In Bishop V Ellsworth, the Money Was Found in a Bottle

question 10

Multiple Choice

In Bishop v Ellsworth, the money was found in a bottle on Bishop's premises (the junk yard) by two young boys. Which of the following is Court's decision and/or rationale?

• A) The bank gets to split the money with the Sheriff, since no true owner can be found.
• B) Finders, keepers; losers, weepers -- the boys get to keep the money, because otherwise the money would have remained of no value to anyone, since Bishop (the junkyard owner) had abandoned the property.
• C) Because no true owner came forward, the money is split between the boys (1/2) and the property owner (Bishop); the sheriff and the bank get nothing.
• D) The trial court is reversed; Bishop gets to trial because the boys were trespassers.
• E) Bishop is deemed constructive owner of the bottle and money, and may become owner if five more years goes by and no one responds to the legal advertising to run for ten successive weeks in the local paper.

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Definitions:

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