169: When finder of thing commonly on sale may sell it
The Contract Act · Federal Acts · Chapter IX · in_force
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When a thing which is commonly the subject of sale is lost, if the owner cannot with reasonable diligence be found, or if he refuses, upon demand, to pay the lawful charges of the finder, the finder may sell it— (1) when the thing is in danger of perishing or of losing the greater part of its value, or, (2) when the lawful charges of the finder, in respect of the thing found, amount to two- thirds of its value.
Related sections
168: Right of finder of goods; may sue for specific reward offered170: Bailee’s particular lien167: Right of third person claiming goods bailed171: General lien of bankers, factors, wharfingers, attorneys and policy-brokers166: Bailee not responsible on re-delivery to bailor without title172: “Pledge,” “pawnor”, and “pawnee” defined
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