Sears is a holding Co. Their main objective is to make money for themselves and the stock holders. They just happen to be in retail sales. Most of the leases they have on their stores are for 99 years. The stores are losing money due to the internet sales. This is the way of the world today. Sears has seen the light at the end of the tunnel and is closing stores and is subleasing the buildings, just sitting back and making money without the hassles of retail sales and employees. Most of Sears leases are 30-40 years old, and they are paying pennies on the dollar for the leased space compared to todays prices. Think of it as cash renting your farm ground. You can make more money leasing the ground to someone else, and you do it without the work and hassles of actually farming it.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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