Case ID: w-va_2/html/0485-01.html
Source: Caselaw Access Project
Author: {"author": "Brown, President.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

Wheeling.
    Absent, Harrison, J.
    
    William Basnett, et al., vs. Christopher Higgins.
    January Term, 1868.
    The decree of a circuit court setting aside a sale made by a trustee on the ground of inadequacy of price, where the evidence of unimpeached witnesses varied in their estimate of value from 500 to 600, to 650, to 700, to 725 and to 800 dollars, and where the highest bid at public auction was 605 dollars and 15 cents, and the property was actually sold at private sale for 650 dollars, is erroneous; no fraud being proven.
    This cause arose in Marion county. The only question considered by the court here was that concerning alleged inadequacy of price for the land sold by the trustee.
    The opinion of the President states the ease.
    
      G. H. Lee for the plaintiffs in error.
    
      
      Absent from illness.
    
   Brown, President.

The only question in this case for the the consideration of the court, is, whether a sale of land by the trustee in pursuance of the terms of the trust deed, can be set aside on the ground of inadequacy of price, when the price obtained was 650 dollars, and the evidence of sundry witnesses unimpeaehed, varied in their estimate of the value from 500 to 600, to 650, to 700, to 725, to 800 dollars, and where the highest bid at public auction was 605 dollars and 15 cents.

The allegation of fraud and connivance in the bill, as between the trustee and purchaser being denied in the answer, there is no proof to sustain that charge.

These facts do not warrant a recision of the sale. I think., therefore, that the decree of the circuit court setting aside the sale was erroneous and should be reversed with costs to the appellants, the injunction dissolved, and the hill dismissed, with costs in the court below.

Maxwell, J„, concurred.

Decree reversed.