In 2009, Todd Bol of Hudson, Wisconsin, built a model of a one room school house in honor of his mother who was a teacher and loved books and reading. He painted it and put it up on a post in his front yard with a sign on it to encourage young and old to take a book and leave a book. It was a huge success.
This is also a great way for neighbors to come together and talk over a useful and fun conversation piece--a free library. It is especially important for small children to learn to read and to learn to share their books. It is also of interest to gardeners to find informational garden books and share.
It is also interesting to find that hardly any books were "borrowed" and most books were returned and books were added for circulation.
Take a look at www.littlefreelibrary.org for much more information and inspiration on starting your own Free Library. It might be something worthwhile to pursue if you live on a busy street with a lot of foot traffic. Of course, in most areas there may be some restrictions on putting up this type of "building" in your neighborhood.
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I am participating in the A to Z Blog Challenge for April 2014.