(A) No owner shall conduct or engage in the business of operating any of the vehicles defined in § 116.01 without having first obtained a permit from the city pursuant to this chapter. In addition to the requirements specified in or imposed under this chapter, each application for any such permit shall state the name and residence address of each and every person interested in the ownership, operation or control of any vehicles for which such permit is desired, together with the number of each such vehicle, the make thereof, its capacity and the address of the place of business of such applicant. The application shall contain the name, color scheme, insignia or other design to be used upon such vehicle. Also, the application shall set forth the schedule of rates.
(`67 Code, § 3-10-2)
(B) The permits herein mentioned shall entitle the holder thereof to obtain a license to engage in the business described in the permit from the City Clerk upon payment in advance of the $50 and the license fee prescribed in Chapter 110 of this Code and the City Clerk shall issue to the holder of such permit a license setting forth the kind of transportation for which such license is issued and the period for which the same shall be effective.
(`67 Code, § 3-10-5)