Amending Section 19 of Ordinance No. 2979 Entitled "An Ordinance Regulating the Operation of Taxi-Cabs"

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ORDINANCE NO. 334 BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BRID, that Section 19 of Ordinance No, 2979 of the City of South Bend, entitled, "An Ordinance Regulating the Operation of Taxi - cabs" be amended to read as follows: Section 1. It shall be unlawful for any person, firm or corporation to operate any taxi -cabs within the City Limits of the City of South Bend, unless there is on file and approved as to form and security, either by the City Attorney or the City Gomptre er of said City, and in full force and effect: 1. A bond or bonds executed by the owner or operator of said taxi -cab as principal, and by a responsible surety company, as surety, authorized to do business under the laws of the State of Indiana, in the penal sum of not less than $5,000.00 for injury to or destruction of property as the result of any one accident, and in the penal sum of not less than $5,000.00 in the event of any public liability, in- cluding accidental bodily injury, including death to any one member of the public, and in not less than the maximum penal sum of 410,000.00 covering all persons who may be injured as the result of any one accident. Said bond shall be conditioned, among other things, to the effect that the owner or operator of said taxi -cab, or taxi -cabs, or their agents, will pay any final judgment that may be rendered against him or them for damages to the property of others, or for the bodily injury to or the death of others, resulting from accident or collision, for which said owner or operator or their agents will be liable on account of any acts of negligence in the operation of, or defective construction or condition of said taxi -cab or taxi -cabs, or which may arise or result from any violation of any of the provisions of this Ordinance, or of the laws of the State of Indiana; or - 1 - L