Upon the granting of such license, and before the same shall have been issued, the licensee shall file with the Town Clerk a bond in the sum of $1,500, which bond shall be approved by the Mayor and Town Attorney, conditioned for the protection of the town against all losses or damages which may occur on account of such license, or the carelessness or negligence of the licensee or his, her or their employees during the time such license is in force, it being understood that a new bond shall be required for the issuance of any renewal license.
(Prior Code, § 4.06.030) (Ord. 159, passed - -; Ord. 253, passed - -; Ord. 255, passed - -)