Alice set her purse on the counter at Bob?s store while she was paying for her purchases. After paying she walked out without taking her purse. Several hours later, Charly, another customer, found the purse on the counter. After determining that the purse contained a substantial amount of cash, Charly told Bob, who then tried to locate Alice. After efforts at locating her proved unsuccessful, Bob and Charly took the purse to the police station. The police, in compliance with a local statute, caused appropriate notice of the finding of the purse to be published, and held it for Alice to claim for the requisite period. The statutory time period passed without Alice showing up to claim the purse. Who will now own the purse and its contents?
Bob, as the owner of the premises on which unclaimed misplaced property was found.