27 of 1937 - Amending Section 667X, known as Bill Number 40 of 1936, relating to Pawnbroker's fees, service charg RO
CALL Salt Lake City.Utah, ___S.EP 28 1`--�
VOTING AYE ___- 193
Coggin I move that the ordinance be passed.
Keyser
Matheson - - -
Murdock - - - -
Mr.Chairman - - - AN ORDINANCE
Result
AN ORDINANCE AMENDING SECTION 667X of an ordinance
passed by the Board of Commissioners of Salt Lake City on October
15, 1936, and known as bill No. 40 of 1936, relating to licenses
for pawnbrokers.
Be it ordained by the Board of Commissioners of Salt Lake
City, Utah:
SECTION 1. That Section 667X of an ordinance passed
*he Board of Commissioners of Salt Lake City on October 15, 1936,
and known as bill No. 40 of 1936, relating to licenses, be and the
same is hereby amended by amending the first paragraph thereof to
read as follows:
"For the purpose of this ordinance a pawnbroker is
hereby defined to be any person who loans or advances money
on the security of pledges of bills, notes or other evidences
of debt or choses in action exclusively, and on which loans or
advances the pledgor shall have the right to redeem any pledge
within a period not to exceed six months from the date of any
forfeiture at no greater advance than five per cent per month
on sums up to and including $50.00 and three per cent per month
on sums in excess of $50.00: provided, however, that a licensee
hereunder shall be allowed to charge a reasonable service
charge and investigation fee not to exceed $2.00 on each trans-
action."
SECTION 2. In the opinion of the Board of Commissioners,
it is necessary to the peace, health and safety of the inhabitants
of Salt Lake City that this ordinance shall take effect immediately.
SECTION 3. This ordinance shall take effect at once upon
its first publication.
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Passed by the Board of Commissioners of Salt Lake City,
Utah, this 28th day of Sepcei,_ber, A P,,
Mayor.
City Recorder.
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Affidavit of Publication
STATE OF UTAH,1
County of Salt Lake 57
Leo ii.Youno
AN ORDINANCE
AN f an ordinance passedNG by Dm SECTION
ssIx of an or of salt Lake City on Being first duly sworn,deposes and says that he is the advertis-
Y Commissioners and known a bill No.
October 15, 1820,
40 of 1936,leveling to licensee for pawn.
brokers.
Be it ordained by the Board f Com.
ssipnere PP sale Lake coy,Ctah: ing clerk of THE DESERET NEWS, a newspaper of general
m SECTION 1. That"Section 607XOctober
of.an
ordinance passed Salt LakeCity of
asim,era f as bill circulation,published in Salt Lake City, Salt Lake County, in
and known o. 40 of
15, 18el �n
is h luting to 1d'ebyeee.be and the same
amending
follows:
oa hereby
amended se Mid the State of Utah.
'Poe the Purpose of this ordinance a
Pawnbroker hereby efined to money any
un
the se who loans r advances of bille,m°
security Y of deb hp9Q0°in° Ordinance Bill No.27
Do ex P debt or a, That the advertisement
advothances the Pi 0, hive the loans '
o redeemtheX 1ple ge shall haveas perodighe
to see months irony the date.of relation. to Basses of pawnbrokers
exceed
at no greater advance thin
flee Per cent Per month on sumo lip
and thelndnsmso.i and li f 350.00°tpro (Salt Lake City Corporation)
vied, however,thaexcess
a as license°neronn
service'charge and invesrsegatioreasonable lot
to d$2.00 o each transactlea li
SECTION 2.In on
PPini°n o1 the to°the
of Commlealoners, s f tho'inbabitante
peace,hsalth,and safety
takn�ttfectsimfl atetY.ie ordinance shell ,
SECTION 2. Tme a mnanee stall take was published in said newspaper, in its issue dated, the
effect ssed,by the noon of Comnbismoners
of SCPtember,liA ctll, 1B27� this 28th day of 29th day of September A D. 19 37
E.B.ERIMe,
o.
(SEAL) ETHEL MaeDONALD, 1 time
city Reeorder. and was published
BILL NO. 27.
Published September 2Bth, 1077__
the last publication thereof being in the issue dated the
day of A.D. 19
....,(
4dvertisin leak.
Subscribed and sworn to before me this lst day of
October A.D.19.._32.
YYK ✓r5 tl�
otary Public.
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