Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. That 174. Section 140. of Chapter 6 of the Revised Code of Delaware, 1935, as amended, be and the same is hereby further amended by striking out and repealing the first paragraph thereof and substituting and enacting in lieu thereof the following new first paragraph:
"The provisions of the last foregoing Section shall not apply to persons, associations of persons, firms or corporations engaged in the business of buying, selling and shipping grains and commercial feeds, fruits, and vegetables, poultry, coal or livestock by wholesale or by retail when in carload lots or equal quantities or when the cost value of the commodities so purchased, sold or shipped, shall exceed the sum of One Hundred Thousand ($100,000.00) Dollars during the taxable year; but all such desiring to so engage, or to continue so engaged, shall annually, on or before the first day of June, take out a license to engage in, prosecute, follow and carry on the said business and occupation, for which he, she, it or they shall pay, for the use of State, to the State Tax Department the sum of Five Dollars."