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AN ORDINANCE TO REGULATE THE USE OF TRADING STAMPS IN THE CITY OF JONESBORO, ARKANSAS, AND FOR OTHER PURPOSES
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BE IT ORDAINED AND ENACTED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS:
SECTION 1. It shall be unlawful for any person, firm or corporation to engage in, exercise, pursue, carry on or in any other manner be interested in, the business of or enterprise of selling, giving away, distributing or otherwise disposing of premium stamps, periodical tickets, trading stamps, coupons, tickets or any similar devices wherein and whereby certain merchants, manufacturers or other persons engaged in a lawful occupation, calling or business are advertised, exploited or patronized to the exclusion of others on like terms, without first having secured a license from the Chief of Police authorizing the same.
SECTION 2. The amount of the license fee required under Section 1 of this ordinance shall be $150.00 per annum, payable in cash in advance; provided, however, that the Chief of Police may issue a license for a period of three months, in which event of the license fee shall be $50.00, which shall also be paid in cash in advance. All annual licenses issued hereunder shall expire on December 31st of the year in which the same are issued; and all quarterly licenses shall expire on the last day of March, June, September or December of the quarter for which the same are issued.
SECTION 3. The provisions of this ordinance shall not prohibit or prevent any merchant, manufacturer or other person engaged in a lawful business, a vocation or calling, from allowing, without the payment of any license fee, a discount to any customer on the payment of an account or on a cash purchase, whether such discount be given in the form of cash or in trading stamps redeemable in cash at their face value; nor shall the provisions of this ordinance prohibit or prevent the sale to retailers without the payment of any license fee, of any such stamps; nor shall the provision...
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