§62-3-17. Verdicts jury may find in prosecution for larceny.
In a prosecution for grand larceny, if it be found that the
thing stolen is of less value than fifty dollars, the jury may find
the accused guilty of petit larceny, except in cases where it is
otherwise provided; and in a prosecution for petit larceny, though
the thing stolen be of the value of fifty dollars or more, the jury
may find the accused guilty; and in either case he shall be
sentenced for petit larceny.