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BILL OF SALE
(Undivided Interest in Cow Dairy Herd)
KNOW ALL MEN BY THESE PRESENTS, TENNESSEE COW OWNERS
ASSOCIATION,  (Seller"), for and in consideration of the sum of  $16.00 per month per
share and other good and valuable consideration to it in hand paid, at or before the
ensealing or delivery of this instrument by
_________________________________whose address is
_______________________________________________________________ 
("Buyer"), the receipt and sufficiency of which is hereby acknowledged, has bargained
and sold, and by these presents does grant and convey unto the Buyer, his/her personal
representatives, successors and assigns, the following property, goods and chattels, to
wit:
An undivided interest of _____________________________ (__________)units
in a herd of dairy cows (female bovines) located at the Dady Family Farm, the
address of which is 3356 W SR 234, McCordsville, IN 46055 and all
replacements and increase of the dairy cows, which herd constitutes and shall
constitute all of the dairy cows producing or dry, at that location.
TO HAVE AND TO HOLD the same unto the Buyer, his/her personal
representatives, successors and assigns, for as long as TENNESSEE COW
OWNERS ASSOCIATION holds their present contract with Dady Family Farm. 
The Seller covenants and agrees to and with the Buyer, his/her personal
representatives, successors and assigns, to WARRANT AND DEFEND the sale
of the undivided interest in the property, goods and chattels, against all and every
person or persons whomever.  When used herein, the singular shall include the
plural, the plural the singular, and the use of any gender shall be applicable to all
genders.
Buyer understands and agrees that in accepting this Bill of Sale the number of cows
in the herd may increase or decrease in which event the Buyer's percentage interest in the
herd may decrease or increase, as the case may be, but in none of those events will
Buyer's number of units constituting the measure of Buyer's undivided interest in the herd
be increased or decreased.
IN WITNESS WHEREOF, the Seller has executed this Bill of Sale
On_____________________, 2003
TENNESSEE COW OWNERS ASSOCIATION
By  _______________________________________
Title ______________________________________
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