Chicago City Bank & Trust Co. v. Johnson

Mr. Presiding Justice Friend

delivered the opinion of the court.

■ Hannah M. Smith became the purchaser at a master’s sale held pursuant to the entry of a foreclosure decree. She paid the purchase price in full and procured an order of court approving the sale. The master’s certificate was issued and delivered to her and was recorded in the registrar’s office on the certificate of title. Thereafter, within the term, the chancellor set aside the sale, declared the master’s certificate to be null and void, ordered the master to refund the purchase price, accepted a higher bid made by the nominee…