A. Upon receipt of such application, the same shall be referred to the Chief of Police who shall cause such investigation of the applicant’s business and moral character to be made as he deems necessary for the protection of the public good, and who shall make a report thereof to the City Recorder within a period of thirty days from the date of the filing of the application.

B. If, as a result of such an investigation, the applicant’s character or business responsibility is found to be unsatisfactory, the Chief of Police shall endorse on the application his disapproval and his reasons for the same, and return such application to the City Recorder who shall notify the applicant that his application is disapproved and that no permit and license shall be issued.

C. If, as a result of such an investigation, the character and business responsibility of the applicant are found to be satisfactory, the Chief of Police shall endorse on the application his approval, execute a permit addressed to the applicant for the carrying on of the business applied for and return the permit, together with the application to the City Recorder, who shall, upon payment of the prescribed license fee, deliver to the applicant his permit and issue a license. Such license shall contain the signature of the issuing officer and shall show the name and address of the licensee, the type of or class of license issued, the kind of goods to be sold or the services to be performed there under, the amount of fee paid, the date of issuance and the length of time the same shall be operative, as well as the license number and other information identifying the description of any vehicle used in such peddling. The City Recorder shall keep a permit record of all licenses issued.

D. If any applicant for a permit and license is unwilling to receive a license only upon the conclusion of a thirty-day period of investigation as provided in this section, and he desires the issuance of a license immediately upon application for such permit, he may deposit with the City Recorder a cash or good and sufficient surety bond in the sum of one thousand dollars conditioned upon the making of final delivery of the goods ordered or services to be performed in accordance with the terms of such order or failing therein, that the advanced payment of such order be refunded. Thereupon such license or licenses may immediately be issued. Any person aggrieved by the action of any peddler or solicitor shall have a right of action on the bond for the recovery of money or damages or both. Such bond shall remain on deposit for a period of six months after the expiration of such license, unless sooner released by the City Council.