Licensing of corporation.

A. A domestic corporation may conduct the trade, business or calling of plumbing within the Town of Webster and shall be entitled to a license therefor, provided that one or more officers of such corporation separately or in the aggregate actually hold or own at least 51% of the issued and outstanding capital stock of said corporation, and provided that each of such officers holding such percentage of the stock is the holder of a license issued as aforesaid and actively engaged in the plumbing business of the corporation.B. In case one or more officers of a corporation engaged in such business shall die, being the holder of such license, the corporation may continue the business during the time necessarily required for the administration of the estate of such deceased officer, not exceeding two years from the date of death, provided that one or more officers of the corporation is the holder of such license and, together with the legal representatives of such deceased officer or officers, actually owns and holds at least 51% of the issued and outstanding capital stock of said corporation.