The Law Reports (Chancery Division)
[1967] Ch 1194
[CHANCERY DIVISION]
SKINNER v. THE TRUSTEE OF THE PROPERTY OF REED (A BANKRUPT) AND OTHERS
[1966 S. No. 1756]
1967 May 26,
30,
31
CROSS J.
Agency
— Auctioneer
— Lien on deposit
— Deposit paid by purchaser to auctioneer as stakeholder
— Sale free from encumbrances
— Encumbrances exceeding total price
— Whether purchaser entitled to have entire deposit applied in discharge of encumbrances.