Section 440-B. Licenses in Putnam county

On and after the first day of
  July,  nineteen  hundred  thirty-four,  no  person,   copartnership   or
  corporation  shall engage in or follow the business or occupation of, or
  hold himself or itself out temporarily or otherwise  as  a  real  estate
  broker  or  real  estate salesman in the county of Putnam, without first
  procuring a license therefor as provided in this  article,  except  that
  such  license  in  such  county shall be granted and issued, without the
  written examination provided in this article, to a person, copartnership
  or corporation who was engaged in business as a real  estate  broker  or
  real  estate  salesman in such county prior to the first day of January,
  nineteen hundred thirty-four.