LAND TENURE AND LAND POLICY 



66l 



The advisability of buying a farm as an investment with the 

 intention of not living on it is often a perplexing question. 



Variation in the profits of landlords. Table VI gives the variation 

 in the landlord's returns in the three states studied. 



TABLE VI 



VARIATION IN PROFITS OF LANDLORDS ON 247 TENANT FARMS IN INDIANA, 

 ILLINOIS, AND IOWA 



Out of 247 men 6 received less than i per cent on their invest- 

 ments. The same number received between 7 and 8 per cent; none 

 received over 8 per cent. It is clear that no phenomenal returns can 

 be expected from capital put in farm land in those states at the present 

 time. It is believed that the data in Table VI are a very good nidi- 

 cation of the returns one may expect from a farm investment in those 

 districts. The chances of making more than 5 per cent are about 

 i in 10. 



Date 



210. A LIBERAL STOCK-SHARE LEASE 1 



Made this th day of February, A.D. 19 , by and between 



of 



County, Iowa, lessor, and of 



County, Iowa, lessee. 



Description of Land. 



WITNESSETH: That the said lessor has this day leased to said lessee, 



his heirs and assigns, the following land, to-wit: 



Acres. 



Type of Farming. 



This leasing arrangement is known as "Share Plan," and the premises 

 to be used as grain, stock and dairy farm principally. 



1 From Bulletin 159, Iowa Experiment Station. 



