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HomeMy WebLinkAbout55 of 1925 - Relating to pawnbrokers ROLL CALL VOTING AYE,.NAY Salt Lake City,Utah,._._..._._➢E.G. 8., 192.5., Barnes Burton I move that the ordinance be passed. Finch T Green SRWww 4;07' Mr. Chairman Result AN ORDINANCE AN ORDINANCE AMENDING SECTION 1294, Revised Ordinances of Salt Lake City, 1920, relating to pawnbrokers. Be it ordained by the Board of Commissioners of Salt. Lake City, Utah: SECTION I. That Section 1294, Revised Ordinances of Salt Lake City, 1920, relating to pawnbrokers, be and the same is hereby amended to read as follows: SEC. 1294. PAWNBROKERS. It shall be unlawful for any person to carry on the business of a pawnbroker, or the busi- ness. of loaning or advancing money,or- check or draft for money on the deposit or pledge or bailment of personal property of any kind as security for such loan or advancement, or the business of loaning or advancing money or check or draft for money in any transaction or transactions in the form of a sale of personal property wherein the personal property involved, under agreement, is to be or may be repurchased by the vendor, pledger, bailor or depositor within an agreed time upon the payment of an agreed sum, or any sum in excess of the real sum so loaned or advanced, or the business of loaning or advancing money or check or draft for money upon a chattel mortgage or mortgages on personal property where the personal property in- volved or any part of the same is taken into the custody or possession of the person advancing such money, or his agent or -4 trustee, (but not including the business defined in Section 1313 of salary loan agencies) without previously having ob- tained a license so to do in accordance with the provisions hereinafter contained and set forth. A sign or advertise- ment indicating that any person is engaged in any of the above kinds of business shall be received as prima facie evi- dence against such person that he is engaged in the business or pursuit therein advertised. Every person engaged in any business or pursuit above mentioned is hereby declared to be a pawnbroker, and shall pay the same license fee and receive the same license as a pawnbroker, and shall be governed and bound by all ordinances and regulations concerning pawnbrokers in so far as the same pertain to licenses and license fees. Every person applying for a license as pawnbroker shall, before receiving such license, pay into the city treasury a license tax of one hundred ($100.00) Dollars per annum (no such license to be issued for a less period than six months), and shall, before receiving such license, exe- cute and deliver a bond to the city in the sum of One Thou- sand ( 1,000.00) Dollars, with corporate surety, conditioned for the faithful observance of all ordinances of the city respecting pawnbrokers. SECTION 2. In the opinion of the Board of Commissioners it is necessary to the peace, health and safety of the inhabitant: of Salt Lake City that this ordinance become effective immediatel,. SECTION 3. This ordinance steal take effect January 1, 1926. Passed by the Board of Commissioners of Salt Lake City, Utah, this \ -- day of \��� , A.D 1925. / Mayor. City Recorder. . .. . • . . . i ' I . . . . . . , • ' • ... .. , • . . " '. ' '...•.).1 :: .',,,.i, " •-. .• . . • •.. , . . ' .. .. • • _ . . . . • • . . : . . . . . . . • - . . -. -. 4 . . • . , . . . . . _;:, • . „, . .. . , . . . . ,. „ .... N.. . •., . . . .. PA. , . . ... --- ; 0 c.,)-1.. .. . • '1'4 I;-.-' fr..--f ,,,..--, 0 I , . . I ...,-,. • • . ,......" - . • I• II . . ,„. • . - , . . .. . . . . • 1 . . . . . . . . . . . - . .•. . . . I• • . . , . ' . . • . , ...• . . . . , . . . . ' • , • • . . • • , . . . . , . . . • . 1. .. • ' . . . . . • I ' . . . ., . . • . , . • ' " •I.,•--",,,,,, . . . . . . . . . • . , . . . I.. . - . . . . . , ••,,,. . . • • • . . . . , . • • . . . • , . . t r .. . fr .• . . . , , • , .