No motor transportation company or private motor carrier shall operate any motor vehicle for the transportation of persons or property or both for hire on any public street unless:
(a) An annual tax card as required by the Public Utilities Commission of Ohio is carried in such vehicle, which card shall be current and disclose annual payment to the Commission upon the following basis:
(1) For a commercial tractor, used for transporting property: $30.00;
(2) For a motor truck transporting property: $20.00;
(b) A log book as defined and provided for under the rules of the Public Utilities Commission is carried in such motor vehicle;
(c) There is prominently displayed on the outside, on both sides of that portion of the unit furnishing power to such motor vehicle in such places as can easily be seen by any one desiring to identify the vehicle, the following information, which shall be printed in letters and figures not less than two inches in height and three eighths inches in width:
(1) Company name, location and state;
(2) Company number of vehicle;
(3) Information as to the type and number of permit required by the laws of the Public Utilities Commission of Ohio;
(d) All the rules and regulations of the Commission with regard to safety appliances required upon all equipment have been fully and adequately complied with.