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I. The highest bidder is to be the buyer; and if any dispute arise between two or more bidders, the lot so in dispute shall be immediately put up again and re-sold.
II. The purchaser to give in his or her name and residence, and to make a deposit of 25 per cent., or more, in part of payment, or the whole of the purchase money, _if required_; in default of which, the lot or lots so purchased to be immediately put up again and re-sold.
III. The lots to be taken away and paid for, whether genuine and authentic or not, with all faults or errors of description, at the buyer's expense and risk, within two days from the sale; the Fifth Avenue Auction Rooms not being responsible for the correct description, genuineness, or authenticity of, or any fault or defect in, any lot; and making no warranty whatever, the goods having been on exhibition for two days before sale.
IV. To prevent inaccuracy in delivery, and inconvenience in the settlement of the purchase, no lot can, on any account, be removed during the time of sale; and the remainder of the purchase money must absolutely be paid on delivery.
V. Upon failure of complying with the above conditions, the money deposited in part of payment shall be forfeited; all lots uncleared within the time aforesaid shall be re-sold by public or private sale, and the deficiency (if any) attending such re-sale shall be made good by the defaulter at this sale.
WM. B. NORMAN, _Auctioneer._
Transcriber's Note: Item 172 did not exist in the catalogue.