The Option to Purchase. An option to purchase grants the tenant an option (right) to buy the rental property within a specified period of time in exchange for a fee (option fee), that is usually paid up front, and/or in the form of a higher-than-market rent (some of which is applied to the house purchase).
Most of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.ost of the cotton grown around the world before 1793, when Eli Whitney's simple yet effective cotton gin became widely available, was long-staple cotton (Gossypium barbadense), which grows best along tropical or subtropical coastlines.
In the early 1700s, cotton cultivated in the state was used mainly for home spinning and weaving. It wasnât until the invention of the cotton gin later that century that cotton became a cash crop in Louisiana. For more than 100 years cotton has been the most important crop grown in northeast Louisiana. Crucial to the continued success of the stateâs cotton industry has been the research conducted by the Louisiana Agricultural Experiment Station.