Section 43-2-416
When bid rejected and sale postponed.
When the highest amount bid for the property, or any part thereof, is, in the opinion of the executor or administrator, greatly less than its fair value, he may withdraw the property and postpone the sale.
(Code 1896, §148; Code 1907, §2612; Code 1923, §5839; Code 1940, T. 61, §234.)