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Propane tanks have serial numbers and may have company numbers if they are built for a specific company. The first thing I will tell you is do not buy such things at a yard sale unless the person selling them will give you a bill of sale for them along with a copy of the bill of sale they got when they bought them. Same with oxygen and acytelyne tanks. These type of tanks have to have their own record of ownership and inspection. The second thing I will tell you is to not tell the gas company that your lawyer will be in contact with them because if these tanks do have their numbers on them, they will know you are blowing smoke. Even if ferrel gas bought out a mom and pop operation that owned tanks leased out to people, they will have the records for all the tanks they own. And they DO own them. If they do own them they are legally responsible for anything that may happen which is caused by or having involvement with them. There is NOTHING about time limits about this ownership. A lease of equipment to a property in 1965 will still be valid if neither party ever ended it. You really don't want to cause bad press about them because they can charge the owner of record with demurage for loss of tank rental or whatever value the lease set forth for them to receive for all those years they couldn't find their property. Further whoever has been filling these tanks can be in big trouble for not making you show ownership or valid lease BEFORE they ever filled them. Tanks of all kinds that have ICC numbers stamped in them have always been owned this way. When companies buy out little operations they don't have to ever have had possession of the tanks, only the records of the tanks. Whoever you bought your place from did not have the authority to transfer a lease of tanks or equipment to anyone else if HE had a lease of them. If ferrel can show they owned them, they can remove them from a property and secure them back in their possession anytime they want. Your recourse at this point would be with the realtor or previous owner to show ownership of this equipment. And the guy that had a garage sale isn't going to help because if he is found out HE could be charged with trafficing in stolen property.
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