Officers not to engage in certain transaction.
Section 7
SEC. 7. Officers not to engage in certain transaction.— No city officers or employee shall be directly or indirectly interested in any city contract work, or in any business transaction with the city whereby money is to be paid directly or indirectly out of the revenues of the city to such person, or in any games and amusements licensed by the city or in any business of the city, or in the purchase of any real estate or any other property belonging to the city.