The police chief may at any time revoke any license issued under the provisions hereof for any breach of the terms and conditions thereof or the violation of any statute relating thereto, and from the time of notice of any revocation given to the person to whom such license was issued, any act done under color of such license shall subject the person doing or suffering it to be done to the same penalty as if he had done such act without such license.
('66 Code, § 7-6)