Every taxicab owner's license granted for each taxicab shall expire on December 31 next succeeding the date of issuance thereof, unless sooner suspended or revoked by the governing body of the Borough of Riverdale. The annual fee for such license shall be the sum of $50.
No application for a taxicab owner's license shall be considered unless the contents of the same shall have been verified by an affidavit annexed thereto of the individual, a copartner of the copartnership or an officer of the corporation seeking the license.
Every such licensee of a taxicab must be:
A. 
A person who is a citizen of the United States, over the age of 21 years, and who shall have been a bona fide resident of the State of New Jersey for at least one year immediately prior to the date of the application for such license, and who has never been convicted of a crime involving moral turpitude.
B. 
A copartnership, each of the members thereof a citizen of the United States and each of the members of which shall have been a bona fide resident of the State of New Jersey for at least one year immediately prior to the date of application for such license, and who has never been convicted of a crime involving moral turpitude.
C. 
A corporation, each of the officers and stockholders thereof a citizen of the United States and each of the officers and stockholders of which shall have been a bona fide resident of the State of New Jersey for at least one year prior to the date of the application for such license, and who has never been convicted of a crime involving moral turpitude.
All applications for a taxicab owner's license shall be made by the owner, lessee or bailee thereof, and every said application shall set forth therein the name and type of vehicle for which said license is desired, the length of time said vehicle has been in use, the number of persons said vehicle is suitable for carrying, the motor number and serial number of said vehicle, and also:
A. 
If the owner, lessee or bailee of said vehicle is an individual, the full name and place of residence of the applicant and the length of time during which he has resided in the State of New Jersey; his place of birth; whether he is a citizen of the United States; the names and addresses of all employers by whom and all of the places of employment in which he has been employed during the period of 5 years immediately prior to the date of said application; his marital status; whether he has been charged, arrested for or convicted of any crime or other violation; whether he has been previously licensed to operate a taxicab, and if so, when and where; and whether any license for the operation of a taxicab previously issued to him has been suspended or revoked, and if so, for what cause.
B. 
If the owner, lessee or bailee of said vehicle is a copartnership, the firm name and the location of its main office and any branch offices. Each partner shall submit all of the personal information required under Subsection A.
C. 
If the owner, lessee or bailee of said vehicle is a corporation, the corporate name and the location of the main office and any branch offices. Each of the officers and stockholders shall submit all of the personal information required under Subsection A.
No vehicle covered by the terms of this chapter shall be licensed until it has been carefully inspected by the Police Department of said Borough and found to be in a thoroughly safe, clean and fit condition for the transportation of passengers. Taxicabs shall be clearly marked with the word "taxi" on the roof, which sign shall be illuminated.
The governing body of the Borough of Riverdale may refuse to approve a taxicab owner's license for, or, if already issued, may suspend or revoke the license of, any said vehicle found to be unsafe or unfit for the transportation of passengers. The governing body of the Borough of Riverdale is hereby authorized and empowered to establish reasonable rules and regulations in respect to the construction and condition of fitness of taxicabs for the safe, proper and adequate transportation of passengers, and to enforce any such rule or regulation by suspension or revocation of licenses.
No taxicab owner's license to operate a taxicab shall be issued by the Borough Clerk until the application has been approved by the governing body of the Borough of Riverdale.
If, upon inspection, a taxicab is found to be in a safe, proper and fit condition for the transportation of passengers and to conform to the provisions of this chapter and to the rules and regulations established hereunder, and upon approval of the governing body of this Borough and upon payment of the proper license fee, said taxicab shall be licensed by the delivery by the Borough Clerk to the applicant therefor of a card in such form as may be prescribed by the governing body of this Borough. Such card shall set forth the location of the public taxicab stand to be used by said vehicle, if any stand has been assigned for the use thereof, and the name of the owner of said vehicle. Such card shall also contain the maximum rates of fare established by this chapter. Said card shall be conspicuously displayed within said taxicab.
The governing body of the Borough of Riverdale shall have the power to approve or refuse the issuance of any of the licenses mentioned in this chapter. A taxicab owner's license may be transferred to another vehicle owned by the licensee upon approval thereof by the governing body of the Borough of Riverdale, after inspection thereof has been made. Such transfer shall be limited to equipment that is replaced. Such transfer shall be made by filing a notice with the Borough Clerk for approval of the governing body at its next meeting, and the licensee shall have the right to temporarily operate the replaced equipment until such next meeting of said governing body.
It shall be unlawful for the owner, lessee and/or bailee of any taxicab to operate or cause or permit the operation of said taxicab, nor shall any taxicab owner's license for said taxicab be issued or permitted to be in effect, until and unless said owner, lessee or bailee shall have fully complied and shall continue to comply with all of the rules of the State of New Jersey in respect to such vehicle and the operation thereof.
Any taxicab owner's license granted under the provisions of this chapter may be suspended or revoked at any time by the governing body of the Borough of Riverdale if the vehicle for which said license shall have been granted shall be used for any improper, unlawful or illegal business or purpose, if said vehicle shall not be kept in a clean, safe and proper condition for the transportation of the passengers, if said vehicle shall not be kept in conformity with the terms of this chapter or the laws of the State of New Jersey, or for any violation of any of the provisions of said rules or regulations established by said governing body of the Borough of Riverdale.