My Dad was pretty tight all his life, and in the 80's he quit farming with his brother since Dad bought a larger farm about 20 miles away and we moved. His brother raised lots of pigs and had a half section of land he was buying. His banker told him that he could build a new house in the summer of '82, so they got everything together and got it all framed up before winter hit. Many times my Uncle went in to the bank to get the loan finalized, but there was always something they were waiting on. Well, the new year rang in and interest rates shot through the roof.
By the time the loan was finalized his interest rates were up 10%, all due to the banker putting everything off that fall. My Uncle was sold out 3 years later all because of that new house.
As the years have progressed, one of my Uncles sons committed suicide, and the other 3 boys have all moved from the area. My Uncle has went a little senile and blames my Dad for buying some things on his auction, as well as things Dad has had from their Father's auction back in the 70's. It split the family up and I know my Dad is hurting. He bought back some things that were Grandpa's on the Uncle's sale...
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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