Whenever any person shall desire to claim compensation for any salvage service rendered by him in reclaiming and protecting from loss, damage, injury or destruction, any saw log, sawn or hewn timber, lumber, boat or other water craft, or other floatable thing of value, that may have become derelict, in any of the waters of this state or in the beds or on the shores thereof, or for compensation for the preservation thereof, such finder, salvor, or person raising or floating such property, shall file a petition for compensation in the circuit court of the county in which such property shall be found, raised or floated, or salved. In the petition he shall set forth a full and particular description of the property found, raised or floated, or salved, containing all names, letters or other marks of identification appearing thereon, and in the petition he shall also set forth the facts constituting his claim for compensation, and the amount claimed by him for such service, and shall also state the name of the owner of the property, if known to the petitioner, and his place of residence and post-office address. Said owner shall be made a party defendant thereto, and if the owner be unknown, all persons having or claiming any interest in the property shall be made parties defendant, and the petition shall be sworn to. Immediately upon the filing of such petition, the petitioner shall deliver to the sheriff of the county the property described in the petition to be dealt with as hereinafter provided in Section 89-17-17.