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54014 o ORDINANCE NO. 5 1. AN ORDINANCE DECLAZ NG THE OWNING, OPERATING AND/OR MANAG- ING OF RADIO BROADCASTING STATIONS WITHIN THE CITY OF LITTLE ROCK,, ARKANSAS A PRIVILEGE•, LEVYING A PRIVILEGE TAX THERE - FOR; PRESCRIBING A PENALTY FOR FAILURE TO PAY SAME; AND FOR OTHER PURPOSES BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROC[, ARKANSAS SECTION 1. From and after the passage and approval of this ordinance the business of owning, operating and /or managing of a radio broadcasting station, within the City of Little Rock, is hereby declared to be a privilege and an annual privilege tax in the sum of One Frei dollars is hereby levied. Said tax shall be payable on or before January 1st of each year and shall be for the calendar year. The first such tax hereunder shall be due and payable the first of January 1937. Any person, firm or corporation failing to pay said tax shall be deemed guilty of a misdemeanor and upon conviction thereof shall be fined in any sum not less than Twenty -five ($20.00) nor more than One Hundred ($100.00) Dollars, and in addition thereto shall be required to pay the tax; and each 1day that said violation shall continue shall be a separate offense. Pasaed: December 211, 1936 Attest •' ty Clerk. t Approved:/,f Mayor.