Its the old wives tale POSESSION IS 9/10 OF THE LAW all over again.......That old saying, however, can be for a large part, legally accurate. I recall way back in my law school days in property law class the long deep discussions and well settled body of common law concerning LOST versus ABANDONED and STOLEN property. Personal property (subject to some extent if lost or abandoned or stolen and subject to proof) is legally owned by the true rightful owner, while a "prior peacefull possessor" (even if he stole it) still has superior title to all OTHER THEN a true rightful owner. That means if Billy Bob steals something Bubba cant steal it from him and claim as a defense "Its NOT Billys, he stole it from Jim Bob". As far as the law is concerned, Billy is still a "prior peacefull possessor" so his title is superior above all others EXCEPT FOR THE RIGHTFUL OWNER.
Id guess it would be difficult for anyone to establish legal claim on that find and since it was on the finders property unless the STATE comes up with something, and I wouldn't bet too much against that grrrrrrrrrrr, ITS LIKELY FINDERS KEEPERS...........
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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