Partnership percentages

G & T --- George 49 Tayloe 51
Hacks Cross --- George 50 or less Tayloe 50 (Nancy has either 2.5 % or 5%)
Shamrock --- George 50 Tayloe 45 Nancy 5
(I had Shamrock at George 40 Tayloe 55 and Nancy 5 but I think that was a mistake)

Shelby Drive --- George 49 Tayloe 51
Macon --- George 50 Tayloe 33.34 Nancy 16.66
Nickey Getwell Mini --- George 79 Tayloe 10 Nancy 10 Nickey Inc 1

NBC --- George 79 Tayloe 15 Nancy 5 Nickey Inc 1
Big Horn --- George 25 Tayloe 75
Nickey Inc --- George 100

Medicine Bow --- George 49 Tayloe 51

Sarah Smith Nickey Trust

The 4 assets put into Sarah Smith Nickey Trust by GTN were:

Half of Walloon Lake house
49% of G and T Development
49% of 33 acres on Hacks Cross - Medecine Bow
50% of Shamrock Investments Partnership

space based solar power

Microwave radiation is non-ionizing.  This means that it will not strip electrons off nuclei which would cause ions to form.  Ions damage DNA.  Light waves and radio waves are also non-ionizing.  Therefore if solar power is transferred back to earth from space based solar collection satellites, ionization will not be a problem.

253.8 acre farm in Chicot county AR

Called Bill Ayres (cell 901-487-8774) Friday about this farm.  Bill works for Keith Morris at Farmer's National.  Price is $600,000 or $2372 per acre.  Farm is on Bill Young road.  Bill Ayres said that land like this could be rented out for $140 per acre per year. That sounds high.  This farm was being used for catfish ponds, but there was too much foreign competition, so it is being converted to rice.  About 2/3 is in rice now.

Farmland

Last night after tennis, Bill Carwell said that in Arkansas, farmland was renting for a low of $85 per acre per year and a high of $135 per acre per year.  These are rough numbers.  He said there was some really high quality farmland that had recently changed hands at $4600 per acre.  Bill said that there were all different deals, but that one fairly common deal was to rent land for a low flat rate and then take some percentage of the profit (if any).  That way the landlord gets a guaranteed minimum and a chance at more, whereas the farmer only has to pay the low flat rate if it turns out to be a bad year.  Bill rents land for 25% of the profit and no base rent.  I can't remember if he meant that he leases land TO other farmers or if he leased land FROM other landlords.


He said that it would be hard to buy farmland and make more than 3 or 4 percent on your money.  His land is extremely flat.  It is either dead level or it slopes 2 tenths of a foot in 100 feet ( I think).  It is irrigated.  John Brewer's land has been rented to the same farmer for 20 years.  It is apparently rented on a percentage-of- profit basis.  John would like to rent it for a flat rate, but does not know who to talk to about it.  Apparently his current renter does not want to rent for a flat rate.  John's land is not flat and is not irrigated.  It would be too expensive to flatten John's land.

Calorie counts in beverages

Pepsi   150 calories in 12 ounces or 12.5 calories per ounce

Propel 10 calories in 8 ounces or 1.25 calories per ounce

McDonalds sweet tea 230 calories in 32 ounces or 7.2 ounces per ounce

McDonalds nutritional facts PDF says there are 90 calories in 12 ounces of tea or 7.5 calories per ounce

Generic sweet tea (data from livestrong.com) 5.6 calories per ounce

Dietbites.com says there are 91 calories in 1 cup of sweet tea, which is about 11.4 calories per ounce
1 cup = 8 ounces