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Re: Half the horse
As someone scarred for life by breeding two litters of dogs, I say "amen" to
----- Original Message -----
Sent: Wednesday, March 15, 2000 12:33 PM
Subject: RC: Half the horse
> k s swigart email@example.com
> The way that I maintain some semblance of control of the horses
> that I breed and sell is to sell only half the horse. There is
> a partnership agreement between me and the "buyer" on the rights
> and responsibilities of the parties to the partnership. Who pays
> for what under what circumstances, etc.
> These horses cannot be sold without the permission of both
> partners, cannot be shown, cannot be bred, etc.
> The effect of this is that you have to (like in any partnership),
> choose to sell your horses only to those people who you are
> willing to be in partnership with (and are willing to be in
> partnership with you). You have to decide in advance the extent
> to which you agree on how horses should be cared for, etc. Think
> up in advance contingencies and "exit strategies," consider and
> discuss in advance the costs of running the partnership and who
> will be responsible for those costs. Decide whether you want to
> insure the actions of the partnership in order to mitigate
> financial liability on the part of the partners. And have it
> specifically laid out what happens to the partnership and the
> shared assets if one or both of the parties doesn't hold up its
> end of the agreement.
> Does this mean that you have to trust the people you sell horses
> to (or buy them from)? Yep. But if I don't trust somebody
> to be my partner, I doubt I would trust them with my horse. If
> I didn't trust somebody to take care of a horse that I "leased"
> to them, I certainly wouldn't trust them to properly take care
> of a horse that I sold to them.
> I don't breed a lot of horses, but the ones I do breed I consider
> my responsibility for as long as they live; which doesn't mean
> that I cannot also find other people who agree with me on the
> way horses ought to be treated that will share that responsibility
> with me during the course of the horse's life...but all the money
> from any horse that I have sold goes straight into an escrow
> account on the off chance that I have to give it back (one of the
> terms of all the partnership agreements) if the person doesn't
> want the horse anymore. So far, I haven't had to give anything
> back, or to take on any temporary expenses (which is also part
> of the partnership agreement). I figure, when the horses that I
> have bred die, I will have a nice retirement fund :).
> And there would be a lot fewer unwanted, uncared for horses out
> there if their breeders understood that by bringing the horse
> into the world, they are responsible for ensuring its care for
> its entire life.
> Orange County, Calif.
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