HomeMy WebLinkAbout8529ORDINANCE 110. 8529.
AN ORDINA -NCE AMENDING SECTION 6 OF ORDINANCE
NO. 6972 BY REQUIRING LIABILITY INSURANCE IN
CERTAIN SPECIFIED AMOUNTS ACCORDING TO THE CA{
PACITY OF THE VEHICLEi REQUIRING THAT AN ENDOR-
SEMENT BE ATTACHED TO EACH POLICY REQUIRING THAT
THE POLICY OF INSURANCE BE FILED viITH THE CITY
COLLECTOR; A u`D FOR OTHER PURPOSES
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. That Section 6 of Ordinance No. 6972, passed April 8, 1946,
be and the sane is hereby amended to read as follows;
No permit shall be issued to any person, firm, or corporation to operate
or permit the operation of any motor - driven vehicle engaged in the business of or
operated as a common carrier over the streets of the City of Little Rock, until
and unless there has been filed in the office of the City Collector a Public Lia-
bility and Property Damage insurance policy issued by a company licensed to trans-
act business within the State of Arkansas with the following endorsement therein:
ENDORSEMENT
In consideration of the premium stated in the policy to which this endor-
sement is attached, the Company hereby waives a description of the motor vehicles
to be insured hereunder, and agrees to pay any final judgment for personal injury,
Including death resulting therefrom and or damage to property of others (excluding
injury to or death of the insured's employees while engaged in the course of their
employment, and loss of or('damage to property of the insured and property transpor-
ted by the insured, designated as cargo) caused by any and all motor vehicles opera-
ted by the assured whether listed in the original schedule of motor vehicles filed
with the original application or whether to be an additional, substitute or emergency
vehicle operated under any certificate, license, or permit by any order or rules of
the Arkansas Public Service Commission within the limits of the schedules hereinafter
set out, and further agrees that upon its failure to pay such final judgment, such
judgment creditor may maintain an action in any court of competent jurisdiction to
compel such payment. Nothing contained in the policy or any endorsement thereon,
nor the violation of any of the provisions thereof, by the assured, shall relieve
the company from the liability hereunder or from the payment of such judgment.
The liability of the company shall be the damages sustained to persons or
property within the limits of the schedule set out below, except that the insured may
file a policy with the limits of the liability greater than the minimum as set out in
the schedule.
- 2 -
The liability of the company on each motor vehicle for the following
limits shall be a continuing one notwithstanding any recovery hereunder.
SCHEDULE OF MINIMUM LIMITS
On each motor vehicle used in the transportation of persons, having a
seating capacity of twelve passengers or less, not to exceed;
$5,000.00 for bodily injuries to or death of one person.
$10,000.00 for bodily injuries to or death of all persons injured or
killed in any one accident (subject to a maximum of $5,000.00 for bodily injury to
or death of one person.)
X1,000.00 for loss or damage in any one accident to property of others.
On each motor vehicle used in the transportation of persons, having a
seating capacity of thirteen to twenty passengers, inclusive, not to exceed;
45,000.00 for bodily injuries to or death of one person.
$20,000.00 for bodily injuries to or death of all parsons injured or
killed in any one accident (subject to a maximum of $5,000.00 for bodily injury ma to
or death of one person.)
$1,000.00 for loss or damage in any one accident to property of others.
On each motor vehicle used in the transportation of passengers, having a
passenger capacity of twenty -one to thirty, includi -ve, not to exceed:
05,000.00 for bodily injuries to or death of one person.
00,000.00 for bodily injuries to or death of all persons, injured or
killed in any one accident (subject to a maximum of $5,000.00 for bodily injury to
or death of one person.)
$1,000.00 for loss or damage in any one accident to property of others.
On each motor vehicle used in the transportation of passengers, having a
passenger capacity of thirty -one passengers or over, not to exceed:
$5,000.00 for bodily injuries to cr death of one person.
440,000.00 for bodily injuries to or death of all persons injured or
killed in any one accident (subject to a maximum of 45,000.00 for bodily injury to or
death of one person).
$1,000.00 for loss or damage in any one accident to property of others.
The policy to which this endorsement is attached shall not expire, nor shall
cancellation take effect until after THIRTY (30) DAYS notice in writing, by the Company,
small have first been given to said City Collector, and THIRTY (30) DAYS notice to
commence to run from the date notice is actually received by the City Collector.
- 3 -
SECTION 2. The provisions of this ordinance do not apply to taxicabs,
the insurance certificates of which are required to be filed with the Commissioner
of State Revenues pursuant to the provisions of Act No. 385 of the Acts of Arkansas.
for 1949.
SECTION 3. All ordinances and parts of ordinances in conflict herewith
are hereby repealed, and unless the provisions of this ordinance are placed into
effect imnwdiately the safety of the citizens of the City of Little Rock, Arkansas,
will be adversely affected, therefore an em- rgenoy is hereby declared to exist and
this ordinance will be in effect from and after its passage and approval.
PASSED: November 27, 1950.
ATTEST.-
CITY CLERK
APPROVED:
IAA YCR