Section 20-294. Fee; bond

a. Prior to the issuance of a laundry license,
  each applicant therefor shall pay a biennial fee and furnish a  bond  to
  the  commissioner  in  such  amounts  as  are indicated in the following
  schedule, depending on the number of persons employed by such applicant:
 
  ========================================================================
                                                      Biennial     Amount
                  Number of employees                License fee  of bonds
  ------------------------------------------------------------------------
  Five or fewer....................................... $ 340.00    $500.00
  Between six and ten.................................   490.00     500.00
  Between eleven and twenty-five......................   740.00     500.00
  Between twenty-six and fifty........................  1240.00   1,500.00
  Between fifty-one and seventy-five..................  1740.00   2,500.00
  Between seventy-six and one hundred.................  1990.00   3,000.00
  Between one hundred one and one hundred twenty-five.  2240.00   3,000.00
  One hundred twenty-six or more......................  2740.00   5,000.00
  ========================================================================
 
    b.  Any  person  dealing  in  laundry  services  as   an   independent
  contractor,  jobber  or  as  an agent-driver, shall be required to pay a
  biennial fee of three hundred forty dollars and furnish a bond  of  five
  hundred dollars.
    c.  Such  bonds shall be executed with two or more sureties, or a duly
  authorized surety company approved by the commissioner, shall be payable
  to the people of the city, and shall be conditioned for compliance  with
  the  provisions  of this subchapter, and upon the further condition that
  the licensee will pay to the city any fine, penalty or other  obligation
  within thirty days of its imposition, or any final judgment recovered by
  any  person  dealing  or  trading  with  such  licensee  for the loss or
  conversion of a laundry bundle or any part thereof, within  thirty  days
  from the entry and filing of such judgment.