Defaulted claim shall in i | clude any claim which has been col lected by a collection agency from a debtor and which has not been by | such collection agency paid over to the assignor thereof within thirty
 (30) days after the date of it's col lection.
 | I3l Every collection agency is
 hereby placed under the supervision
 of the City Collector who is hereby
 empowered and authorized to enter upon the premises and examine the
 books and accounts of any collection agency, for the purpose of ascertain
 ing if the business of the said
 agency is being conducted in a prop
 CT and lawful manner
 : (D Every collection agency, be- fore beginning business, shall cause
 to be filed with the City Collector an application for license, and a
 registration report containing in ad-
 dition to such other particulars as
 may be required by the said City 2 Collector, the name under which it I is proposed to transact the business of such collection agency, and the
 name residence and official title of . every member, official and stock holder thereof; and with such appli cation shall be deposited the quarter, ly license fee provided for in sub
 Section of this section, together
 with good and sufficient bond in
 | the sum of Two Thousand Dollars HD naN &l Of :, Phoenix. All such bonds shall be e personal or surety company bonds,
 and shall be approved by the City !, Manager of the City of Phoenix, and ,. shall bind the principals and sureties 1 thereon to pay over to the City of
 Phoenix. upon written demand of the 4 City Collector notifying said sureties
 and said principal or either of them v that the collection agency for which
 such bond shall have been given, has h. defaulted, the amount so claimed to d be so defaulted. If such bond be a = personal bond, there shall be not ,+ less than two sureties, and the jus .s tification of said sureties shall aggre- lad gate double the amount of. the bond V (5) The quarterly license fee d shall be twenty five dollars, &25.00D " payable to the City Collector at his r. office in advance on or before the " first days of July, October. January 10 and April of each year, and the samt al shall expire on the last days O ,d September, December, March anC ,e June, respectively. Licenses issued .b during any quarter shall be pro ratet ,- for that quarter. No license issued i'd under the provisions of this ordi 60 nance shall be transferable or re in fundable.
 r. GO Upon the fling of the appli of cation and report herein provided re the payment of the license fee hereil en required and the filing of duly ap h, proved bond as herein required, al be investigation and examination shal O. be made by the City Collector of tn ed members, officers and stockholder at of such, applicant collection agenc le. and if it be found that said collec all tion agency or any of it's member: 12 officers or stockholders, have not a ,v.l any time defaulted, then said Cit ,et Collector shall issue and deliver t to such applicant the license herein pro n vided for, in such form may h IT, approved by the City Commission to entitling, such applicant to conduo n- the business of collection agency fc ITS the period in such license, stated, an
 shall certify on the face of sue ct license that the collection agenc of therein mentioned has duly filed th xet bond in this section required. Tn ,in bond herein required shall be a cor or tinuing bond, and shall continue Z ein long as the agency for which it ;ed given shall continue to transact tf ,c business by said bond covered, ar or for the full period of the statutes nor limitation in such cases made ar ng provided respecting all transaction nor covered by such bond,
 lalII CD Each and every coliectiC eed agency shall on or before the 1st dS ,n- of July of each year, file with Il iod City Collector a statement of 7tl or total amount of collections made mt, such agency during the year endil
 so June 30th next heretofore, and ate said statement show such item
 portion thereof, collected and retain on-1 for a period exceeding thirty @
 to days from the date same was cc om lected, with the reasons, if any. f 'om such retention
 lis (S) If, upon examination of [
 applicant for license or renewal ed license, it be found that such e job lection agency has fully compli