(A) When any person shall purchase a stock of merchandise at a sale under assignment for the benefit of creditors or at any sale made by the trustee in bankruptcy and shall thereafter advertise it as bankrupt stock and offer it for sale as such, either at retail or at auction, the person shall file with the Town Manager a complete inventory of the stock of merchandise so purchased, which inventory shall be verified under oath.
(B) It shall be unlawful for the person to add to the stock of merchandise from any source whatsoever and advertise same as bankrupt stock.
(Prior Code, § 112.02)