Found blue velvet jacket at Stanford last night

the original owner probably got drunk and tore it off and flung it to the ground. ... Actually abandoned property goes to the finder, while misplaced property goes to the owner of the locus in quo

Click to expand...

If you have moral fiber stiffer than your legal reasoning, you'll drop it off at lost / found. If you don't, you will perhaps have a shred of pragmatism, and realize the high likelihood of somebody your size drunkenly recognizing their distinctive blue velvet jacket in Palo Alto, and objecting accordingly.