be levied, and to pay over the same to the Treasurer of this Corporation, for its use and benefit, once in every three Months; and in accounting for such duties, it shall also be incumbent on said City Auctioneer or Auctioneers to make his or their return under the solemn sanction of an Oath or affirmation, and to exhibit to the Treasurer aforesaid whenever required by him, the Books of Sales of such Auctioneer or Auctioneers, in order to enable the Treasurer to ascertain the correctness of the returns aforesaid; and in case any auctioneer shall fail strictly to perform the duties hereby imposed on him, or to account accurately for and pay over, as above prescribed, the Revenue payable to this Corporation on Sales at Auction by him, or to exhibit his Books, as aforesaid, he shall forfeit his office, and be moreover, liable to a penalty of fifty Dollars, and to a further penalty of fifteen Dollars for every two days which shall elapse after a default shall be made in the payment of the said duties, or in rendering his returns, or in exhibiting his Books, agreeable to this Section, until he shall comply with the directions it contains; and all penalties accruing under it shall be for the Sole use and benefit of this Corporation.
Sec. 8. That in case any Person or Persons who shall have become the surety or sureties for the faithful performace of the duties of any City Auctioneer shall die, remove from the City of , or become Insolvent, the Mayor shall and he is hereby Authorized and empowered, to demand other satisfactory security or securities for the due performance of such duties; and in case such satisfactory security or securities shall not be given within eight days, the appointment of said Auctioneer shall thenceforth become, and is hereby declared to be null and void, to all intents and purposes as if the same had never been granted; and whenever the Mayor shall have been informed that the said Auctioneeer shall have so failed [p. 92]