Happy ending for a '65 Shelby-lil' OT

A local from Hershey, PA. bought and drove and '65 Shelby Mustang as an everyday car from '65 until it was stolen in '79 from his work place. I don't see him very often but ask him about 3 years ago if he ever heard anything about where it got to. He said it had just been for sale on the auction site and it still had the original serial number on it. He and the insurance Co. filed to get it back. I just read this week that it was returned to him. That's a long time to be missing. The story will probably make major magazines, but you heard it here first.

 

I hate car theives..

 

Excellent! But, I am guessing the insurance company will want a little interest back on the payment.

 

What I am hoping for is enough publicity that the original thief gets ratted out. There's been one name that always is mentioned as a suspect all these years. Even if the law can't touch him I hope his name is made public.

 

If the insurance company paid it out wouldn't they own it?

 

The article I read said he had to pay for it, don't know to who or how much, but the insurance Co. helped him get it back.

 

Good for your friend. Very bad for anyone that bought it honestly after its theft.

 

Doug,

Great to hear that the owner got the car back!

Remind me to tell you a story about a stolen car the next time we're together... needs to be face to face

 

Isn't there a statute of limitations on theft? I always thought seven years pretty much wiped the slate clean, even if it was a Shelby...

 

Well, it stops the law, but it doesn't stop a late night kneecap accident...

 

Indeed...

 

Greetings! Same thing happened to a Cobra back in the 60's, the insurance company paid off but the owner had them sign a statement that if the car was ever recovered he could buy it back for what they paid him, thirty years later the car surfaced at a swap-meet and recovered by the insurance company who though they just scored big, that is until the owner showed up with that signed statement and the insurance company had to fork over the Cobra for the price of the original insurance payoff, which in 90's dollars was chump-change. To answer the question, seven years is the statute of limitations on common theft, that is unless you go down every few years and refile the police report. A friend did this on a Charger that came up missing, the car resurfaced after a decade or so and the owner got it back.

 

Here's a 65 Corvette stolen in 1970 and recovered in 2009. The owner got it back after the insurance company recovered it.
http://www.jalopyjournal.com/forum/showthread.php?t=424951&highlight=stolen+corvette