The Town Board may, from time to time, by resolution, establish stands at such locations upon the streets or other public places of the Town as it deems necessary for the use of taxicabs operated and driven by the persons licensed hereunder and prescribe the number of taxicabs that may occupy each such stand, provided that it shall find that such stands are required by public convenience and necessity and will not tend to create a traffic hazard.
All taxi stands may be used by any taxicab licensed hereunder and driven by any driver licensed hereunder, provided that there is a vacant space available therefor.
No vehicle, other than a taxicab duly licensed hereunder and driven by a person duly licensed hereunder, shall at any time occupy any space established as a taxi stand.