A.    Every person who for two years immediately preceding application for a license under this chapter who has operated, managed or maintained a place of business in the city where goods, wares, merchandise or other personal property have been regularly sold, shall pay an auctioneer's license fee of twenty dollars per day, payable in advance.

    B.    All other auctioneer's license fees shall be of the following two classes:

    1.    The first class shall be a daily license only, and the license fee shall be one hundred and fifty dollars per day, payable in advance.

    2.    The second class shall be a yearly license, and the license fee shall be one thousand dollars, payable in advance. (Prior code § 3-5)