Harington Bart v Hoggart: 29 Jul 1854

An auctioneer who is employed to sell an estate, and who receives a deposit from the purchaser, is a mere stake-holder, liable to be called upon to pay the money at any time ; and, therefore, although he place the money in the funds and make interest of it, he is not liable to pay such interest to the vendor when the purchase is completed ; though the vendor (without the concurrence of the vendee) gave him notice to invest the money in Government securities.


[1854] EngR 785, (1854) 5 Giff 13, (1854) 66 ER 902




England and Wales


Updated: 07 May 2022; Ref: scu.293642