means the offering for sale or selling of personal property to the highest bidder, or offering for sale or selling of such property by the method known as "down hill selling." By down hill selling is meant the first offering of an article at a higher price and then offering the same at successive lower prices until a bidder is secured.
is a person who offers for sale at an auction sale any personal or real property.
shall also include a sale in which, instead of the bidders making increasingly higher bids for an article or articles of merchandise, the seller or auctioneer announces a price at which he or she will sell one or more articles of merchandise and then, if no sale occurs, increasingly adds additional articles or merchandise to those originally offered, with or without varying the previously announced price, until a buyer is finally induced to buy the accumulated articles at the price fixed.
The words "auctioneer" or "auction" shall not include any person making any sale or any sale made by virtue of or pursuant to provisions of any law of the United States or the State or pursuant to the provisions of any order made by any court of the United States or the State or by virtue of any mortgage or a deed of trust or other lien. The word "person" when used herein shall include the plural and shall also include "firm" or "corporation." |
(Prior code § 6-084)