1428 LICENSES [ART. 56

shall be deemed and taken to be a broker; but no person
having a license himself shall be obliged to pay a license for
the clerks or agents employed by him.

1888, art. 56, sec. 21. 1860, art. 56, sec. 14. 1841, ch. 282, sec. 4.

18. If any person who has obtained such license shall die or
shall remove from and cease to use and exercise the business of
a broker thereunder in the county or city therein named before
the expiration of the term therein specified, the benefit of said
license for the unexpired term shall inure to and be continued
in his legal representative or assignee upon application to the
proper clerk for that purpose, accompanied by the oath of the
party applying, made before a judge of a court of record and
endorsed on said license that the party or parties to whom said
license was originally granted is or are deceased, or has or have
removed from and ceased to use or exercise the said business
in the county or city named in said license.

Ibid, sec. 22. 1860, art. 56, sec. 15. 1841, ch. 282, sec 4.

19. Upon said application and affidavit the clerk shall, by
his endorsement on said license, authorize such legal represent-
ative or assignee to use or exercise the business of such broker
for the unexpired term in said license named.

Ibid. sec. 23. 1860, art. 56, sec. 16. 1841, ch. 282, sec. 4.

20. No individual, copartnership or firm, legal representa-
tive or assignee shall use or occupy at the same time more
than one office or place of business for the transaction of his
or their business, but any individual, copartnership or firm
may bold at the same time a license as a stockbroker, a license
as an exchange broker, and a license as a bill broker upon
paying to the clerk the several sums herein prescribed for a
license therefor.

Ibid. sec. 24. 1860, art. 56, sec. 17. 1841, ch. 282, sec. 5. 1862, ch. 144.
1868, ch. 209. 1868, ch. 448. 1874, ch. 256. 1878, ch. 270.

21. If any individual, copartnership or firm shall use or
exercise the business or occupation of a stock broker, or an
exchange broker, or a bill broker, or a pawn broker, or a mer-
chandise broker, or a real estate broker, or an insurance broker,
or a grain broker, without having procured a license as required
by this article, he shall be subject to a penalty of five hundred
dollars for each offense, one-half for the use of the State, and
the other half to the informer.