Auctioneer


Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.

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 ?
As an IPL auctioneer I mad good reputation and rapport with the stakeholders, who all treated me as their friend".
FOR OUR July meeting Cossington WI welcomed Mr Rik Alexander of Hansons Auctioneers and Valuers Ltd who spoke on "Life behind the scenes at an auctioneers".
In celebration of its 19th inaugural anniversary, Asia International Auctioneers, Inc.
"In 1980, Joe decided to attend the Missouri Auction School and received his TN apprentice auctioneer license," Canning said.
Endaf Jones, Beeston Castle AUCTIONEER OF THE YEAR A farmer's son from Brynsiencyn, Anglesey, Endaf was always determined to be a livestock auctioneer.
Ryan said: "By trade, I am a fine arts auctioneer. I have a fine arts valuation diploma and degree.
All bids should not be public even if auctioneer announces a winner in the opening phase.
International Resource News-August 3, 2016--Ritchie Bros acquires Petrowsky Auctioneers
Minimum auctioneer fees were set at e1/450 per auctioned property, and capped at e1/4300.
The auctioneers and valuers is inviting bidders to come along to the first of them in Birmingham on June 13.
Straight Auctioneer, Sturbridge Host Hotel, 366 Main St., Sturbridge
Julie Sedgewick, organiser of the NSSS, said: "The aim of this challenge is to add an extra dimension to the auctioneer's skills, and to see if they can show an animal that they would normally sell in a sale ring.