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• <br /> May be, at which time he shall also cause the applicant to re- <br /> gister in the office of the Inspector, his name, place of business , <br /> residence, license number, date of examination, and to what <br /> capacity licensed. In the Case of a firm or corporation applying <br /> for "Gas Installation" license the examination of one member of <br /> the firm or an executive of the corporation shall fulfill the <br /> requirements of this section of this ordinance. - <br /> SECTION 8 - LICENSE FEES AND PERFORMANCE <br /> BOND <br /> 1. LICENSES; The annual fee for a "Gas Installation" <br /> license shall be Fifty Dollars (550.00) for the first year and <br /> Twelve Dollars and Fifty Cents ($12.50) per year thereafter for <br /> renewal, provided that a 10% penalty will be added per month for <br /> renewal after February 1 each year. <br /> The annual fee for a "Gas Fitter's" license shall be Five <br /> Dollars ($5.00) for the first year and Three Dollars ($3.00) per <br /> year thereafter for renewal, provided that, a 10% penalty will be <br /> added per month for renewal after February 1 each year. <br /> All licenses controlled or issued under authority of this <br /> ordinance shall expire December 31st. Unless suspended or revoked <br /> licenses shall continue in force from January 1 to December 31 of <br /> the same year, and shall not be transferable. <br /> 2. PERFORMANCE BOND: An applicant for a "Gas Installa- <br /> tion" license, prior to its receipt, shall furnish a performance <br /> bond in the sum of Three Thousand Dollars ($ /,O'O.00 ), <br /> acceptable to the Commissioner of Public Works. All bonds shall <br /> expire on January 1st of each year. <br /> SECTION 9 - LICENSE--NOT TRANSFERRABLE <br /> No person, firm or corporation shall lend his or their <br /> "Gas Fitter's" license or his or their "Gas Installation" license o <br /> any other person, nor shall any such licensed person, firm or corp <br /> oration apply for a permit in his or their name for the use of any <br /> other person, and any such licensed person, firm or corporation so <br /> doing or refusing to comply with any other requirement of this ord n- <br /> ance shall have his or their licensed suspended or revoked by the sit <br /> -7- <br />