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Originally posted by makeitso
They must be pretty excited about that find. Gotta be worth a mint!
In 1905, the Supreme Court of the State of Oregon ruled that the meteorite belonged to the Oregon Iron and Steel Company as owner of the land on which the object was found. The company sold the meteorite to the American Museum of Natural History the next year for $20,600.
3. Property in and management of meteorites
(1) Subject to subsection (2), and notwithstanding the degree of their attachment to land, all meteorites in the Territory are the property of the Territory and their management and control is vested in the Board.