On and after the year 1943, household furniture and effects held for the household use of the owner or members of his family, and not held or employed for purposes of profit or in connection with any business, profession, or occupation, shall be exempt from assessment and taxation. City Code, 1950, art. 37, §49 1966, art. 28, §72 1976/83, art. 28, §32 Ord. 41-563