If an owner sells or transfers title to a vehicle for which a certificate has been issued, or in event an ambulance for which a certificate has been issued has been destroyed, he is entitled, as a matter of right, upon written application to the City Council made within 15 days after such sale, transfer or destruction, to have a new certificate issued, but for no greater number than sold, transferred or destroyed; and provided, that such owner has complied with all the provisions of this chapter.
('61 Code, § 2A.10) (Ord. 360, passed - - )