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Chapter 173
Chapter 173
Kevin listened to his brothers and realized that Alicia cutting ties with the family was really having a significant impact on everyone at home.
“That’s why I wanted to talk to you guys. What do you think about the shares?” Kevin asked.
Austin thought for a moment. “Since Dad said he might give shares to that woman and her daughter in the future, we could sign a power of attorney contract.
“Then we can do the same.
“We can let Dad manage the shares for us, but we’ll still get the dividends ourselves.
“The shares will still be ours, and we get to call the shots on what happens to them down the line.”
He continued, “And since he’s planning to give shares to that woman and her daughter, shouldn’t we get a piece of the pie
too?
“I mean, we’re his actual sons, after all.”
Back then, Austin didn’t really pay much attention to his three percent stake. He figured he could earn his own keep and wouldn’t be missing out on that little bit of money,
But now that the company was in trouble, a single misstep or cash flow problem could mean the whole thing going under.
That was when he realized just how valuable those shares really were.
“Back when Dad suggested Ally should give Nicole half her shares because it was ‘fair, we actually thought it sounded reasonable.
“We were even on board to talk to Ally about it.
“Looking back now, that was pretty unfair.
“Dad really had some nerve,” Austin said.
You don’t feel the pain until it happens to you.
Back then, they hadn’t really thought it through. They didn’t care much about the shares and figured it wouldn’t really matter if Alicia handed over half of hers.
Now, they realized just how clueless they’d been.
Caleb said, “Yeah, honestly, I wouldn’t be surprised if Ally already knew about all this. No wonder she’s been so pissed at us.
“I’m with Austin on this. Instead of handing over the shares, let’s just sign a power of attorney.”
Kevin nodded. “Alright, we’ll go with the power of attorney.”
As the heir, Kevin had not only the three percent shares his mother gave him but also an additional ten percent that his grandfather transferred to him before he passed away.
Normally, he wouldn’t have ininded handing them over to his dad first.
But with two new wild cards in the mix, he wasn’t about to just hand them over anymore.
173
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