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ORDINANCE No. 3254 by Mr. Reidy <br /> <br />An ordinance to regulate the sale of or offering for sale at Public Auction of any gold, <br />silver, plated ware, precious stones, watches, clocks, jewelry, furniture or other <br />merchandise and repealing Ordinance No. 3151, adopted by the council of the city of <br />Lakewood, November 3, 1930, and declaring an emergency. <br /> <br />BE IT ORDAINED BY THE COUNCIL OF THE CITY OF LAKEWOOD, STATE OF OHIO, four-fifths <br />of all members elected or appointed thereto present and concurring:- <br />Section 1. That it shall be unlawful for any person, firm, corporation or association <br />by himself, themselves, or itaetf, or by or through any agent or servant except en <br />officer, person, firm or corporation or association executing a process or order of any <br />court having jurisdiction within the state of Ohio for selling property directed by law <br />or court order or legal process to be sold at public auction, and except licensed pawn- <br />brokers selling or offering for sale unredeemed pledges in the manner provided by law, <br />to sell or offer for sale at public suction any gold, silver, plated ware, precious <br />stones, watches, clocks, jewelry, furniture or other merchandise, whether the same be <br />his property, or whether he sells or offers for sale the same as the agent, servant, <br />employee of another, unless such person~ firm,corporation or association shall first <br />procure a llcense to do so, as hereinafter provided. <br /> <br /> Section 2. That any person, firm, corporation or association desiring to hold an auction <br /> sale of the goods here&nbefore described, shall file a sworn written application for a <br /> license, stating the time and the address of the applicant the place where the sale is to <br /> be conducted, the name and address of the person, firm, corporation or association who <br /> for at least one year previous to this sale shall have owned the goods proposed to be <br /> sold, and shall attach to it a sworn inventory of the stock on hand, settling out the <br /> quality, kind and grade of each item, and the wholesale market value thereof, and shall <br /> file with the City Clerk a certified copy of the auctioneer's license required by the State <br /> of Ohio. Every such parson shall execute and file with the City Clerk a good and <br /> sufficient bond in the sum of two thousand five hundred dollars ($2500.00) with two <br /> or more sureties thereon who shall be free holders within the City of Lakewood, or <br /> with the surety thereon a surety company authorized to do business within the State <br /> of Ohio, and which bond shall be subject to the approval of the City Clerk~ and shall <br /> be conditioned upon the faithful observance of all the conditions of This Ordinance and <br /> shall indemnify any person at said auction (public) who suffers any loss by reason of <br /> misrepresentations in said sale. Any purchaser claiming to have been damaged by mis- <br /> representation in said auction sale may maintain an action st law against said <br /> licensee making such misrepresentations, and may join as party defendant the surety <br /> or sureties on said bonds as herein provided. <br /> <br /> Provided, however, that no license shall be issued for the sale or offering for sale <br /> at public auction of the stock on hand of any person, firm, corporation or association <br /> that shall not for the period of one year next preceeding such sale or offering for <br /> sale, have been continuously engaged in the City of Lakewood in the business of a <br /> wholesale or retail merchant of gold, silver, plated ware, precious stones, watches, <br /> clocks, jewelry, furniture or other merchandise, nor shall a license be issued for the <br /> sale of or offering for sale at public auction of the stock on hand or any addition <br /> thereto, as hereinafter provided, by any purchaser thereof from a person, firm, corpor- <br /> ation, or assoc~tton that shall not for the period of one year next preceeding any such <br /> purchase, have been continuously engaged in and upon the same premises wherin said <br /> sale or offering for sale is to be held in the business of a wholesale or retail merchant <br /> of gold, silver, plated ware, precious stones, watches, clocks, jewelry, furniture or <br /> other merchandise; and provided further that no license shall be issued if a sale at <br /> public auction of such stock on hand shall have been conducted within the period of <br /> one year next preceding such sale; and provided further, however, that such sale <br /> or offering for sale at public auction by such merchant or purchaser shall be held <br /> on successive days, Sundays and legal holidays excepted, and shall not continue for <br /> more than a total of thirty (30) days within the period of any one year. <br /> Section 3. That in addition to the stock on hand as hereinafter defined, such licensee <br /> may sell or offer for sale at public auction additional gold, silver, plated ware, <br /> precious stones, watches, clocks, jewelry, furniture or other merchandise, <br /> hereinafter described as "fill ina", provided that the total wholesale market value therec <br /> shall not exceed fifty percent of the wholesale market value of the "stock on hand" <br /> set forth in sworn inventory filed with the application for license as hereinbefore <br /> provided; provided further, that no such "fill in" shall be sold or offered for sale <br /> until there be filed with the City Clerk a sworn statement setting out the quality, <br /> quantity, a kind or grade of each item, together with the wholesale market value <br /> thereof, and until the City Clerk shall have first granted his written permission to <br /> do so. <br /> <br /> <br />