226 Pa. 458 | Pa. | 1910
Opinion by
The sheriff’s sale which the court below refused to set aside was on an execution issued upon the judgment which is the subject of the preceding appeal. Gross inadequacy of price and misdescription of property in the sheriff’s advertisements were the main reasons urged for setting the sale aside and are the only ones to be considered on this appeal. The property, was sold to the appellee for $11,600, subject to a mortgage of $13,000 and accrued interest, making the actual price which he bid for it about $25,000. In support of the allegation of inadequacy of price a number of witnesses testified that the property was worth from $35,000 to $40,000 and that it would have brought from $5,000 to $7,000 more than the price at which it was knocked down if the description had been adequate. The inadequacy of the price was in itself no reason for disturbing the sale. When, however, there is not merely inadequacy of price, but a misdescription of the property sold, plainly misleading bidders, the proper exercise of the court’s discretion in passing upon the application to set the sale aside must be reviewed.
. The following is the sheriff’s advertisement: “ Lot of ground in Fourth Ward, formerfy Fourteenth Ward, Pittsburgh.