24 BULLETIN 650, U. S. DEPARTMENT OF AGRICULTURE. 



of all crops and products of a given farm rather than different 

 fractions for different crops. A study of actual leases shows that, 

 aside from large estates where a uniform contract is prescribed for 

 all tenants on a given estate, there are rarely two lease contracts 

 containing identical stipulations. 



Leases vary in their main features and in almost innumerable less 

 important details. They differ in the method of sharing equipment, 

 .expense, and proceeds. They show how greatly varied have been 

 the attempts to balance one item of expense or equipment with 

 another. They may specify a long list of items of expense, equip- 

 ment, privileges, perquisites, restrictions, reservations, etc., which are 

 not shared but are to be borne or enjoyed exclusively either by the 

 landlord or by the tenant. The money value of these expenses and 

 privileges can not be known in advance, but only at the end of the 

 year. These items may amount in the aggregate, however, to an 

 important sum for both parties. 



In some cases no items of expense or privileges are shared. In 

 such leases the items are merely divided between landlord and tenant 

 in a manner which is supposed to be more or less fair. The landlord 

 may pay for the fertilizer, lime, grass seed, twine, etc., while the 

 tenant pays for thrashing, grain seed, blue vitriol, and fuel. Both 

 the tenant and landlord may enjoy a large number of privileges of 

 which the money value is not determined nor even approximately 

 estimated. 



SAMPLE STOCK-SHARE LEASE. 



Farm leases examined during this study vary in length from 1 

 to 14 typewritten pages, according to the amount of detail which 

 the contracting parties wish to specify. The following is a sample 

 stock-share lease form for use on farms on which live stock is owned 

 in common, as adopted by the landlord-tenant conference under the 

 auspices of the Winnebago County Farm Improvement Association, 

 held at Rockford, 111., January 31, 1916. It does not contain a clause 

 stating how the lease may be renewed, but otherwise is sufficiently 

 detailed. 



This indenture, made and entered into this — day of February, 191-, by 



and between , party of the first part, lessor, and , 



party of the second part, lessee, 



Witnesseth, that the first party in consideration of the agreements and stipu- 

 lations hereinafter mentioned to be kept and performed by the second party, 

 has leased and does by these presents rent and lease unto the second party, the 



following described real estate situated in the county of and the State 



of , to wit : 



(Example: NE. — sec. — , T. — , R. — , containing acres.) 



To have and to hold the said premises unto said second party from the 1st 

 day of March, 191- at 12 m., to the 1st day of March, 191-, at 12 m., being 



