NORTH CAROLINA GENERAL ASSEMBLY
1959 SESSION

CHAPTER 636
HOUSE BILL 877

AN ACT AUTHORIZING THE CITY OF GOLDSBORO TO REQUIRE LIABILITY INSURANCE ON ALL TAXICABS OPERATING WITHIN THE CITY.

The General Assembly of North Carolina do enact:

Section 1. The City of Goldsboro is hereby expressly authorized and empowered to require the owner of every taxicab operating within the corporate limits of the city to obtain and keep in force liability insurance covering each taxicab so operating in such amount as the board of aldermen may deem proper, not to exceed the following limits:
a.	Property Damage	$	5,000.00
b.	Personal Injury (any one person)	$	50,000.00
c.	Personal Injury (any one accident)	$	100,000.00
Proof of such insurance shall be filed with the City Clerk of the City of Goldsboro.
Sec. 2. Any owner may, in lieu of obtaining such liability insurance, post a bond with, and satisfactory to, the City Clerk and City Attorney of the City of Goldsboro, in such amount as would be required if an insurance policy was obtained.
Sec. 3. Any owner of any taxicab or taxicabs operating within the corporate limits without complying with the terms of any ordinance enacted by the board of aldermen under the authorization contained in this Act, shall have his taxicab franchise license forfeited.
Sec. 4. The board of aldermen may make such other rules and regulations as may be reasonably necessary to carry out the intent and purpose of this Act.
Sec. 5. All laws and clauses of laws in conflict with this Act are hereby repealed.
Sec. 6. This Act shall be in full force and effect from and after July 1, 1959.
In the General Assembly read three times and ratified, this the 26th day of May, 1959.