The Collector and Treasurer may distrain upon any goods, chattels or intangibles represented by negotiable evidences of indebtedness, of any taxpayer delinquent under this article for the amount of all taxes and penalties accrued and unpaid thereunder. The Collector and Treasurer may require the assistance of the sheriff of any county of the State in levying such distress in the County of which such sheriff is an officer. A sheriff so collecting taxes due hereunder shall be entitled to compensation in the amount of all penalties collected over and above the principal amount of the tax due, but in no case shall such compensation exceed twenty-five dollars ($25.00). All taxes and penalties so collected shall be reported within ten days after collection to the Collector and Treasurer, who shall prescribe by general regulation the manner of remittance of such funds and of allowing the collecting officer the compensation due him under this section. (1967 Code Sec. 6-21.10)