Before any license, as provided by Section 5.56.020, shall be issued for engaging in a transient or itinerant business, as defined in Section 5.56.010, in the city, the applicant shall file with the city manager, a bond running to the city in the sum of five thousand dollars executed by the applicant as principal and two sureties upon which service of process may be made in the state, such bond to be approved by the city manager, conditioned that the applicant shall comply fully with all the provisions of this code and the statutes of the state regulating and concerning the sale of goods, wares and merchandise and will pay all judgments rendered against the applicant for any violation of this code or statutes or any of them together with all judgments and costs that may be recovered against him by any person for damage growing out of any misrepresentation or deception practiced on any person transacting such business with such applicant, whether such misrepresentations or deceptions were made or practiced by the owners or by their servants, agents or employees, either at the time of making the sale or through any advertisement of any character whatsoever, printed or circulated with reference to the goods, wares and merchandise sold or any part thereof. Action on the bond may be brought in the name of the city to the use of the aggrieved person. Such bond must be approved by the city manager, both as to form and as to the responsibility of the sureties thereon. (Ord. 314 Exh. A (part), 1982: prior code § 24-2-7)