2-3-12: RENEWAL OF LICENSE:
Any licensee may renew his license at the expiration thereof, provided he is then qualified to receive a license and the premises for which such renewal license is sought are suitable for such purpose, and provided further that the renewal privilege herein provided for shall not be construed as a vested right which shall in any case prevent the President from decreasing the number of licenses to be issued within the Village. (Ord. 459, 12-21-1977)