Penny v. Cash

Duckworth, Justice.

(After stating the foregoing facts.) Since the controlling issue turns upon a receiver’s deed, it is important that certain law applicable to such a sale be observed. The sale by the receiver was a judicial sale. Southern Cotton Mills v. Ragan, 138 Ga. 504 (1) (75 S. E. 611); Alexander v. Holmes, 180 Ga. 397 (179 S. E. 77). To such a sale the maxim caveat emptor applies. Kurfees v. Davis, 178 Ga. 429 (173 S. E. 157). Confirmation by the court is an essential part of such sale. Hall v. Taylor, 133 Ga. 606 (66 S. E. 478); Pledger v. Bank of Lyerly, 157 Ga. 229 (121 S. E.…