Auctioneer


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AUCTIONEER, contracts, commerce. A person authorized by law to sell the goods of others at public sale.
     2. He is the agent of both parties, the seller and the buyer. 2 Taunt. 38, 209 4 Greenl. R. 1; Chit. Contr. 208.
     3. His rights are, 1. to charge a commission for his services; 2. be has an interest in the goods sold coupled with the possession; 3. he has a lien for his commissions; 4. he may sue the buyer for the purchase-money.
     4. He is liable, 1. to the owner for a faithful discharge of his duties in the sale, and if he gives credit without authority, for the value of the goods; 2. he is responsible for the duties due to the government; 3. he is answerable to the purchaser when he does not disclose the name of the principal; 4. be may be sued when he sells the goods of a third person, after notice not to sell them. Peake's Rep. 120; 2 Kent, Com. 423, 4; 4 John. Ch. R. 659; 3 Burr. R. 1921;.2 Taunt. R. 38; 1, Jac. & Walk. R. 350; 3 V. & B. 57; 13 Ves. R. 472; 1 Y. & J. R. 389; 5 Barn, & Ald. 333; 1 H. Bl. 81; 7 East, R. 558; 4 B. & Adolph. R. 443; 7 Taunt. 209; 3 Chit. Com. L. 210; Story on Ag. Sec. 27 2 Liv. Ag. 335 Cowp. 395; 6 T. R. 642; 6 John. 194; Bouv. Inst. Index, h.t.

References in periodicals archive ?
Bought-in: When a lot does not sell at an auction, the item is bought in by the auctioneer.
The Convention will feature vendor displays and workshops for the auctioneers and guest speakers who will educate attendees on such topics as voice care, online technology and bid calling.
John is an excellent auctioneer who exemplifies the best of his profession and is an asset to our industry," noted outgoing NAAA President Ellie Johnson, daughter of veteran auctioneer and auto auction owner Kenny Aycock, who was the first recipient of the Hart memorial award in 2000.
Hodgins Auctioneers, based in Melfort, SK, is a supplier of professional auction services.
Seven people now hold the foundation degree for auctioneers and valuers, which was initiated by the Livestock Auctioneers Association (LAA).
Then one afternoon a senior auctioneer came up to me and said I was to take the auction that was scheduled for the next morning.
The week of July 7-12, auctioneers from the across the world will travel to Tennessee for the 59th International Auctioneers Conference & Show.
This year, the NAA celebrated the 25th anniversary of the International Auctioneer Championship (IAC) competition, which crowns the world's top male and female auctioneers.
The third Saturday of April marks a special day in the lives of Auctioneers throughout the United States, National Auctioneers Day.
is the world's largest auctioneer of industrial equipment, operating through over 110 locations in more than 25 countries around the world.
Be sure to inspect and ask the auctioneer and their staff questions.