Re: what to do about lost cattle

Posted by James Howell on April 08, 2009 at 11:44:10 from (144.162.41.170):

In Reply to: Re: what to do about lost cattle posted by Mike (WA) on April 08, 2009 at 09:48:34:

Years ago in previous life I was a banker.

Every year the "feds" would come down and "review" the bank's operation.

This was a rural bank with more than a few timber loans and of course several cattle loans.

Well as you might guess I ended up drawing the short straw on taking the "feds" on cattle inspections.

We met one of my bank customers, a well-known rancher in the community, at one of his grazing pastures.

He honked the horn on his truck and cows came from everywhere.

The young man from the Federal Reserve Bank seemed puzzled and asks me "How do you know these are his cows?"

Deciding to have a little fun, I replied "Because they have been trained to recognize only the sound of his truck horn."

Giving me another strange look he asks "How can you be sure of that?"

I smiled and replied "Just look across the road at the cows in the other field; they have not run up to the fence like his cows."

Now we get down to business with the cattle inspection itself.

The young man reads the loan documentation and asks "How do you know which of these cows secure this loan?"

I smiled again and replied "The fattest ones secure the bank loan, the "poor" ones belong to him."

By this time I admire the young man for trying to get "one up" me.

The young man reads the loan documentation once again, but much closer this time.

This time he smiles and asks "How do you know there are 100 cows here?"

I smiled and replied "The quickest way is to count teets and divide by 4."

Thankfully the young man took it all in good spirit.

He called on me several times when he had questions about cattle loans and timber loans. that he was reviewing at other banks.

That is one of my favorite banking stories.

Replies:

• Re: what to do about lost cattle Mike (WA) 12:49:23 04/08/09 (0)

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