(a) No person, firm or corporation shall operate or cause to be operated a taxicab or proffer the services of any vehicle as a taxicab unless the owner of such vehicle shall have obtained a taxicab license as herein provided covering such vehicle.
(b) Every such taxicab license shall expire on the 31st day of December for the year in which issued. Licenses issued on or after July first of any year shall be issued at one-half the annual license fee herein provided.
(c) The annual license fee for each taxicab shall be ten dollars ($10.00).