[HISTORY: Adopted by the Board of Commissioners of the Township of Lower Merion 10-20-1976 by Ord. No. 1774. Amendments noted where applicable.]
A. 
Terms defined. Unless otherwise expressly stated, the following words and phrases shall be construed throughout this chapter to have the following meanings:
LOST PROPERTY
Any lost, abandoned, mislaid, stolen or unclaimed personal property, including money, stocks and bonds, the owner of which cannot be found.
TOWNSHIP EMPLOYEE
Any employee of the Township of Lower Merion. The term "township employee" shall include but not be limited to department heads and other appointed employees, members of the Police Department and Fire Marshals.
B. 
Word usage. The singular number includes the plural and the plural the singular.
Any township employee, while acting as such, who finds lost property shall deliver such lost property to the Township Manager or his designated representative, and such township employee shall have no legal right or claim to such lost property.
The Township Manager shall make a reasonable effort to determine the owner of such lost property and to return such lost property to such legal owner.
If the legal owner of lost property cannot be found, such lost property shall be the property of the Township of Lower Merion, unless otherwise escheated to the Commonwealth of Pennsylvania. Nothing contained in this chapter shall be deemed to give the Commonwealth of Pennsylvania any greater interest in or right to such lost property than may be provided in the laws and statutes of the Commonwealth of Pennsylvania.
All lost property becoming the property of the Township of Lower Merion shall be sold or negotiated by the township and the proceeds of such sale shall become a part of the general fund of the Township of Lower Merion. Any lost property in the form of United States currency becoming the property of the township shall be paid directly into the general fund.