116. Bailment by finding.

Where a lost chattel is found in a public place1, the finder2 is under no obligation to take charge of it at all3. However, an occupier of land may owe an obligation to search for chattels which are lost upon his land, and to take them into custody4. If, moreover, the finder actually takes a lost chattel into his custody, he constitutes himself a depositary, and assumes the obligations of a depositary to the true owner5, including the obligations to take reasonable steps to locate the owner and acquaint him with the finding and the present whereabouts of the