Electrical licenses shall grant the holder thereof the right and privilege to engage in the business of electrical wiring within the town, subject to the provisions of this chapter, for a period of one year and will be issued upon the giving of the bond required and the payment of the annual license fee of $5 payable in advance; and before any license is granted, the person applying for the same shall have an electrical license issued by the state, provided all licenses shall expire on the first day of January following their issuance.
(`85 Code, § 20-107)