- 4 - in Africa, during which time he established a small missionary hospital that remains in operation today. Petitioners return to Africa to work at the hospital twice a year, for a month each in the spring and fall. In 1978, Dr. Burrus entered into a partnership, the Foreman- Burrus Hereford Ranch (FBHR), with a fellow physician, Howard Foreman (Dr. Foreman), to breed purebred horned Hereford cattle. Initially, Drs. Burrus and Foreman shared FBHR’s profits and losses equally. In 1980, FBHR acquired 505 acres of property in Cheatham County, Tennessee (Cheatham Property), comprising three separate tracts of land. The Cheatham Property was purchased at $1,200 per acre for a total purchase price of $606,000. Drs. Burrus and Foreman chose this property for FBHR because of its proximity to Nashville and their medical practices. At most times, FBHR was operated by five ranch hands and maintained up to approximately 250 animals. Cattle were bred by FBHR by means of an “embryo transfer” method, which at the time was a technique of surgically implanting embryos in cows.1 After FBHR incurred losses for the first 5 or 6 years of its existence, Dr. Burrus became concerned that the operation could not be run 1 Embryo transfer was subsequently perfected as a less expensive, nonsurgical technique.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011