Volume 200, Volume 3, Page 517 View pdf image (33K) |
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GLENN VS. WOOTTEN. 517 faction the sale is made, or from any other person, though, of course, more attention will be paid to objections coming from those who are interested than from volunteers. But though the trustee must conform to the directions of the decree with regard to the manner of putting the property in the market, and any material deviation therefrom in the first instance, and without an attempt to sell in the mode prescribed, will defeat a sale made in a different manner, if the objection is interposed; yet still, after the trustee has once offered the property in the market, in the mode prescribed by the decree, and has been unable to sell it in that way, he may dispose of it in a different mode. The reason for this, as stated by the Chancellor in Gibson's case, 1 Bland, 144, is, "that the trustee being in all cases required to make a report in writing of only such a sale as he can, on oath, state to have been in all respects fairly made, which cannot be ratified without consent until public notice has been given to show cause, if any there be, why it should not be confirmed, there can be no danger or inconvenience in allowing him to deviate from the prescribed manner and terms of sale, after the property has, by adver- tisement, and an actual public offer to sell at the time and place appointed, been completely put in the market." It is quite clear, therefore, if these cases are to be regarded as furnishing the true rule upon this subject, and I am, upon full reflection, satisfied they do, that this Court will not ratify a sale made by its trustee when, without an attempt to sell in the mode prescribed by the decree, he undertakes to dispose of the property in a different mode. It must be obvious that those portions of the decree which direct how, and in what manner, and upon what terms the property should be sold, are all mere Unmeaning words if the trustee may, without an attempt to comply with them, sell in such mode and upon such terms as to him may seem fit. When, to be sure, the property has been put in the market, in the manner and upon the terms 'directed by the decree, and the effort so to sell has been unavailing, there can be no objection to the trustee's accepting a bid upon different terms, or to his disposing of the property at private VOL. III.—84 |
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Volume 200, Volume 3, Page 517 View pdf image (33K) |
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