Remember about ten years ago a farmer paid the local elevator to store his bean. While the beans were there the elevator co. went bankrupt and the judge said all the beans would be sold to pay the creditors. Farmer and others howled that the beans were not the property of the elevator they had been paid to store them, the beans were the property of the farmer. Judge disagreed. Farmer took his truck to the elevator broke off the lock and took his beans home. He got thrown in jail. The analogy was made of a guy paying to park his car in a parking garage and before he gets back the garage declares bankrupcy and the judge rules the cars will be sold to pay the garages creditors.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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