Francis Watt

Summary

Francis Watt 1911 Encyclopædia Britannica (1911)

Property found in the sea or on the earth has at no time been looked on as treasure trove. If the owner cannot be ascertained it becomes the property of the finder (see Lost Property) . As the feudal system spread over Europe and the prince was looked on as the ultimate owner of all lands, his right to the treasure trove became, according to Grotius, jus commune et quasi gentium, in England, Germany, France, Spain and Denmark. In England for centuries the right to treasure trove has been in the Crown, who may grant it out as franchise.
Source: Wikisource

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