Alabama § 35-13-5 Compensation of Taker

Alabama Statutes

§ 35-13-5 — Compensation of Taker

Alabama § 35-13-5

Title 35Property

Ch. 13Salvage

This text of Alabama § 35-13-5 (Compensation of Taker) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 35-13-5 (2026).

Text

(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.

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(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.

Legislative History

(Code 1852, §§2082, 2083; Code 1867, §§2474, 2475; Code 1876, §§2870, 2871; Code 1886, §§3289, 3290; Code 1896, §§3532, 3533; Code 1907, §§5851, 5852; Code 1923, §§10165, 10166; Code 1940, T. 47, §§264, 265.)