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Every applicant shall file with the Clerk- Treasurer a surety bond, running to the city in the amount of $1,000 with surety acceptable to and approved by the Mayor, conditioned that the applicant shall comply fully with all the provisions of the ordinances of the city and the state statutes regulating and concerning the business of a peddler and guaranteeing to any citizen of the city that all money paid as down payment will be accounted for and applied to the representations of the peddler and further guaranteeing to any citizen of the city doing business with the peddler that the property purchased will be delivered according to the representations of the peddler. Action on such bond may be brought in the name of the city to the use or benefit of the aggrieved person.
(Prior Code, § 115.05) (Ord. 2015-9, passed 7-7-2015)