Ferguson got his patent on the three-point concept in 1926, and fabricated one to go with it. I can't find any record, so there's no telling how it compared to/how closely it resembled the one that made it onto the early Fords.
That said, if your grandfather had the same idea on his own, good on him. If he saw the Ferguson model and had his own ideas about how to improve on it so that folks in the neighborhood had him fab up for them, that's good, too. If there's anything to the legend, it sounds like he was a clever and industrious sort of fellow, whether he came up wit the original concept or not.
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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