Minutes 11/25/1980 - Laserfiche WebLink

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TUESDAY NOVEMBER 25, 1980 Greene voting against the adopting motion, stating that the proposed ordinance would constitute .--- bad legislation and, further, that he is in agreement with Police Chief Roop and with Assistant Commonwealth's Attorney J. Randolph Smith on the need previously recommended by them for detailed record-keeping by such dealers), Council adopted said proposed ordinance, as follows: WHEREAS, a need has arisen to regulate dealers in precious metals and jewels within the City of Martinsville; now, therefore, BE IT ORDAINED by the Council of the City of Martinsville, Virginia, in regular session held on November II, 198a, as follows: I. No dealer, whether itinerant or permanent as hereinafter defined, may purchase gold, silver, platinum, gems, or semi-precious stones without a license as provided herein. 2. A dealer within the meaning of this ordinance is defined as a person, firm, or corporation who shall engage, in the City of Martinsville, in the business of purchasing gold, silver, platinum, gems, or semi-precious stones, except from licensed manufacturers or wholesalers of such items. Dealers who own the premises at which the aforesaid business is conducted, or who have a lease of at least one year's duration on the premises at which said business is conducted, shall be deemed to be permanent dealers. Any dealer who does not meet any of the aforesaid criteria for a permanent dealer shall be deemed to be an itinerant dealer. 3. Licenses shall be issued by the Commissioner of Revenue to any person able to produce satisfactory evidence of good character, which license shall designate the premises on which the licensee shall conduct the aforesaid business and specify the date or dates upon which the business may be conducted. A fee of $37.50 for a period of one year shall be charged for said license. 4. The license issued hereunder shall be a personal privilege and shall not be transferrable, nor shall there be any abatement of the tax upon such license by reason of the fact that the licensee shall have exercised the privilege for any period of less than that for which it was granted. The license shall at all times be kept publicly exposed by the licensee on his business premises. S. Any false statement made on the application form voids the license ab initio. Every person so licensed shall, at the time of the issuance thereof and before the same shall be operative, enter with either one corporate or two personal sufficient sureties into a joint and several recognizance to the City in the penal sum of $25,000.00 conditioned upon due observance of the terms of this ordinance. 6. If any person shall be aggrieved by the misconduct of any licensee and shall recover against him therefor, such person may, after the return unsatisfied, either in whole or in part, of any execution upon such judgment, maintain actions in his own name upon the aforesaid bond.