I am in the trouble you dicribe. My brother and I both want to take over Dad"s farm. Both of us work in town and help out on the farm when ever possible but niether of us have the capital to buy any of dads equipment or land. We have been to a few land auctions and it has just been to much for us to afford. 9000-12000 an acre Dad is getting ready to retire and does not want to take on any big debt. After a long discusion with the tax man this is what he proposed. Dad puts his farm into a corperation and my brother and I buy shares untill Dad has been bought out of shares. Operating capital stays in the corperation and dividends are paid to share holders.
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Today's Featured Article - My Ford Golden Jubilee - by Troy Estes. This article is about my '53 Ford Jubilee and a story that starts with taking the tractor to my brother's Starter/Alternator Rebuilding shop for a wiring fix. The generator was shot as well as all the wiring. I dropped off the tractor expecting a transformation from a 6 volt to a 12 volt system utilizing the original generator housing, and a total rewiring of the whole tractor. The front end center pin bushing was worn also so I ask that they replace it if they had time. Well, that’s wha
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