Friday, July 3, 2009

Bava Metzia 69 – Half-and-half Venture (Finds)

One can assign an animal to a shepherd to be raised, sharing in profit and loss. The shepherd needs to be paid wages; otherwise, his service constitutes interest on that half of the animal, which is a loan. The offspring represents profits and can be divided.

If the shepherd continues to care for the offspring after the prescribed time of growth, he now takes ¾ of the new profits. Half of the offspring is his, and the other half constitutes a new half-and-half venture.

One may pay an independent son of a lender to obtain a loan from his father, and it is not considered interest.

Art: A Shepherdess And Her Flock by Cornelis van Leemputten

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