Banta and Santa buy one race horse each after learning about big money
in racing.

Says Banta, "How do we identify which horse is mine and which one is
yours?"

Santa Singh replies, "I will cut the tail of my horse and so the horse
without a tail will be mine and the one with a tail will be yours."

So they cut the tail of the horse. But in the night their naughty
kids cut the tail of the other horse too. And the next day Banta Singh
is worried and says, "I will cut one of the ears of my horse so the horse
with one ear will be mine and the other one will be yours."

The next night the kids cut the other horse's ears too. And so it goes on
until the horses lost their ears, eyes, had broken noses etc. And in the
end both horses were left only with bare legs and were just barely living.
Both Santa and Banta were frustrated. At last Banta says,
"The white horse is yours, and the black one mine."