Chambers v. Cincinnati

Citations

• 21 Ohio C.C. Dec. 8

Syllabus

<p>BROKERS — MUNICIPAL CORPORATIONS.</p> <p>Ordinance Licensing and Regulating Chattel Mortgage and Salary Loan Brokers, Held Valid.</p> <p>An ordinance “to regulate and license chattel mortgage and salary loan' Brokers,” requiring such brokers to secure a license before engaging in the business and fixing a license fee of $250, is not unreasonable; nor is it invalid in that it requires records of the names of pledgors severally, amount of loan, rate of interest charged, date when payable, and description of the articles pledged, and the filing of such record in the city auditor’s office for inspecion by the mayor and chief of police; but a provision requiring signature of the application for a loan by the wife of a married pledgor is of no effect.</p> <p>[Syllabus approved by the court.]</p>