§ 227-6. Responsibilities.

A. 

Entries to be made in book. Every pawnbroker or collateral loan broker shall keep a book in which shall be legibly written, at the time of such loan, an account and description of the goods, articles or things pawned or pledged, the amount of money loaned thereon, the time of the pledging the same, the rate of interest to be paid on said loan and the name and residence of the person pawning or pledging the said goods, articles or things.

B. 

Memorandum to be given. Every pawnbroker or collateral loan broker shall, at the time of each loan, deliver to the person pawning or pledging any goods, articles or things a memorandum or note signed by him containing the substance of the entry required to be made in his book by this section, and no charge shall be made or received by any pawnbroker or collateral loan broker for any such entry, memorandum or note. The holder of such memorandum or note shall be presumed to be the person entitled to redeem the pledge, and the pawnbroker or collateral loan broker shall deliver such article to the person so presenting such memorandum or note on payment of principal and interest. Should such ticket be lost or mislaid, the pawner shall at once apply to the pawnbroker or collateral loan broker, in which case it shall be the duty of the pawnbroker or collateral loan broker to permit such person to examine his books and on finding the entry for said ticket, note or memorandum so lost, and upon his giving to the pawnbroker or collateral loan broker an exact description of the article pawned, the pawnbroker or collateral loan broker shall issue a second or stop ticket for the same. In case such pawner neglects to so apply and examine said books and receive such memorandum or note in the manner above-stated, the pawnbroker or collateral loan broker will be bound to deliver the pledge to any person producing such ticket for the redemption thereof. This section is not to be construed as in any manner limiting or affecting such pawnbroker's or collateral loan broker's common law liability in cases where goods are stolen or other legal defects of title exist in the pledger.