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personal property the same annual rent that that company paid to
them in each of the years 1993 and 1994 (i.e., $29,400 for
petitioners’ farmland, exclusive of existing buildings on that
land, and $21,000 for the buildings on that land) and (2) for
petitioners’ 800-head capacity hog barn $21 per head, per rota-
tion of hogs that petitioners processed through that barn.
Pursuant to that modified rental arrangement, the rent that that
company was required to, and did, pay to petitioners during 1995
with respect to petitioners’ 800-head capacity hog barn depended
on the number of hogs that petitioners processed through that
barn. During 1995, as a condition to JJ & P Farms, Inc.’s being
obligated pursuant to the modified oral rental arrangement to pay
rent to petitioners for petitioners’ 800-head capacity hog barn,
petitioners were obligated or compelled to perform petitioners’
farm-related activities in the production by that company of
agricultural commodities by processing hogs through that barn.14
If during 1995 petitioners had not performed any of petitioners’
farm-related activities in the production by JJ & P Farms, Inc.,
of agricultural commodities with respect to petitioners’ 800-head
capacity hog barn and therefore did not process any hogs through
14If during 1995 petitioners became sick or incapacitated or
otherwise were unable to perform for JJ & P Farms, Inc., peti-
tioners’ farm-related activities in the production of agricul-
tural commodities by processing hogs through petitioners’ 800-
head capacity hog barn, that company was not obligated pursuant
to the modified oral rental arrangement to pay rent to them for
petitioners’ 800-head capacity hog barn.
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Last modified: May 25, 2011