Such bonds shall be payable to the City for the use and benefit of persons intended to be protected thereby and, unless otherwise provided, shall be conditioned on the payment of any damage to public or private property and the payment for any personal injuries or damages or losses resulting from any malfeasance, misfeasance or nonfeasance or negligence in connection with any of the activiites or conditions for which the license or permit applied for is granted. The Licensing Officer or other proper officer concerned may require corporate sureties on such bonds.
(1961 Code Sec. 701.16)
(1961 Code Sec. 701.16)