§ 5-1-1. Inventory to be filed; license required.

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It shall be unlawful for any person to advertise or conduct any sale of goods, wares or merchandise that is represented as a bankrupt, insolvent, assignee's, adjuster's, trustee's, executor's, administrator's, receiver's, wholesale jobber's, manufacturer's, closing-out, liquidation, closing stock, fire or water damage, or auction sale, or any other sale which is by representation or advertisement intended to lead the public to believe that the person conducting such sale is selling out or closing out the wares or merchandise of any business in the City, without first filing with the city secretary the inventory provided for in Section 5-1-2 of this Chapter and obtaining from him a license so to do, to be known as a "closing-out sale license."

(Ord. of 3-23-1934)

State law reference

Authority found in V.T.C.A., Local Government Code § 215.075.

Charter reference

Authority found in art. III, § 28.

                    
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