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Friday, June 15, 2012

"Homeless man in Texas wins right to keep bag containing $70,000 in cash, gold."

He found it in a bag down by the river, where he'd gone to wash his feet.
He saw a bag, kicked it and heard jangling. After discovering the wet money inside, he took his find to a First National Bank branch to exchange it for dry currency, The Statesman reported.

That’s when police were called in.
There had to be a notice in the paper first, but after 90 days, it was his, under the age-old legal principle finders, keepers.

The man, Timothy Yost, says: “I’ve been walking for so long, first thing I want is a vehicle.” You might think that a person that we call "homeless" would say the first thing I want is a home. Perhaps in his own mind, he thought of himself as carless.

Some of the people in the comments at the link don't agree with that car-before-home judgment:
70k won't last long. it's a fortune to someone who is homeless but one wonders how he came to be homeless in the first place. if the cause was bad judgment then 70k will be gone in no time. buying a car seems silly when housing, an apartment, clothing should be a priority and finding a job to increase the 70k or maintain most of it. perhaps a good bicycle to start. with a car, he will spend on insurance, fuel, and maintaining it.
Don't you need a car (in Texas) to find an apartment and to buy new clothes and other supplies? You can live in your car in a pinch, but you can't drive around in your apartment. And it's his experience. Needing to walk everywhere troubled him more than having to sleep wherever he did.

Good luck — further good luck — to Mr. Yost.

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