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HOLT v. CITIZENS CENTRAL BANK

688 S.W.2d 414 (1984)

Hoyte M. HOLT, Appellee, v. CITIZENS CENTRAL BANK; Donald E. Moser, Trustee; Richard E. Leddy, Substitute Trustee; Charles H. Lowe and wife, Johnnie Mae Lowe; Furman W. Elgin and wife, Olive C. Elgin; and Wendell T. Rowland, Trustee, Appellants.

Supreme Court of Tennessee, at Nashville.

Rehearing Denied April 22, 1985.

Attorney(s) appearing for the Case

Richard Leddy, Jim K. Duncan, W. Kennerly Burger, J. Mark Rogers, Murfreesboro, for appellants.

Patrick J. McHale, Murfreesboro, for appellee.

OPINION

FONES, Justice.

Plaintiff brought this action to set aside a foreclosure sale on the ground of inadequacy of price so great as to shock the conscience of the court. The trial court found that the inadequate sale price shocked its conscience, but that no irregularity or unfair circumstance was shown and refused to set aside the sale. The Court of Appeals agreed with the trial court's findings of fact but held that inadequacy of consideration so great...

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