No retail dealer shall sell or otherwise transfer, or expose for sale or transfer, or have in his possession with intent to sell, or otherwise transfer, any pistol without being licensed as hereinafter provided.
(Acts 1936, Ex. Sess., No. 82, p. 51; Code 1940, T. 14, §180; Acts 1951, No. 784, p. 1378; Code 1975, §13-6-158.)