A possessor may lose possession:
(1) By abandonment of the thing.
(2) By an assignment made to another person, either for a valuable consideration or by a deed of gift.
(3) By the destruction or total loss of the thing, or because the same becomes unmarketable.
(4) By the possession of another person, even against the will of the former possessor, if the new possession has lasted longer than a year.
History —Civil Code, 1930, § 389.