Leonard and Bernard are philatelists.In 1989, they purchased two sets of stamps that by 1996 were worth over $150,000.The brothers believed themselves to be in possession of these stamps until 1996, when they saw an advertisement in a nationally circulated stamp magazine offering them for sale.The brothers brought declaratory judgment and replevin actions against the current possessor, Robert, to recover possession of the stamps.Robert claimed ownership because he found the stamps inside a dresser he had purchased in a used furniture store.Who should the law recognize as having title to the stamps?

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The Answer of Leonard and Bernard are philatelists.In 1989, they purchased two sets of stamps that by 1996 were worth over $150,000.The brothers believed themselves to be in possession of these stamps until 1996, when they saw an advertisement in a nationally circulated stamp magazine offering them for sale.The brothers brought declaratory judgment and replevin actions against the current possessor, Robert, to recover possession of the stamps.Robert claimed ownership because he found the stamps inside a dresser he had purchased in a used furniture store.Who should the law recognize as having title to the stamps?

Leonard and Bernard Are Philatelists