93 - Bond.

§ 93. Bond.  Before granting any such license, the commissioners shall  require the applicant to furnish a bond to the  people  of  this  state,  with  two sureties to be approved by such commissioners or a majority of  them, in a penalty not exceeding five hundred dollars. Such  bond  shall  be  conditioned upon the diligent and faithful performance by such pilot  of his duties, and upon his obedience  to  the  rules,  regulations  and  decisions  of  the  commissioners  of  pilots.  Every such bond shall be  prosecuted in the name of the people of the state of New York, by or  in  behalf  of  the  commissioners,  provided  a  majority  of them shall so  instruct, and if any amount be collected in such suit it shall  be  paid  to  the  commissioners,  who may thereupon direct the same to be applied  for the purposes specified in subdivision two of section ninety-seven of  this article.