All sums of money paid by the purchaser to the vendor as taxes imposed by this chapter shall be and remain public money, the property of the town, in the hands of such vendor, and the vendor shall hold the same in trust for the sole use and benefit of the town until paid to the finance director as herein provided, and for failure so to pay to the finance director, such vendor shall be punished for a violation hereof. (Ord. 30, Series 2021)