Sale of distrained personal property.
Section 70
SEC. 70. Sale of distrained personal property.—Property seized upon process under Section sixty-eight hereof shall, after due advertisement, he exposed for sale at public auction to the bidder, and so much of the property shall be thus sold as may be necessary to satisfy the tax, penalty, and cost of the seizure and sale. The purchaser at such sale shall acquire an indefeasible title to the property. Advertisement in such cases shall be given by notice stating the name of the owner of the property to be sold, date, time, place and cause of the sale, posted for twenty days before the date of the auction at the main entrance of the city or municipal hall, or municipal building, and at a public and conspicuous place in the barrio or street where the property was seized, and announced by crier at the market place at least three market days before the auction sale. The sale shall take place, in the discretion of the provincial or city treasurer or his deputy, either at the main entrance of the municipal building or city or municipal hall or at the place where the property was seized. If no satisfactory bid or no bid at all is received in the place mentioned, the distrained property may be sold anywhere in the province or city at public auction, after the advertisement and due notice to the owner of the property.