GRIMSHAW, J.S.C.
On May 10, 1956 the governing body of the Borough of Northvale, purportedly acting under the provisions of N.J.S.A. 40:60-26(a), authorized the sale of the property in controversy. The conditions of sale contained, among others, the following provisions:
"1. That the said property will be sold for not less than the amount set forth in the resolution and advertisement of sale.
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12. All sales shall...
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