No autobus or automobile for hire, commonly
called a "jitney," heretofore licensed to operate in the Township
of Carneys Point, County of Salem, State of New Jersey, shall operate
on the streets or roads of the Township of Carneys Point unless, within
30 days after the adoption of this chapter, the owner or owners thereof
shall file with the Township Clerk an insurance policy of a company
duly licensed to transact business under the insurance laws of the
State of New Jersey, in the sum of $5,000, against loss from the liability
imposed by law upon the autobus owner for damages on account of bodily
injury or death suffered by any person or persons as a result of an
accident occurring by reason of the ownership, maintenance or use
of such autobus upon the public streets or roads of said Township.
Such insurance policy shall provide for the payment of any final judgment
recovered by any person on account of the ownership, maintenance and
use of such autobus, or any fault in respect thereto, and shall be
for the benefit of every person suffering loss, damage or injury as
aforesaid; provided, further, that a power of attorney shall be executed
and delivered to such fiscal officer concurrently with the filing
of the policy hereinbefore referred to, wherein and whereby said owner
shall nominate, constitute and appoint such fiscal officer as his
true and lawful attorney for the purpose of acknowledging service
of any process out of a court of competent jurisdiction to be served
against the insured by virtue of the indemnity granted under the insurance
policy filed.
No new license to operate a jitney in the Township of Carneys Point, County of Salem, State of New Jersey, shall be granted until an insurance policy as provided for in §
123-1 hereof shall be first filed with the Township Clerk.
[Amended 5-20-1985 by Ord. No. 393]
Any person now holding a license for the operating
of a jitney in the Township of Carneys Point who shall continue to
operate after 30 days have elapsed after the adoption of this chapter,
who fails or refuses to file the bond as herein prescribed or any
other person who shall operate a jitney without having first obtained
a license of the Township of Carneys Point or has failed to file the
said bond shall forfeit and pay for such neglect or refusal the sum
of $1,000 or be imprisoned for a term not exceeding 90 days, or both,
for each offense, to be recoverable by action in the name of the Township
of Carneys Point in any court of competent jurisdiction and, when
collected, paid into the Township treasury.