Dispensers of commercial handbills placed or located on public property in violation of section 11-5-3 or 11-5-5 of this chapter may be removed and impounded by the town in a convenient location. Any such dispenser so removed and stored shall be released to the owner thereof if claimed within forty five (45) days after such impoundment upon the payment of a fee of one hundred dollars ($100.00) to the town. Upon the failure of the owner to claim such dispenser and pay impoundment, such dispenser shall be deemed to be unclaimed property in the possession of the Police Department, and may be disposed of according to law. (Ord. 24, Series 1991)