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

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2. A policy of insurance in a company authorized to do business in the State of Indiana, in the total amount of $5,000.00 for injury to or destruction of property as the result of any one accident, and a public liability policy covering accidental bodily injury, including death, to any member of the public in an amount of not less than $5,000,00, for the injury or death of any one person, and a minimum limit of not less than $10,000.00 for all public liability resulting from any one accident, which policy or policies of insurance shall insure said owner or operator, and their agents, against liability for the payment of any final judgment that may be rendered against him or them for damages to the property or persons of others or for damage for the wrongful death of others, resulting from any accident or collision, for which said owner or operator will be liable on account of any act of negligence in the operation 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 the laws of the State of Indiana by him or his agents or servants. In the absence of notice to the contrary given to the City ,G mptreller by the surety on any bond filed under Clause (1) of this Section, or the insurer under Clause (2) of this Section, such bond or policy of insurance shall be deemed in full force and effect. Each such bond and policy of insurance shall provide that the same Is given pursuant to the terms of this Ordinance. However, should such provision be omitted, it will in no way limit the liability of the surety or insurer on his bond or policy. Section 2. This ordinance shall be in full force and effect from and after its enactment and legal publication., Ist & 2nd READING CO "P;JTTEE OF THE WHOLE FUGLIC HEARING Srd READING NOT k PROVED �p REFERRED PASSED South Bend, Indiana.