Easton v. Houston & T. C. Ry. Co.

In the final decree, directing the sale of the mortgaged property in this cause, among other provisions, was the following:

“That of the purchase price bid on such sale a deposit, amounting to the sum of one hundred thousand dollars, ($100,000.00,) shall be paid in cash to the commissioner at the time of sale, and shall be deposited in the registry of this court to the order of the cause. If separate bids be made and accepted for separate portions of the property to be sold, then the deposit so made shall not be less than seventy-five thousand dollars on the purchase of the main line of the…