Upon receipt of the money by the trustee as provided in §38-5-119, the trustee shall place it to the credit of the county. If it is other property, the trustee shall, within three (3) months, sell it at the courthouse of the county, at public auction, upon reasonable public notice, and shall, in like manner, place the proceeds to the credit of the county.
Code 1858, § 5316; Shan., § 7294; Code 1932, § 11895; T.C.A. (orig. ed.), § 38-420.