Sales catalogue: Samuel Wallrock & Co

Date:
30 June 1924
Reference:
WA/HMM/CM/Sal/24/397
Catalogue details

Licence: Public Domain Mark

Credit: Sales catalogue: Samuel Wallrock & Co. Source: Wellcome Collection.

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    ECONDITIONS OF SALE. 1. The highest approved bidder shall be the buyer sub- ject to the reservation that the Auctioneer shall have the right (a) to regulate the amounts of the biddings, (b) to reject any bids, (c) to determine in his absolute discretion all disputes regarding the biddings or any other matter arising under these Conditions, and also (d) to bid for, withdraw, consolidate, divide or alter the order of any lots. 2. Each buyer is to pay down tf required 5/- in the £ as a deposit and in part payment of the price and to give in his name and address, in default of which the lot or lots previously purchased by him may be put up again and resold. The deposit so paid shall be held by the Auctioneer as a general deposit in respect of all lots bought by such buyer. 3. Each lot shall at the fall of the haramer be considered as delivered and at the sole risk and expense of the buyer but no lot shall be removed until the whole amount of the buyer’s account shall be paid in full. Payment shall be made to the Auctioneers or the person appointed by them to receive payment. 4. The lots will be sold with all faults, and errors of* description. All descriptive statements contained in advertise- ments or catalogues or made by the Auctioneers before or at the time of sale are to be taken as expressions of the Seller’s or Auctioneer’s opinion and not as warranties; no warranty of any kind shall be implied and no allowance whatever shall be made for errors, misstatements or misdescriptions of any kind whatever. Anyone buying without previous inspection does so at his own risk. 5. All lots must be paid for and cleared at the buyer’s expense within one day after the sale, in default of which the Auctioneers will not hold themselves responsible if the lots be lost, stolen, damaged or destroyed, but they will be left at the sole risk of the purchaser. Any damage to the premises, or to any other lot or property, caused by removal (or otherwise) must be made good by the person committing the same, prin- cipals being considered responsible for the acts of their servants or agents. 6. If any lot be not cleared within the time above specified (time being for this purpose of the essence of the contract) the buyer shall be liable to the Auctioneers for all cost of cartage, storage or other expenses occasioned by such default, together with interest on all amounts so expended at the rate of 5% p.a. from the date of sale until the time of payment. 7. No lot shall be removed during the time of the sale or until the end of the day or last day (if more than one) of the sale. 8. The Auctioneers will not recognise the transfer of any lot from one buyer to another. LASTLY :—If any buyer neglects or refuses to comply with the above conditions or any of them his deposit shall be absolutely forfeited, and his lot or lots may at the option of the Auctioneers and without prejudice to his other rights be resold without notice by public auction or private contract, and any loss occasioned by such resale together with all expenses attendant thereon or arising under these Conditions shall be paid by the buyer in default and be recoverable as liquidated dasnages.
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