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HomeMy WebLinkAboutThe Brussels Post, 1979-10-17, Page 16AND THE BAND PLAYED ON — The Brussels Legion Pipe band was just one of many musical entertainments at the recent Celidh held in the Brussels Legion. (Brussels Post Photo) How to pick the perfect pumpkin Farm business topics Business agreements BY MEL CHAMBERLAIN, AGRICULTURAL REPRESENTATIVE, WELLINGTON COUNTY You say--a farm business agreement can be made easy? Perhaps a misleading statement--but there are some things you can do to make it easier. Let's talk about a very common situation--a farm family wishing to bring a 20 year old son into the business. Son has probably worked for Dad for a year or two and received wages. His interest is sincere and father and son seem to be able to get along. How do you give son more responsibility, a share of the income and some idea of what the future holds? These ,points may make it easier. 1. Talk about it--as a family, to clarify the wishes of each other. Decide if income is sufficient for the possibility of two families. If not, can the farm business be enlarged to increase the income sufficiently? 2. Think about a farm business agree- meet. Keep it simple! Talk to your O.M.A.F. staff, your accountant and lawyer to help you decide what is best for you. 3. Son will probably wish to own assets--sell or give him some. A breeding herd appreciates in value. You can sell son part of the herd and take a demand note back. He can pay for the livestock over a period of years. Farmers on the cash basis declare income or expenses when payments are made. As the son makes payments on the note, he has a current expense and the father has a current income. Another idea would be to sell one of the farms to the son. Capital gains can be deferred and there is no longer a gift tax to worry about. Or the son may acquire owner-ship of some machinery. 4. Assets should be owned individually. Father and son contribute their assets to the business and it is operated as one unit. 5. A farm bank account is a must. All income and expenses should go through the account. Your record keeping will be easier. Monthly cash advances can also be drawn from this account for personal requirements. 6. Appoint someone to keep the records and make proVision to have other family members inspect the records periodically. 7. Divide the net cash income at the end of the year as previously agreed upon the I each individual file a separate income tax form. 8. Reviewthe agreement annually and revise as needed. A bulletin entitled "Farm Business Agreements and Asset Transfer" is available from the Ontario Ministry of Agri culture and Food offices free of charge. It is easy to read and is an excellent reference. 10 THE BRUSSELS POST, OCTOBER 17, 1979 BARBER SHOP Now Open at Jack's Sunoco Tuesday to Saturday 9:00 a.m. to 12:00 1:00 p.m. to 6:00 p.m.. Mr. Livingston I Presume ... 887-6641 about everything is there! Brussels Post We wouldn't be surprised if Stanley found the missing Living- ston through our Classified Ads. Just WEEKLY SALE BRUSSELS STOCKYARDS LTD. EVERY FRIDAY At 12 Noon Als- Phone 887-6461 Brussels, Ont. October 21st` is the light bulb's 100th birthday. Why not give it the day off. ontano hydro BERG I T ales Service) Installation FREE ESTIMATES I ° Barn Cleaners 1 ° Bunk Feeders ° Stabling I , Donald G. Ives L I Brussels/887-9024 ,=•=0 01101••111 10•••• WW1 Correspondent MRS. GEORGE BROWN 335-3424 INTENDED FOR LAST WEEK Mrs. Isabelle Adams and Mrs. Nellie King have re- turned home from a trip to Cape Cod and Boston. The Gorrie Branch of the Bible Society held their meeting in the Anglican church Tuesday evening with Rev. 0. Laramie leading the devotions. Business was dealt with and canvassers will be out in the area in the next few weeks. Thanksgiving Service was held in Gorrie United Church Sunday with Rev. Howard G. Pace of Harriston conducting the service in the absence of Rev. E. Fellows who is a patient in University Hosp- ital, London. Mr. and Mrs. Lawson Campbell of Georgetown visited Sunday with Mr. and Mrs. Harold Robinson. Mr. and Mrs. Maloney and Christopher of Bramalea spent the weekend with Mr. and Mrs. John McCutcheon. Mrs. Elva Jacques spent Sunday with Mr. and Mrs. Lewis Taylor and family at Hawkesville. Mr. and Mrs. Charles Bosnian, Wingham and Mr. and Mrs. Bert Garniss of Morris Twp. visited with Mr. and Mrs. Melville Dennis on Sunday. Mr. and Mrs. Raymond Gowdy spent Sunday with Mr. and Mrs. Attwood, London. Chief Warrant Officer Glenn and Mrs. Austin, Petewawa spent ten days with his mother Mrs. Wm. Austin. Miss Joanne Austin and Robt. Mowforth of Toronto visited at the same home over the weekend and all visited Mr. and Mrs. Wm. S. Austin, Tillsonliurg on Thanksgiving Monday. Mr. and Mrs. Mike Harrison spent the weekend Ontario consumers can now buy pumpkins at farmers' markets. Most pumpkin- varieties do not Every week more and more people discover what mighty jobs are accomplished by low cost Post Want Ads. Dial Brussels 887-6641. with Mrs. Glad Edgar. Mr. and Mrs. Wm. Smith have returned home after spending two months in England and Scotland where they visited many relatives and friends. Mrs. Harvey Oakes, Ham- ilton, Mrs. Wm. Tinsley, Mrs. Wm. Lucas and George of Burlington' were dinner guests on Sunday with Mr. and Mrs. Archie Miller and also attended the fiftieth wedding anniversary of Mr. and Mrs. Ken Hastie. Mr. Cecil Grainger of Brookhaven, Wingham spent Sunday at his home. Mr. Bruce Grainker, Montreal, spent the weekend with his parents. Mr. and Mrs. Thos. Hastie and Doug of Woodbridge spent the weekend with Mr. and Mrs. Robt. Hastie. Mr. and Mrs. Milton Smith accompanied them to Gorrie and spent the weekend with Mr. and Mrs. Ken Hastie. store well for any length of time, unless specially cured. They must be processed immediately after harvesting or enjoyed fresh. Small pumpkins with high sugar content are best suited for cooking purposes. The pumpkin is so closely related to squash that processors often combine the two for complementary flavor and texture. "When buying pumpkin to make pie, the consumer should look for well-matured, blemish-free produce," says Prof. H. Tiessen, Depart- ment of Horticultural Sciences, Ontario Agricultural College. Avoid pumpkins with cracks or rot, and those with signs of disease or freezing. Look for clean pumpkins with rich, orange color. "There is really no distinction in flavor between a pie pumpkin and a large jack-o'-lantern pumpkin," says Prof. Tiessen. "Large pumpkins are just easier to carve." - The specialty crop matures throughout the summer like other vine crops, and is usually harvested by hand in October. Early fall frosts do not affect mature pumpkins, only the foliage. Many farmers in Kent County are contracted to grow pumpkins for processing. In this con- centrated area, one mechanical harvester pulls the pumpkins from the vines and de posits them in straight windrows. They are scooped up by another piece of equipment and conveyed into a truck. About 550 hectares (1,350 acres) of pumpkins were harvested in Ontario last year according to Nick Roller of the Ministry's economics branch. Pumpkins and squash for processing were worth $420,000 to Ontario growers. R.R.#2, Blyth Phone: Gorrie ladies home from Cape Cod *Ori October 21, 1879, Thomas Edison invented the light bulb.