The Rural Voice, 1990-06, Page 50NEWS
TODDS HOST SHEEP INFORMATION DAY
Walter Penner, director of technical procedures at United Breeders, Hugh and Jo-
Ann Todd of Lucknow, and Mike O'Neill, event co-ordinator, at the Sheep Informa-
tion Day in Huron County last month. A lamb barbecue was followed by speakers,
including Walter Penner, who discussed the latest in artificial insemination technol-
ogy for sheep. (Below) One would-be participant couldn't get past the fence.
46 THE RURAL VOICE
photos by
W. Merle Gunby
FARMER WINS
ANOTHER ROUND
by Gord Wainman
Kitchener — Second World War
infantry veteran Ken Farrow won an-
other battle May 14 in the war to save his
Tara -area farm.
It was in July of 1988 that Farrow's
fight began. That's when he received a
Bank of Montreal letter demanding full
payment on an operating loan and busi-
ness bond on his cattle and pig farm.
The letter claimed he was in arrears
on his payments when in fact he was
current — and remains current two
years later. In the past three years,
Farrow has even reduced his bond prin-
cipal by some $48,000.
That initial bank letter, admitted
lawyer Duncan Grace in court last
month, was not only wrong, but an
"embarrassment."
However, Grace told District Court
Judge Frank Costello that despite the
error, the bank still has the right at any
time to call Farrow's "demand" operat-
ing loan of about $155,000.
"We have to look at this legally, not
emotionally," Grace said.
Because the 68 -year-old Farrow has
refused to pay the bank, the provincial
government issued the bank a $155,000
cheque under a loan guarantee program.
Farrow's lawyer, Ted Oldfield, has
fought against the bank's cashing of the
government cheque. That would force
Farrow to liquidate his farm so he could
pay back the government.
To keep Farrow farming, Oldfield
has convinced two other judges to ban
the cashing of the cheque until Farrow
has his full day in court. Farrow has sued
the Bank of Montreal for damages and,
among other things, breach of contract.
On May 14, the Bank of Montreal
asked Judge Costello to allow it to col-
lect. The motion was refused.
Ken Farrow flashed a smile at the
decision and the next day decided to
carry his battle beyond the courtroom.
He bought two shares of Bank of Mon-
treal stock at $26.38 each.
This purchase, Farrow explained, is
the price of admission to the next bank
shareholder meeting. There, Farrow
says, he intends to share his story with
other shareholders.0