Court Opinion

ID: 9658854
Source: CourtListenerOpinion
Date Created: 2023-08-23 21:18:35.4537+00
Date Added: 2024-06-11T18:14:00.655565
License: Public Domain

Boslaugh and McCown, JJ.,
concurring.
We agree that it was within the discretion of the district court to set aside the confirmation and reopen the bidding under the particular facts and circumstances in this case. We are of the opinion that it would have been preferable to have ordered a resale after public notice with the upset bid as the opening bid. The owners could have been protected against possible loss by requiring the upset bidders to remain bound until the resale had been completed. 50 C. J. S., Judicial Sales, § 61 d, p. 684; 30A Am. Jur., Judicial Sales, § 138, p. 981.
There is an element of fairness in the immediate sale *235as well as the effect on future sales that must be considered.. We believe that the theory of a public sale is sound and that ordinarily, upon the reopening of bids, the sale should be open to all bidders.