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The Tax Commissioner, upon issuance of a license to operate a temporary store, shall immediately demand payment of the license fee therefor or, in lieu thereof, shall require the owner or operator thereof to furnish, or cause to be furnished, a good and sufficient bond in the sum of two hundred dollars ($200. 00), payable to the City, with surety satisfactory to the Tax Commissioner and conditioned upon the continuation in business of such owner or operator at the address indicated thereon for a period of 120 days or more after the opening of such business. It is the intended purpose oil this section to secure for the City full and adequate assurance that the operator of any store which may, in fact, prove to be a temporary store shall pay directly or indirectly, through his surety, the license fee provided in Section 876.02.
(1969 Code Sec. 110.10)