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No person, firm or corporation shall in any manner engage in the business of conducting a street fair or arts and crafts show or other related activity without first obtaining from the city clerk-treasurer, a license so to do and without first depositing with the city clerk-treasurer a bond running to said city as provided in this chapter; unless said bond requirements have been waived as provided in this chapter. It is further provided that one master license may be issued to a person, firm or corporation sponsoring said activity which license shall extend to all persons, firms or corporations carrying on said activity under such sponsorship. (Ord. 1673 § 1, Not dated)