I'm interested in starting a new farm club. It will start out as a stock club and when when we have enough money for a down payment on a quarter of farm land, and see that we can make payment on it to get it paid for.
We'd start out as a stock club as with a min of 20 dollars per month,. don't ad up very fast but can buy stock with any amount. (I'm a member of a stock club with the 20 dollars per month min. which is over 100,000 now) rule would be that you need to deposit 20 dollars every month and you can not own over 20% of the club. Voting will be equall to each dollar invested. That way it will take at least 3 people to deside what we do next. Meetings or ideas will be descussedr once a month. When we get enough stock or money in the bank to make a down on some land, we'd vote to deside what we want to do. Farm our selves or rent out.
As a stock club the value of the stocks will be knowned but if you want out at any time we'd sell stock and pay you less 3 %. After we buy land we will have to agree how to let someone out if they want. Email me meet me here pigeoncitytx@yahoo.com
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