All licenses shall terminate on January 1 annually, but the holder of a license can at any time between that time and the January 30 take out a new license without being subject to penalty. City Code, 1893, art. 8, §30 1927, art. 4, §119 1950, art. 38, §51 1966, art. 31, §66 1976/83, art. 15, §33 Ord. 1891-022 Ord. 66-887 Ord. 75-881