-
What's the general rule for finders?
Finder has good title against the whole world except the true owner and prior possessors (Armory Rule)
-
To distinguish lost, mislaid, abandoned, and treasure trove... what do courts consider? (3 factors)
- 1. Place found (public, private, hidden, etc.)
- 2. Value of Item
- 3. State of the TO's mind
-
What is bailment?
Rightful possession of goods by a person who is not the owner
-
Apply Winkfield:
Apply Non-Winkfield:
i) Winkfield Rule Applies: Protects Purchaser
- (1) TO cannot win a cause of action against a subsequent possessor who is a purchaser
- for value
- (a)TO has the burden of becoming whole and recover damages; subsequent possessor has
- a defense and is not found liable to TO
ii) Non-Winkfield Rule: Protects TO
- (1) The TO can take a cause of action against a subsequent possessor, even if the
- subsequent possessor is a purchaser for value
- (a) Always
- TO to sue a purchaser for value in case the baliee was insovlent
- (b) The
- purchaser for value must now try to go after the baliee under subrogation.
-
Employer/employee rules for finder?
if an employee finds property in the course of their employment:
English Jurisdiction: The servant finds for the master-OLIQ wins
American Jurisdiction (Modern): The Armory Rule still applies-Finder wins
-
Define Lost Property:
Unintentionally parted with
i) Public- finder wins/prevails; apply Armory rule
ii) Private- OLIQ wins; owner/occupier gets incase TO returns (McAvoy v. Medina)
- (1)
- If found on private residence and imbedded in land, the
- OLIQ wins (S.Staffordshire)
- (2) Locations that are
- highly private (IE home) go straight to OLIQ
-
Mislaid Property
- Intentionally placed but
- unintentionally parted with
- i) General Rule: Usually
- goes to OLIQ; to protect TO if they retrace their steps
-
Abandoned Property
- Intentionally placed but
- intentionally parted with
- i) General Rule: Goes to Finder...(Armory applies) unless trespassing, then
- goes to OLIQ
- ii) Property of value is
- usually not abandoned, however illegal property can be. Look to the intent of
- the TO.
- iii)
- When a TO abandons property, he relinquishes rights to
- property. He abandons any title or possessory rights.
-
Treasure Trove
- Intentionally placed and
- intentionally parted with, with intent to return
- i) Definition: Anything of value that
- was concealed/ hidden by someone for a long time with the intent to return to
- reclaim. Used to be known as gold, money, coins hidden in the earth… belonging
- to the crown
- ii) Rule Based on
- Jurisdiction.
(1) American—Finder Prevails (Armory Rule Applies) not the owner of the land or the state
(2) English Rule—Treasure belongs to the crown
- (3) Caveat: Court often
- rejects traditional common law--application of Armory that finder have title--…
- b/c it sponsors trespassing…
- *For exam explain
- court’s dissatisfaction of applying American Rule; Court distinguishes 2 things
- to NOT apply American Rule:
- 1. Finder was
- there at request of OLIQ and thus working on his behalf. Probably found on
- private property
- 2. Classify
- property as mislaid instead of treasure trove and thus Armory does not apply
|
|