Legislation
SECTION 208
Disposition of proceeds of sale
General Business (GBS) CHAPTER 20, ARTICLE 12
§ 208. Disposition of proceeds of sale. Such keeper shall, out of the
proceeds of such sale, retain the amount of his lien or storage charges
and the expense of advertising and sale, and shall make an entry of the
articles sold, the amount received therefor, the amounts retained by him
as aforesaid, and if there be any surplus, he shall, within ten days
after such sale, upon demand, pay over such surplus to such guest,
boarder, roomer or person whose property was sold. In case such surplus
shall not be demanded and paid as aforesaid, within said ten days, then
within five days thereafter, such keeper shall pay said surplus to the
treasurer of the county or chamberlain or other chief fiscal officer of
the city in which such sale took place, and shall, at the same time,
file with said treasurer or chamberlain or other chief fiscal officer a
statement in writing containing the name and place of residence, so far
as they are known, of the guest, boarder, roomer or person whose goods,
baggage or chattel articles were sold, the articles sold and the price
at which they were sold, the name and address of the auctioneer making
the sale, and a copy of the notice published. Said treasurer,
chamberlain or other chief fiscal officer shall keep said surplus money
for and credit the same to the person named in said statement as such
guest, boarder, roomer or person, and shall pay the same to him or his
executors or administrators, upon demand, and upon furnishing
satisfactory evidence of identity to such treasurer, chamberlain or
other chief fiscal officer.
proceeds of such sale, retain the amount of his lien or storage charges
and the expense of advertising and sale, and shall make an entry of the
articles sold, the amount received therefor, the amounts retained by him
as aforesaid, and if there be any surplus, he shall, within ten days
after such sale, upon demand, pay over such surplus to such guest,
boarder, roomer or person whose property was sold. In case such surplus
shall not be demanded and paid as aforesaid, within said ten days, then
within five days thereafter, such keeper shall pay said surplus to the
treasurer of the county or chamberlain or other chief fiscal officer of
the city in which such sale took place, and shall, at the same time,
file with said treasurer or chamberlain or other chief fiscal officer a
statement in writing containing the name and place of residence, so far
as they are known, of the guest, boarder, roomer or person whose goods,
baggage or chattel articles were sold, the articles sold and the price
at which they were sold, the name and address of the auctioneer making
the sale, and a copy of the notice published. Said treasurer,
chamberlain or other chief fiscal officer shall keep said surplus money
for and credit the same to the person named in said statement as such
guest, boarder, roomer or person, and shall pay the same to him or his
executors or administrators, upon demand, and upon furnishing
satisfactory evidence of identity to such treasurer, chamberlain or
other chief fiscal officer.