The terms of this chapter do not include the acts of persons selling personal property at wholesale to dealers in those articles, nor to newsboys, students on school class projects, nor to acts of merchants or their employees in delivering goods in the regular course of business. Nothing contained in this chapter prohibits any sale required by statute or by order of any court, or prevents any person from conducting a bona fide auction sale pursuant to law.
(`82 Code, § 8-3-3)