Transfer goats and chickens to co-op ownership

From MediaWiki

Jump to: navigation, search
This has been agreed among those involved by unanimous consent on 20101229.
Since it has been agreed, the page is locked.
Contact WikiSysop to make small corrections (spelling, grammar, etc.) or add an agenda item to re-visit this agreement at an appropriate meeting.

We've submitted a business plan for the co-op that includes income from goats and chickens. But the goats and chickens (and associated infrastructure) are currently owned and cared for by Carol and Jan. Carol and Jan bear all expenses and receive all income from the goats and chickens.

Carol and Jan request that the goats and chickens and associated infrastructure be transferred to co-op ownership. Jan and Carol will receive Class B Investment shares for the fair market value of the goats, chickens, and associated infrastructure, according to the following itemized list.

Operationally, things will continue as before, except that the income and expenses will be run through the co-op. The co-op will pay all goat and chicken expenses, and Carol and Jan will re-imburse the co-op for those expenses. The co-op will receive all goat and chicken income, which will be paid to Carol and Jan as invoiced.


  • Farm income that is currently "off the books" will be properly accounted for, which will better show our farm's economic potential to lenders and investors.
  • The co-op can legally distribute raw milk via a herd-sharing class of shares, to be worked out.


  • There may be tax implications.


Item Quan Who Each Total
pregnant doe, in milk 3 Jan $300 900
pregnant doe 1 Jan $250 250
doeling 2 Jan $100 200
milking stand 1 Jan $300 300
milking parlour tent 1 Jan $250 250
electric fence 1 Jan $300 300
Total Class B Shares, Jan . . . 2,200
laying hen 25 Carol $15 375
rooster 1 Carol $10 10
mobile coop 1 Carol $200 200
mobile fencing 1 Carol $100 100
Total Class B Shares, Carol . . . 685

Share your opinion

blog comments powered by Disqus
Personal tools
Get our newsletter!
Email Address:

entry points
help (off site)
Environmental jobs, green volunteering, good work! Powered by the wind! This server and other
EcoReality operations
are 100% wind powered.
Powered by Mac OS X Powered by Mac MediaWiki Powered by MariaDB Powered by Valentina Studio Pro