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 - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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