(a) The taker is entitled to 10 percent on the appraised value of each bale of cotton and on other property as follows: 25 percent on all under $30.00; between $30.00 and $100.00, 20 percent; between $100.00 and $500.00, 15 percent; between $500.00 and $1,000.00, 10 percent; and on all over $1,000.00, five percent.
(b) The taker is also entitled to the court fees paid by him, the expenses of the advertisement, if published in a newspaper, and reasonable compensation for the keeping, if necessary to preserve the property from loss or injury, to be ascertained as in the case of estrays.
Structure Code of Alabama
Section 35-13-1 - Right to Take Up and Secure Property Adrift.
Section 35-13-2 - Appraisement and Description of Property.
Section 35-13-4 - Restoration of Property Upon Proof by Owner.
Section 35-13-5 - Compensation of Taker.
Section 35-13-6 - Fees of Appraisers.
Section 35-13-7 - Limitations.
Section 35-13-8 - Remedy of Owner When Taker Refuses to Deliver Property.
Section 35-13-9 - Liability for Concealment or Destruction, Etc.
Section 35-13-10 - Applicability of Chapter to Taker's Personal Representative.