TERMS & CONDITIONS
1. The Cudd Production & Consignment Sale acts as mediator only. ALL RESPONSIBILITY AND GUARANTEES LIES BETWEEN THE BUYER AND THE SELLER. 2. The highest bidder will be the buyer, and if dispute arises between two or more bidders, the horse in dispute shall immediately be put up again for advance bids. If there are no advances, the horse shall go to the person from whom the auctioneer recognized the last bid. The auc- tioneer will decline any bid made by parties who have defaulted in former purchases, or by persons who, in his judgment are not responsi- ble bidders. 3. Terms of the sale are cash and payment in full must be made to the cashier immediately after the sale. 4. Upon receiving payment for a horse, the cashier will issue an order to obtain delivery. Buyers are cautioned not to lose these orders. Buyers assume all expenses and risks on horses after they have left the auction ring. Buyers must make arrangements with the Cudds for care of stock until it can be removed. 5. Upon failure of compliance with any of the above conditions, the lot shall be resold by public or private sale, and the deficiency (if any) attending such resale shall be made good by the defaulter, immediately. 6. If any person shall purchase a lot and not pay for it as prescribed above, nothing shall prevent the auctioneer or the owner from compel- ling the purchaser to pay for it if the auctioneer or seller shall so deem it. 7. Every effort has been made to assure correctness of the catalog, but the Cudds, sales management, and auctioneers are not responsible for er- rors or omissions, and assume no liability on its part or on the part of the seller as to any statements, either verbal or written, regarding hors- es sold. 8. Registration papers will be given to the buyer as soon as checks have cleared or credit established. THE BUYER SHALL BE RESPONSI- BLE FOR TRANSFER. 9. All known defects will be announced before each horse is started. Eve- ry horse will be sold under this rule. Therefore, no horse can be reject- ed by buyer when struck off by auctioneer. The seller guarantees all mares to be bred to stallions as indicated in the catalog. We believe them to be in foal, but are selling them as they are and without return privileges, unless otherwise stated. 10. Immediately after the horse is sold, it will be the sole risk and responsi- bility of the buyer thereof, but possession of the horse cannot be ob- tained by him until payment in full has been made. 11. Buyers unknown to this firm must furnish current signed letter of cred- it, cash, or cashier ’ s check. 12. Agent ’ s Authorization. Persons acting as agents must so indicate on the Sale Ticket and file an Agent ’ s Authorization in form satisfactory to Cudd Near Dispersal & Consignment Sale simultaneously with set- tlement of the buyer ’ s account. 13. Buyers and spectators are cautioned to be careful while on the grounds and particularly while horses are being shown or sold in the sale ring. The management and Cudd will not be responsible for accidents.
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