Compañia Azucarera de la Carolina v. Gonzalez

Hamilton, Judge,

delivered the following opinion':'

This bill was filed March 11, 1920, alleging that at a chancery sale ordered by this court bids were offered for the-property by defendant and one Riera, and thereupon defendant requested the adjournment of the sale and entered into agreement with Riera for valuable consideration, by which Riera withdrew from the sale and allowed defendant to purchase at $330,000, when the property was worth and assessed for taxation at over $1,000,000, which agreement constituted a fraud upon the court, orator, and bondholders and creditors of orator; *567“that…