Wilson v. Shields

Upon the subject of opening the biddings, this Court- has, in two unreported cases, adopted the English rule (overruling or modifying previous cases), and holding that a Chancery sale is a mere offer to purchase, and not complete as a sale until confirmed by the Court, and that a mere advance bid, if large enough in amount, is sufficient to open the biddings.

The cases are: Wm. A. Click v. Caroline Burris, *66et als., 6 Heisk., 539, decided at the September Term, 1871, at Knoxville, and John Parsons v. G. B. -, decided at the April Term, 1873, at Jackson.

Under this rule, the biddings in the…