Frazer v. Consolidated Novelty Co.

The Chancellor :

Whatever the practice may have formerly been with respect to the necessity of confirmation of sale before the purchaser could be held liable for damages incident to a re-sale which his default rendered necessary, the case of Camden v. Mayhem, 129 U. S. 73, 9 S. Ct. 246, 32 L. Ed. 608, is a clear authority for the proposition that, under facts such as we have here, confirmation of the sale by the court is not a pre-requisite to the defaulting purchaser’s liability. In that case, however, it is to be noted that one fact existed which is absent here. I refer

*250to the fact that the…