Starting Out: Loans, Buying Grandfather's Land, & Tenant Farming

Howard Lanan>NIU Collection>NIU Collection, Segment 12

Starting Out: Loans, Buying Grandfather's Land, & Tenant Farming,

duration 01:19

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LAND ACQUISITION
Graduated from college and returned home in 1938. Grandfather helped Howard borrow money ($400 from Cemetery Association at 4% interest) to get Howard started (purchase machinery, livestock, etc. for $7000) farming on Grandfather's land. Grandfather & Howard shared the crops & livestock sales 50-50. Pigs were sold "$7.50 per hundred."