Bernice Paset, a customer of the Old Orchard Bank, found $6,325 in currency on the seat of a chair in an examination booth in the bank's safety-deposit vault. The chair was partially under a table. Paset notified officers of the bank and turned the money over to them. She was told by bank officials that the bank would try to locate the owner and that she could have the money if the owner was not located within one year. The bank wrote to everyone who had been in the safety-deposit vault either on the day of, or on the day preceding, the discovery. The bank's letter stated that some property had been found and invited the customers to describe any property they might have lost. No one reported the loss of any currency. The money remained unclaimed a year after it had been found. The bank refused to deliver the money to Paset, contending that it was mislaid, not lost, property and that it had a better right to it. Was the money mislaid property?
Answer to relevant QuestionsAlex Franks was staying at a Comfort Inn in Searcy, Arkansas, while working on a highway project. He checked into the hotel on Monday, September 10. Two days later, after he had checked out and returned to his room to ...On March 27, 2001, Felice Jasphy brought three fur coats to Illana Osinsky's establishment trading as Cedar Lane Furs in Teaneck, New Jersey, for storage and cleaning. The three coats included a ranch mink coat, a Shearling, ...In May 1994, the Hubers rented a house to Lois Olbekson, who was the daughter of their friends, Loren and Alice May Olbekson. Lois hoped to be able to purchase the house from the Hubers one day. The primary source of heat ...Kevin Allen was the owner and manager of an apartment building in Chicago, Illinois. Marybeth Duncavage, a second-year medical student, entered into an agreement with Allen for the rental of Apartment 1-W. She moved into the ...Eighteen-year-old Arthur Smith became intoxicated at a New Year's Eve party. At 11:00 pm, Smith left the party and began walking home. Police officer Don Czopek saw Smith walking down the center of a road and weaving from ...
Post your question