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e e e the number of months for which the permit is issued. Each per- mittee shall file with the City Clerk a statement in ~~iting under oath sip;ned b"T him, showing the make, model, motor number and state license number of each taxicab. If at any time the holder e of a taxioab permit shall desire to use any additional vehioles under the per~it he may do so only after he has made eyplioation to the City Commission for a permit to operate such additional vehioles and has had his a9plioation for suoh permit granted,and he shall furnish to the City Clerk the same information regarding suoh additional vehioles as is required in this seotion regarding those covered b~T the original permit, and shall pay to the City Clerk the fee ~s herein 9rovided. Seotion 7a. Each operator of a taxi cab busine ss holding a per- mit ShE.ll make 8.n.-9: file. an. ~~!..i_t,",!m,~.!1~~~t~n.~,~,",}~l~~..,...Q( e,aoh month statin: under oath the gross reoeipts received during the preoeeding month from the operation of each suCh taxioab. At the expiration of the 31st day of Deoember next following the date of iSSUE.nce of each permit, all suoh affidavits 't"lill be reviewed and an adj~stment will be made by and between the City ..-.-.-_.=--.....~.~ .......... ...._.=::..::_ ~1:.~'_.."1Z<...~''':~_;..''....z:, ~r'",_", e and the oper~:,tor of su ch taxioab so the.t su ch ,opere. tor shall pay to the City e. total sum, inoluding the permit fee reQu.ired by '""".1!eotion 7, eC:,ual to two (2%) per oent of the gross l"eoeipts from the operation of his taxioabs in the City of La Porte for the period for 1:'1hich said permit wE\.S gre.nted. Seotion 8. The holder of any permit to oonduct 8. tf',xioa b e business in the City of Ls. Porte she.ll at all times cLurin(~ the life of such permit kee'O each ana. every veiliole operE,ted by him under his ~ermi t insured in e. OO:clpany authorized to (~o business in Texas, inc.er.mifyin~~ the permittee in the sum of ~l,OOO.OO for injury D:i:' clee.th or property damage resulting from any aooident, throuf?h and b;T reason of the operation of his taxioabs; a,nd such polioies or certificates of insur~nce shall re ~pproved by the City Attorney of said City, and filed B.nd left 'toli th the City