agistment


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agistment

the taking on to one's own ground of another person's cattle to allow them to be fed, for a consideration to be paid by the owner of the cattle. The person who receives the cattle is called an agister.

AGISTMENT, contracts. The taking of another person's cattle into one's own ground to be fed, for a consideration to be paid by the owner. The person who receives the cattle is called an agister.
     2. An agister is bound to ordinary diligence, and of course is responsible for loses by ordinary negligence; but he does not insure the safety of the cattle agisted. Jones, Bailm. 91; I Bell's Com. 458; Holt's N. P. Rep. 547; Story, Bail. Sec. 443; Bac. Ab. Tythes, C l.

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The difficulty in this method also relates to the fact that agistment tends to be seasonal, with stock carried on the home farm in times of good growth, and being moved onto agistment as an emergency measure.
In a series of interviews with farmers in northeastern Victoria, it was found that all interviewees agreed that the agistment basis for determining rental was not relevant.
In both cases, the short season and annual nature means this is more like an agistment rate than a lease value.
An agistment is money paid for grazing stock on land owned by another person.
While attempting to resolve a very modern problem, (237) a properly written herd share agreement has its roots in the medieval English common law of agistment (238) and is related to a number of other modern-day animal sharing arrangements common in agricultural communities across the United States.
However, instead of transferring the cows to the shareholders at a stipulated time as in an agistment agreement, the farmer transfers the product particular to the herd, namely the milk, much in the same way that the manager of a race-horse transfers the winnings to the syndicate owners or a bull handler turns over the bull to breed with a lessor's heifers.
However, courts should not uphold herd share agreements simply because the parties made a few minor modifications to their agreement; rather, courts must also recognize that herd sharing is a type of shared-ownership arrangement for livestock common in agricultural communities across the United States and well rooted in the English common law tradition of agistment.
The Tenant Purchase Scheme does not include properties that are leased for commercial or agistment purposes.
40) will surely win if repeating a grand effort behind Agistment in a 25- runner affair last time out.
DRAS provides up to fifty per cent freight subsidies on fodder and water while an area is drought declared, and freight subsidies for restocking and returning from agistment after the drought declaration is revoked, he said.