Sale of wreck of small value or perishable

Where any wreck in the custody of any Receiver is under the value of fifty dollars, or is of so perishable a nature or so much damaged that it cannot, in his opinion, be advantageously kept, or if the value thereof is not sufficient to defray the charge of warehousing, the Receiver may sell it before the expiration of the period mentioned in section 23 of this Act, and the money raised by such sale, after defraying the expenses thereof, shall be held by the Receiver for the same purposes and subject to the same claims for and to which the article sold would have been held and liable if it had remained unsold.