Starting Out: Loans, Buying Grandfather's Land, & Tenant Farming
Howard Lanan>NIU Collection>NIU Collection, Segment 12
- 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."
