THE YOUNG FARMER 



the inheritance of the preferred stock, 

 among the heirs, as he desires. He could 

 give to the son who operates the farm all 

 the common stock, together with what pre- 

 ferred stock he is entitled or the father may 

 desire him to have. The common stock 

 would provide the means by which the 

 income from the farm, which was due to 

 the son's skill and management, might go 

 to him. As time went on the son could 

 acquire additional preferred stock from the 

 father or other heirs, or he could invest his 

 earnings elsewhere, as might seem most ex- 

 pedient. On the death of the parents, the 

 preferred stock would be distributed as 

 inheritance or the will provided without in 

 any way interfering with the continuity of 

 the farm enterprise. If at any time the son 

 desired to discontinue the management of 

 the farm, all he would need to do would be 

 to dispose of his interest in the common 

 stock at whatever he might be able to secure 

 from the man who succeeded to its manage- 

 ment. He could sell or retain his preferred 

 stock. 



42 



