The extent of the liability of the insurer or sureties shall be, as to any one licensed public vehicle the sum of $50,000, on account of injuries to, or death of, any one person in any one accident, and subject to such limit as respects injury to, or death of, one person, $100,000 on account of any one accident resulting in injury to or death of more than one person, and $1,000 on account of damage to property in any one accident.
(1995 Code, § 117.07) (Ord. 14-1947, passed 2-10-1947)