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Sec. 23-25. Property supposed to be stolen or lost; abandoned
property.

Property coming into possession of a policeman, supposed
to be stolen or lost, shall be given to the officer in charge of
the station house, accompanied by a report to the chief, stating
all the circumstances in connection therewith.

In the event any personal property be found by any policeman
abandoned on the streets or public places in the city, such
property shall be brought to the station house and an effort
to ascertain and locate the owner of such property shall be
made. If, after sixty days shall have elapsed from the time
such property is brought to the station house, the ownership
thereof has not been ascertained, the chief of police shall proceed
to dispose of such property by sale at public auction, by
negotiated sale or by destruction of property inherently dangerous
or having no value. The net proceeds of such sales
shall be paid to the director of finance. (Code 1959, § 23-25;
2-22-72.)