As used in this chapter, the following terms shall have the meanings indicated:
CRUISING
The driving of an empty taxicab along a public street or public place for the purpose of soliciting passengers.
PERSON
Includes a copartnership, association or corporation, and the singular or plural, the masculine or feminine.
PUBLIC TAXICAB STAND
A section of a public street or of a public place set apart under the terms of this chapter for the exclusive use of a taxicab or a limited number of taxicabs.
TAXICAB
Includes any motor vehicle commonly called "taxi," "autocar," "public hack," "omnibus" or by whatever name or designation any such vehicle may now or hereafter be known or designated engaging in the business of carrying passengers for hire, which is held out, announced or advertised to operate or run, or which is operated or run over any of the streets or highways of the Borough of Riverdale in the County of Morris and particularly into which are accepted and discharged such persons as may offer themselves for transportation from points or places to points or places within and without the Borough of Riverdale, upon the terms, provisions or conditions prescribed in this chapter, or by the day or by the hour or other fixed period, or by means of a fare established in this chapter, provided, however, that nothing in this section contained shall be construed to include any autobus, jitneys or other vehicles which are hired by charter or for a particular contract for such public conveyances as are by law subject to state or federal regulations exclusively.
A. 
There are hereby established two classes of taxicab licenses, to be known as "taxicab driver's license" and "taxicab owner's license," respectively.
(1) 
A taxicab driver's license shall entitle the person mentioned therein to operate within the Borough of Riverdale any taxicab duly licensed hereunder until said license either expires or is surrendered, suspended or revoked, and shall not be transferable.
(2) 
A taxicab owner's license shall entitle the taxicab therein described to be operated in the Borough of Riverdale by a driver duly licensed hereunder until said license either expires or is surrendered, suspended or revoked, and shall not be transferable except as hereinafter set forth.
B. 
No more than four taxicab owner's licenses shall be issued and in force at any one time in the Borough of Riverdale.
No vehicle for the conveyance of passengers, other than duly licensed taxicabs for the use of which a fare is charged, excepting any vehicle which is subject to the exclusive jurisdiction of the state or federal regulations, shall stand on or along any public street or public place within said Borough waiting for prospective passengers thereto.