WITHDRAWN BID

Waikato Times, Volume 124, Issue 20786, 22 April 1939, Page 9

WITHDRAWN BID

COUNTRY AUCTION SALE ARGUMENT IN COURT (By Telegraph—Press Association) CHRISTCHURCH, Friday A civil action dealing with the procedure at country auctions was completed in the Magistrate’s Court today before Mr E. C. Levvev, S.M. Plaintiff in the case was 11. Matson and Company, stock and station agents, who proceeded against James Marshall, farmer, asking the Court to decide that Marshall fulfil a bid he had made for a horse, but which he had later withdrawn. Evidence on the facts of the claim had been heard at a country sitting of the Magistrate's Court, and the case was then adjourned so that legal argument could be heard in Christchurch. The magistrate, in his decision, said that, after reviewing the legal authorities submitted in argument by both sides, he was hound to admit the legality of the previous English decision many years old. which had never been over-ruled, that the provisions of Lhe Sale of Goods Act tacitly held that the bidder must always have the right to retract his bid until the hammer falls.