Federated Textiles, Inc. v. Mooresville Shirt Corp.

Supreme Court of North Carolina
Federated Textiles, Inc. v. Mooresville Shirt Corp., 174 S.E. 290 (N.C. 1934)
206 N.C. 471; 1934 N.C. LEXIS 215
Stacy

Federated Textiles, Inc. v. Mooresville Shirt Corp.

Opinion of the Court

Stacy, C. J.

The case is distinguishable from Weir v. Weir, 196 N. C., 268, 145 S. E., 281, cited and relied upon by movant, in that, it is found by the clerk: (1) that the announcement of the auctioneer *472 chilled the bidding; (2) that the sale was not conducted in a prudent and just manner; (3) that the price bid was grossly inadequate.

Under the findings made by the clerk, there was no error in declining to confirm the sale. The rights and remedies of the parties are fully discussed in annotation: 69 L. R. A., 33.

Affirmed.

Reference

Full Case Name
Federated Textiles, Incorporated v. Mooresville Shirt Corporation.
Cited By
1 case
Status
Published