Clark v. Trust Company,
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100 U.S. 149 (1879)
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U.S. Supreme Court
Clark v. Trust Company, 100 U.S. 149 (1879)
Clark v. Trust Company
100 U.S. 149
1. If duly advertised and fairly and properly conducted, a trustee's public sale of lands to a corporation which was the payee of the note secured by the deed of trust will not be set aside merely upon the ground that they brought
a grossly inadequate price, and that he then and at the date of the deed was the actuary of the corporation, if the deed was made to him as an individual, and he, as such, and not in his official capacity, accepted and executed the trust thereby conferred.
2. Where a trustee's sale is valid, the title passing thereunder should be conveyed to the purchaser by a deed properly made and acknowledged.
The facts are stated in the opinion of the Court.