Every permittee under this article shall pay into the city treasury an annual license fee of $30 for the first taxicab and $15 for each additional taxicab owned or leased by the same person, and no taxicab permit issued under the provisions of this article shall be valid until the Director of Finance shall endorse thereon an acknowledgment of the payment of the license fee for the current year.
(`61 Code, § 22.19) (Ord. 303, passed 4-17-1956)