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51 Mo. 117

Wagner v. Phillips

Supreme Court of Missouri

Decided October 15, 1872

Supreme Court of Missouri · decided 1872-10-15

<p>1. Sales, inadequacy of prize, eta. — Inadequacy of price taken by itself is not sufficient ground for setting aside a sale of land, but, when coupled with other facts it is a circumstance entitled to consideration.</p> <p>2. Lands, sale of — Bidders kept away — Competition repressed, eta. — Where evidence shows that by the acts, connivance and representations of a purchaser, bidders were kept away from the sale of certain land; that competition was repressed when the sale took place, and that, except for these practices the land would have brought a price greatly in excess of that actually realized, the sale will be set aside.</p>

Good law ✅— No negative treatment on recordhow we know

Decided 1872-10-15

How this case has been cited

Cited by 4 later decisions — most recently February 1924

4 state decisions

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Later decisions citing this case, by decade. The current decade is in progress, and our corpus holds fewer opinions from the most recent years, so the latest bars are undercounted — not a real decline.

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Wagner, Judge,

¶1delivered the opinion of the court.

¶2This was a proceeding commenced in the Shelby Circuit Court, to set aside a sale by the' sheriff, in partition, on the ground that the purchaser, who is the respondent here, by means of fraudulent practices and representations, deterred and kept away bidders; and, in consequence thereof, bought the property at a greatly inadequate price. The land sold consisted of one hundred and sixty acres, and was purchased by the respondent for the sum of one hundred and eight dollars ; and the testimony all goes to show that it was worth from six to eight hundred dollars. The inadequacy of the price, taken by itself, would not be sufficient ground for affording relief; but when coupled with other facts, it is a circumstance entitled to consideration.

¶3The record clearly shows that, by the acts, connivance and . representations of the respondent, bidders were kept away from the sale, and competition was repressed when the sale took place; and that had it not been for these improper practices, the land would have brought at least, six hundred dollars.

¶4The sale, therefore, should not be upheld. The judgment must be reversed and the cause remanded.

The other judges concur.
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