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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 1, Page 283   View pdf image (33K)
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HINTZE VS. STINGEL. 283

FREDERICK E. B. HINTZE

VS. SEPTEMBER TERM, 1848.

CHRISTOPHER STINGEL AND WIFE.

[TRUSTEE'S SALE—INADEQUACY OF PRICE.]

INADEQUACY of price is not sufficient ground for setting aside a sale otherwise
unexceptionable, unless the sum reported is so grossly inadequate as to indi-
cate a want of reasonable judgment and discretion in the trustee.

But, where any other just cause appears, to doubt the propriety of the sale, it
is a consideration very proper to be viewed in connection with it, that the
sale was made at a reduced price.

It appearing, that the defendant, who was a German, and imperfectly acquaint-,
ed with our language, called upon the trustee a few days before the sale, for
information as to the day of sale; and, that either the trustee incautiously
misinformed him on the subject, or that he misunderstood the trustee, owing
to his imperfect knowledge of the English language; and, that a bidder who
would have given nearly twice the amount for which the property was struck
off, was kept from attending the sale by the information which he received
from the defendant; upon these circumstances and the concurrence of the
plaintiff in the application, the sale was set aside.

[On the 2d of May, 1848, certain real estate in the city of
Baltimore, belonging to the defendant, was sold under a chan-
cery decree to satisfy a mortgage debt of the complainant.
The defendant, who was a German, and imperfectly acquainted
with the English language, applied to the trustee, shortly be-
fore the sale, to know on what day the property was to be sold.
According to his understanding of the trustee's reply, the sale
was to take place on the 5th of May; and, under that impression,
he commenced arrangements for obtaining money to pay the
amount due on the mortgage, or at any rate, to procure the at-
tendance of purchasers at the sale.

The sale was made, as above stated, on the 2d of May, 1848,
without the defendant's knowledge, who had induced persons
to attend on the 5th of the month, willing to give a much high-
er price for the property than was given by the purchaser, Hud-
son. The trustee, in his report, mentioned most of the above
circumstances, and also stated, that the property sold much be-
low its value, and the purchaser had paid him $600 of the pur-



 
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Reports of Cases in the High Court of Chancery of Maryland 1846-1854
Volume 200, Volume 1, Page 283   View pdf image (33K)
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