§ 8-2-17-4 — Recognizance by licensee

Before the license is granted, the applicant shall
enter into a recognizance to the city or town, in a penal sum to be fixed
by the legislative body, not less than five hundred dollars ($500) nor
more than two thousand dollars ($2,000), with sufficient surety,
conditioned faithfully to keep, maintain, and operate the ferry with
good and sufficient boats and landing places for the safe conveyance
of persons and property, a sufficient number of hands to work and
manage the boats, together with sufficient implements and appliances
for the ferry, in compliance with the rules for operation, on the
schedule fixed by the legislative body and at rates of ferriage that the
legislative body shall from time to time fix. The bond shall be kept on
file with the city or town clerk.
Formerly: Acts 1921, c.137, s.4; Acts 1959, c.235, s.4. As
amended by P.L.8-1989, SEC.45.