Excerpt from Farm Contracts Between Landlord and Tenant The subject of farm lease contracts between landlord and tenant is one of the most important and at the same time one of the most neglected subjects which the farmer has to consider. In Ohio almost thirty percent, of the farms are occupied by persons other than the owners; in Kansas over thirty percent.; in Texas and Oklahoma more than fifty percent.; and throughout the United States the proportion of farms let to tenants is very large. From these facts it might be expected that the leasing of farms would be reduced to a system. But such is not the case. On the contrary the way of leasing farms is very unsystematic Loose methods are still in use. These methods are in many cases the same which were in use in the early history of the country. They often include the same ratios for division of crops which were adopted then and do not take into account the newer methods of agriculture, the greater equipment needed and the variations in labor required for different crops and for different kinds of farming. Economic principles have not generally been applied to the sharing of profits between the landlord and the tenant. Nor is there any very general knowledge of the rules of common law, or of the customs of the locality, of the statutes pertaining to the subjects involved in the relationship of landlord and tenant of farms. Nor is it generally known that these rules and laws in the absence of any agreement to the contrary become a part of the lease even without any stipulation to that effect. Farms are generally leased by mere verbal agreements which are often vague, incomplete and incapable of proof. The terms are easily forgotten and often denied and avoided. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

The wide collection of disciplines and periods represented in this five-volume set make it an ideal companion for courses in intellectual and legal history, political history, economic history, and common and constitutional law. The essays involved offer insightful understanding into the evolution of liberty and property in ways that are accessible to students without a strong technical background in economics, philosophy, or law. They contain probing evaluations of the central problems of legal and political thought that should prove of value to advanced students and specialists in these fields. Volumes also available individually. Volume 1. Classical Foundations of Liberty and Property (0-8153-3555-5) Volume 2. Modern Understanding of Liberty and Property (0-8153-3556-3) Volume 3. Private and Common Property (0-8153-3557-1) Volume 4. Contract-Freedom and Restraint (0-8153-3558-X) Volume 5. Constitutional Protection of Private Property and Freedom of Contract (0-8153-3559-8)

A theoretical and empirical study of agricultural contracts and organization based on the transaction cost framework.

Abstract: When contracts are incomplete, relationship-specific investments may be underprovided due to the threat of opportunistic expropriation or holdup. The authors find evidence of such underinvestment on tenanted land in rural Pakistan. Using data from households cultivating multiple plots under different tenure arrangements, they show that land-specific investment is lower on leased plots. This result is robust to the possible effects of asymmetric information in the leasing market. Greater tenure security also increases land-specific investment on leased plots. Moreover, variation in tenure security appears to be driven largely by heterogeneity across landlords, suggesting that reputation may be important in mitigating the holdup problem.

James Fenimore Cooper's WESTERN CLASSICS Ultimate Collection is a literary treasure that consists of 11 novels in one volume, showcasing the author's mastery in the historical romance genre. Known for his vivid descriptions of the American wilderness and complex characters, Cooper's Leatherstocking Tales transport readers to the frontier of early America, exploring themes of nature, culture clash, and morality. The omnibus also includes lesser-known works like The Littlepage Manuscripts Series and The Wept Of Wish-Ton-Wish, providing a comprehensive view of Cooper's contribution to American literature. With his rich prose and engaging storytelling, Cooper crafts an immersive reading experience that stands the test of time. Fans of classic American literature and historical fiction will be captivated by the depth and authenticity of Cooper's narratives.