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This Personal Property exam, given by Professor James H. Barnett, Jr. on May 25, 1944, begins with the following question:

B, an employee of the City of Richmond, found a valuable diamond ring while repairing a sewer in the city. B lost it and three months later C found it in April 1936. C made inquiries about the owner, then giving up hope of finding him, pledged the ring to D for a loan of $50.00 in May 1939, D believing that C was the owner. In May 1940 D repledged the ring with E for $75. The ring at all times had a value of $100.00. (a) In March 1944 C consults you as to his rights and remedies, if any, against E. Advise him fully. (b) Suppose that in March 1944 B had consulted you as to his remedies and rights, if any, against E. What would you have advised him?

Exam Date


T. C. Williams School of Law, University of Richmond: Personal Property Exam, 25 May 1944