The driver of a vehicle which has collided with or been in an accident with any vehicle, person or property in such a manner as to cause injury or damage shall stop immediately and render such assistance as may be possible, and give his true name and residence to the injured person or any other person requesting the same on behalf of the injured person, or the owner of the property damaged and to a police officer, if one is present. A report of each such accident shall be given by the driver of each vehicle concerned in the accident to the chief of police within twenty four (24) hours after the accident. (1978 Code § 11-1-10)