S 252. Found property and found instruments to be deposited with
police; penalty for failure to deliver to police; delivery to persons in
possession of premises where found.
1. Except as provided in subdivision
five of section two hundred fifty-six of this chapter or as otherwise
prescribed pursuant to section two hundred fifty of the general
municipal law, any person who finds lost property of the value of twenty
dollars or more or comes into possession of property of the value of
twenty dollars or more with knowledge that it is lost property or found
property shall, within ten days after the finding or acquisition of
possession thereof, either return it to the owner or report such finding
or acquisition of possession and deposit such property in a police
station or police headquarters of the city where the finding occurred or
possession was acquired,
3. Except as provided in subdivision four of this section, any person
who shall refuse or wilfully neglect to comply with the provisions of
subdivision one or subdivision two of this section shall be guilty of a
misdemeanor and upon conviction thereof shall be punished by a fine of
not more than one hundred dollars or imprisonment not exceeding six
months or both.
S 253.
The police with whom found property or a found instrument is deposited
as provided in this article shall give to the person depositing it a
receipt identifying the transaction of deposit and identifying the
property or instrument. Such identification may be by description and
recital of the facts of the transaction or by reference numbers,
duplicate copies of records, or other method connecting the receipt with
the records of the police with respect to the property or instrument and
the transaction.
S 254. Disposition of lost property
2. If at the end of the period specified in subdivision seven of
section two hundred fifty-three of this chapter the owner has not
claimed the property, it shall be delivered to the finder, or person
entitled to assert the rights of the finder as provided in section two
hundred fifty-six of this chapter, upon his demand therefor, and upon
payment of all reasonable expenses incurred in connection therewith.