The violation of any provision of this law or valid rules and regulations promulgated hereunder shall constitute a misdemeanor and shall be punishable by fine of not less than $50 for the first offense and for each subsequent offense shall be punished by a fine of not less than $500 or imprisonment in jail not less than thirty days, or both such fine and imprisonment in the discretion of the court or jury.

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Code 1950, § 61-160; 1950, p. 67; 1968, c. 69.