The weekly tribune. (Cape Girardeau, Mo.) 1918-1919, 1918-12-13

fer line of bus ness shall have the
right to close out his OF the firms
stock Ct goods at auct on without pay
ing the license named in this sec
tiOn.
This section shall not be construed
as applying to any persons selling
produce or articles he produces and
Ia ses by his own labor or upon his
own premises.
Section 6. Pawnbrokers to Obtain
License. No person, firm or corpora
ton, shall III tn S city engage In.
carrying cn or conduct the bus ness
Of u pawnbroker without first having
obtained license therefor and paid
the required license tax thereon and
filed bond as herein required.
Section Z. Tax on License; Pawn
brokers Defined. ta) Upon every
license to conduct and carry on the
business of a pawnbroker and before
the same shall be delivered, fifty dol
lars $500 per ;snmum.
: OBJ \ pawnbrcker is any person
who loans money on deposits of per-
sonal property, or deals in the pur-
chase of personal property on condi-
ton of selling the same back again
at a stipulated price or makes a pub
lie d splay at his place of bus ness of
the sign generally used b. pawnbrok-
ers to denote their business. to-wit.
three gilt or fellow balls. or who
publicly exhibits sign Money" to
ioan on Persona, Property on Depos-
it's"
Section 8. Pawnbrokers May
Charge What Per Cent on Loans.
Ii shai be unlawful for any pawn
broker to charge or receive more than
two (2) per cent per month for any
loan made by him.
Section .. Bond to be Gwen. Ev-t
cry person to whom d license shall be
granted 10 carry on the business of a
pawnbroker shall enter into a bond to
the city of Cape Girardcau, with two
or more good sufficient sureties, and
in the sum of five hundred dollars,
t$500) cond toned that he vii OBJ
serve all such ordinances as are now
in force or that may be passed here
after, respecting pawnbrokers. said
bond shall be approved by the city
clerk before the delivery of the Ii
cense and shall be fed n the office
of the city clerk.
Section 1. Minor Not to he Dealt
With; Business Hours No pawn
broker shall receive by way or pawn
or pledge, for money loaned, any ar.
ticl.r OF hing -tsala- laainsS. a. Ia
article property or thing,, the owner.
ship of VIII CHI property, article OF
thing is claimed by any minor. said
paEnbrcker knowing said article,
property or tn ng to be owned or
Claimed by such minor.
Section il. Register to Be Kept.
Every pawnbroker shall keep a req
istCr of al loans and purchases of all
articles effected or made by him,
which register shall show the date
Of al, leans or purchases and the
names of all persons who have left
any dcScrlr ton of property vi de
pos t as = collateral security, - as a
delivery Oh sale thereof. Opposite
such name and date shall be plainly
written a full description of such
property purchased or received on
deposit as collateral security. the
time the lean falls due, the amount
Of purchase money, the amount loan
cd, the interest charged. In edition
to this he shall give the party nego-
tiat'ng or selling a plain written or
printed receipt Of the article purchas-
cd, having on each copy of the en-
tries required by this ordinance to be
kept in his reg Ser. For the ticket
or receipt he shall not be entitled TO
make any charge.
Section y. Register Open to In
spection. The said reg. ster shall at
ell times be open to the inspection
Ct the mayor, marshal, city attorney,
or counsellor, or anyone or either of
them, or to any person who shall be
duly authorized in writ ng, for that
purpose By one or either of them. and
who shall exhibit such written au-
thor,ty to the pawnbroker.
Section Is. Time of Redemption.
In case the person obtaining the loan
fails to pay the interest when due,
the pawnbroker shall not sell the ar
tee or articles pawned with him as
security for such loan, until the ax-
piration of sixty 600 days from the
date of such failure, and the person