§ 208 — Disposition of proceeds of sale

New York § 208

• Jurisdiction: New York
• Law GBS: General Business
• Art. 12: Hotels and Boarding Houses

Text

§ 208. Disposition of proceeds of sale. Such keeper shall, out of the\nproceeds of such sale, retain the amount of his lien or storage charges\nand the expense of advertising and sale, and shall make an entry of the\narticles sold, the amount received therefor, the amounts retained by him\nas aforesaid, and if there be any surplus, he shall, within ten days\nafter such sale, upon demand, pay over such surplus to such guest,\nboarder, roomer or person whose property was sold. In case such surplus\nshall not be demanded and paid as aforesaid, within said ten days, then\nwithin five days thereafter, such keeper shall pay said surplus to the\ntreasurer of the county or chamberlain or other chief fiscal officer of\nthe city in which such sale took place, and shall, at the same time,\nfile with said treasurer or chamberlain or other chief fiscal officer a\nstatement in writing containing the name and place of residence, so far\nas they are known, of the guest, boarder, roomer or person whose goods,\nbaggage or chattel articles were sold, the articles sold and the price\nat which they were sold, the name and address of the auctioneer making\nthe sale, and a copy of the notice published. Said treasurer,\nchamberlain or other chief fiscal officer shall keep said surplus money\nfor and credit the same to the person named in said statement as such\nguest, boarder, roomer or person, and shall pay the same to him or his\nexecutors or administrators, upon demand, and upon furnishing\nsatisfactory evidence of identity to such treasurer, chamberlain or\nother chief fiscal officer.\n