Clem v. Lambert

By JUDGE HENRY H. WHITING

In this case the Court must decide whether to confirm a judicial sale of land in the face of a contention that it was sold for a grossly inadequate price. The property contains 4.281 acres and 25,586 square feet in the Town of Woodstock and sold for $17,500.00. Prior to the sale, the property was appraised by two experts at from $55,000.00 to $65,000.00. No evidence has been introduced to show any fraud, mistake or other reason not to confirm the sale except the alleged gross inadequacy of the sale price.

At a hearing upon the Special Commissioner's Report, two real…