Every license issued under this chapter shall set forth the name of the person to whom issued and the location by street and number of the premises where the business is to be carried on under such license. If it is a partnership, it shall set forth the names of the persons conducting the business. Such license shall be signed by the licensee and shall be nontransferable; provided however, that a transfer of any such license may be made on application to the council, accompanied by satisfactory evidence of the consent of the Montana liquor control board to such transfer of the license by it issued under the act. Such license shall be posted in a conspicuous place on the premises in respect to which it is issued and shall be exhibited to any member of the police department of this city whenever the same is requested. Every license issued under the provisions of this chapter is separate and distinct and no person, except the licensee therein named shall exercise any of the privileges granted thereunder, and all licenses are applicable only to the premises in respect to which they are issued as the word "premises" is defined herein. It is expressly made unlawful for any licensee to operate more than one bar or any arrangement or device from which liquor is dispensed and/or served and it is required that a separate license be procured for each bar or any arrangement or device from which liquor is dispensed and/or served. (Ord. 50, 4-23-1937)