(A) No license shall be issued unless the sworn statement, filed as provided in § 112.04 herein, clearly discloses that the applicant is financially solvent.
(B) No license shall be granted to any person, firm, or corporation to operate any taxicab unless said person, persons, firm, partnership, or corporation has a permanent office from which to control and regulate the operation of such taxicabs.
('74 Code, § 112.06) (Ord. 1476, passed 2-15-60)