Vollum v. Beall

83 A. 1095, 117 Md. 617, 1912 Md. LEXIS 130
CourtCourt of Appeals of Maryland
DecidedMarch 26, 1912
StatusPublished
Cited by10 cases

This text of 83 A. 1095 (Vollum v. Beall) is published on Counsel Stack Legal Research, covering Court of Appeals of Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Vollum v. Beall, 83 A. 1095, 117 Md. 617, 1912 Md. LEXIS 130 (Md. 1912).

Opinion

Beiscoe, J.,

delivered the opinion of tbe Coxxrt.

The original bill, in this case, was filed on tbe lltk day of January, 1910, in tbe Circuit Court for Frederick County by the appellant against tbe ajopellee, to declare a certain deed from them to their mother, Josephine R. Beall, deceased, a trust, and for a sale of tbe real estate, described therein, and tbe distribution of tbe proceeds of sale equally between them.

Subsequently the bill was so amended, as to include in tbe proceedings for sale, two other tracts of land, owned by the plaintiff and tbe defendant, Martina Beall, as tenants in common, for purposes of partition.

Tbe appellant, Mai*ie A. Vollum, and ¡the appellee, Martina Beall, are tbe daughters and tbe only heirs of James H. *619 Beall, late of Frederick county, deceased. Mr. Beall died in the year 1870, intestate and possessed of the three tracts of land described in the original and amended bills. The first tract contained two hundred and twenty-four acres, the second tract one hundred and six acres and the third tract two and one-eighth of an acre, and the three tracts were contiguous and constituted one farm. Mrs. Beall, -the widow, died in the year 1909, leaving a will by which she devised whatever interest she might have in tracts Nos. 1 and 2, to The Union Trust Company of the District of Columbia, to sell and pay over one-half of proceeds of sale to the defendant Martina, and the other half to be paid to the plaintiff, Mrs. Vollum, after the payment therefrom of certain debts due by the testatrix.

On the 30th day of June, 1910, in pursuance of an agreement filed in the case between the plaintiff and defendants, the Circuit Court for Frederick County passed a decree for the sale of all the property mentioned in the proceedings, and directed that the money arising from the sale shall “be disposed of under the agreement filed” in the case. Samuel A. Lewis and John S. Newman of Frederick county, were appointed trustees, to make the sale. The trustees, first offered the three tracts separately at public auction, and reserved the bids, and, then offered the whole tract as one farm, and receiving a higher bid therefor, sold the same in its entirety to the defendant, Martina Beall, for the sum of nine thousand seven hundred and twenty-two dollars and fifty-seven cents, she being the highest bidder therefor.

Subsequently, the sale was reported to the Court and on the 28th of September, 1910, five exceptions and on the 17th of March, 1911, six additional exceptions were filed hv the appellant, to its ratification and after proof taken and a hearing, the Court below overruled all of the exceptions, and ratified and confirmed the sale, except as to a small tract of woodland containing seven acres more or less, and designated as “'Parcel 4,” and as to this tract, the sale was vacated *620 and set aside. And it is from the order ratifying the sale, that the plaintiff has appealed.

While the ratification of the sale, in this case, is objected to for a number of reasons, those mainly relied upon by the appellant are, first, grossly inadequate price, and the sale was unfairly made; second, that the property should not have been sold in its entirety but as separate farms; third, the want of jurisdiction of the Court to decree the sale and the property was not sold in accordance with the decree; and fourth, because of irregularity in the'proceedings. -

We have carefully examined all of the exceptions filed and the grounds urged at the hearing of this case, and are unable to find any sufficient reason for vacating the sale. The rule is well settled that mere inadequacy of price standing alone is not sufficient to invalidate a judicial sale, unless it be so gross and unreasonable as to indicate misconduct, fraud or unfairness on the part of the trustee. The difference of opinion among witnesses as to the value of property, will fur- ' nish no proper ground for disturbing a sale fairly made and if the trustee acts in entire good faith in making the sale. The proof does not sustain the contention of the exceptant that the price for which the property was sold was grossly inadequate and there is nothing to show that the sale was not perfectly fair, in every respect.

The property was extensively advertised in newspapers, published in Frederick county, in Montgomery county, Maryland, and in Loudoun county, Virginia, and also by handbills largely circulated in the above named places. It was advertised as three parcels of land wffiich had been occupied and used as one farm of three hundred and forty-six acres, two rods and nineteen square perches of land, and that it would be offered for sale, first in three distinct parcels, as described, the bids for which would be reserved, and it would then be offered as a whole and sold in the manner, in which the best price could be realized. The sale was well attended by persons who knew the property and who were able to purchase it, if they thought the property, was worth more *621 than it brought at the sale reported by the trustees. A copy of the advertisement of sale was sent and received by the appellant about a week before the day of sale and there was no reason why she could not have attended the sale, in person, as she admits she was at that time in the City of New York.

Mr. Belt who testified in behalf of the exceptant and who lived within two miles of the property and who had been agent, in its management, said, it sold for more than he would give for it, “I attended the sale and it got past my price.” The testimony of the other witnesses for the except-ant is not satisfactory as to the present value of the land, although some of them testified that some of the parcels were worth more per acre than they brought. The seven witnesses produced on the part of the appellee, testified in effect that the land brought all it was worth. These witnesses were all familiar -with the land, several of them owned adjoining properties and attended the sale as prospective bidders.

Nor do we think that the proof sustains the contention that the three tracts should have been sold separately, and not in its entirety as one farm. It was offered in separate tracts, and they bi’ought more as one farm than when offered separately. The mode of advertisement of sale, under the circumstances, could not have affected the price or prevented persons from bidding on the property. There is nothing in either the agreement of counsel as a basis for the decree or in the decree itself which could be construed prohibitive of the mode and method adopted by the trustees for the sale of the property or a departure from the decree itself, in any essential 'particular, so as to prevent a ratification of the sale.

The hids for the property when offered separately, under the facts of the case, furnish a proper basis for the distribution of the purchase money under the agreement and the decree. The fund can be equitably apportioned among tbe several tracts as was the principle and method adopted and approved in Cornell v. McCann, 48 Md. 596.

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Bluebook (online)
83 A. 1095, 117 Md. 617, 1912 Md. LEXIS 130, Counsel Stack Legal Research, https://law.counselstack.com/opinion/vollum-v-beall-md-1912.