As used in this article, the following terms shall have the meanings
indicated in N.J.S.A. 48:16-23, as amended and supplemented: "autocab," "person"
and "street."
The applicable provisions of N.J.S.A. 48:16-23 to 48:16-28, both inclusive,
as amended and supplemented, shall be complied with in the licensing and regulating
of autocabs in this article.
License fees, to cover the administrative costs associated with processing
the application, in the following amounts shall be paid to the Clerk, who
shall deliver the same to the Treasurer. The annual license fees for owners
and drivers shall be $80 and $17, respectively.
No license shall be issued by the Borough Clerk unless the applicant
has filed an insurance policy with the Clerk in accordance with the requirements
of N.J.S.A. 48:16-24.
The owner of the autocab shall execute and deliver to the Borough Clerk
a power of attorney, wherein and whereby the owner shall appoint the Chief
Financial Officer of the municipality 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 or bond filed pursuant to N.J.S.A. 48:16-24.
Every owner's or operator's license granted hereunder may be suspended or revoked by the Borough Council, after notice and hearing, for the violation of any of the provisions of this article or of the statutory provisions incorporated in §
246-20 hereof or for other good and sufficient cause. During said suspension and after revocation, the license shall be inoperative and of no effect and the license shall be surrendered to the Borough forthwith, along with the badge supplied by the Borough pursuant to §
246-28 hereof.