Gill v. Barbour

Citations

• 80 Va. 11
• 1885 Va. LEXIS 34

Syllabus

<p>1. JUDICrAL SALEs-Pnrc/zase-money paid in/a courl and los/.-Where purchaser at judicial sale buys in all the liens save one, and is allowed credit therefor, and then to prevent re-sale, pays into bank, with approval of the court, the amount of the said lien, which the court recognizes as appropriated to the owners of the said lien, and which is later lost by the bank's failure, the loss will fall wholly on the owners of the said lien~ Had there remained more than one unsatisfied lien, the loss would then have fallen on the general fund, and been borne by the lienors in the inverse order of the priority of their liens.</p>