Atwater v. Community Fuel Corp.
Atwater v. Community Fuel Corp.
Opinion of the Court
(after ’ stating the facts as above). We have stated the facts as above as they were in effect found by the court below, and most favorably for the appellee. The legal inference from these facts is that Pyros Company converted the coal, and (at least, if he had any knowledge of the receivers’ claim) so did Youngman.
It is not necessary for us to^make any findings of fact ; we merely assume for purposes of discussion what was found below, and are willing to add the further assumption that Youngman received from Pyros the coal in question, with full knowledge of how that corporation had obtained the same.. The question remains whether the receivers are entitled to the remedy of summary order granted them by the lower court.
The record gives no information as to the authority conferred upon these receivers; we can only assume that they were directed to carry on the defendant’s business and made the sale accordingly. Whether this was a judicial sale is an interesting question, into which we find it unnecessary to go.'
We have held that one who bids at a judicial sale subjects himself to . the jurisdiction of the court, and he may be compelled to make his bid good by attachment. In re Rival, etc., Co. (C. C. A.) 289 Fed. 960, and cases cited. But a judicial as distinguished from other sales has been defined as “one made under the process of a court, having competent authority to order it by an officer legally appointed and commissioned to sell.” Williamson v. Berry, 8 How. 495, 12 L. Ed. 1170. But to those requisites many decisions have added the requirement that a sale to be judicial in the technical sense must’ be one requiring confirmation by the court; e. g., Nevada, etc., Co. v. National, etc., Co. (C. C.) 103 Fed. 391, at page 395. Undoubtedly a receiver may make a judicial sale; there is nothing in the character of that office to prevent his sale being judicial. In re Third National Bank (D. C.) 4 Fed. 775. But compare Matter of Denison, 114 N. Y. 621, 21 N. E. 97.
For this reason, the order as to Youngman is reversed, with costs.
Reference
- Full Case Name
- ATWATER v. COMMUNITY FUEL CORPORATION
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- 1 case
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- Published