Marvel: The Superman Survival Guide

Chapter 34 Acquisition

"That's for sure, but I'll acquire a property and then renovate it," Link said. "After all, it's impossible to have just the two of you lawyers and one receptionist. The law firm will subsequently be incorporated into the charitable foundation."

"We operate like a normal law firm, but each year a charitable fund is deposited to provide legal aid to the poor."

"The various procedures will take some time, so for now I will make the acquisition in my private capacity, and it will be incorporated into the charitable foundation once it is established."

Matthew Murdoch asked, "Can it be specified in the contract?"

"Of course, that's for sure." Link nodded. "You guys are in charge of drafting a contract, and I'll give each of you five percent of the shares. The salary issue will be addressed in a separate contract after the main contract is signed."

"I'll offer $300,000 for the acquisition and inject $1 million in capital, without diluting your shares."

"After the charitable foundation is established, its legal affairs will be handled by a law firm. Even if the law firm doesn't make money, I believe you two will still receive your salaries and commissions."

Virginia Nelson was very happy. With a charitable foundation behind them, they had a stable livelihood and no longer had to worry about money.

Drafting a contract takes time, so Link said goodbye for now and left. He would bring his girlfriend over in a few days so they could get to know each other.

……

In order to establish the foundation, Link went to Langley again and asked him to have his accounting firm work with his lawyer. For the time being, Link would still use his previous lawyer.

When he got home that evening, he told Jessica what had happened. Jessica was very excited; this was a career, instead of staying at home all day as a housewife.

She's learning very quickly now. She's a very smart woman. She's learning about the charitable foundation that Tracy introduced her to, and she's understanding how it works. It's actually not that complicated.

Link doesn't have much money, and his annual income is also limited. Donating five percent to charity is actually not a large sum of money.

At this time, she was unaware that Link had further plans targeting Stark Industries stock, and the scale of the funds would certainly be expanded, but it didn't seem that large at the moment.

It's just a small law firm, nothing complicated, and she's perfectly capable of handling it now.

She and Link discussed the issue with great interest, especially the review process for funding cases, emphasizing that limited funds should be used on those who need them most.

……

"Hello, I saw a job posting in the newspaper." Link has already signed the acquisition contract and paid the first installment of $300,000.

After all, law firms have no fixed assets, no engagement contracts, and their office facilities are worthless.

With the subsequent investment of one million US dollars, Link also needs to look at properties in Hell's Kitchen, preparing to acquire a small apartment building and then renovate it.

American housing prices are peculiar because they are calculated based on neighborhoods. In the context of Hell's Kitchen, real estate is extremely cheap.

Property taxes are also very low because the area is mostly populated by poor people, and housing prices in the entire region remain low. The locals also disagree with rising housing prices because rising housing prices would mean an increase in property taxes.

Wilson Fisker's acquisition is difficult precisely because the acquisition price is not enough for the local residents to move to another place, and moving there might lead to higher property taxes.

This property tax is payable every year, and the difference in property value can range from several thousand to ten thousand US dollars per year, which is a huge burden.

If Link wants to acquire it, he will also encounter this problem, but the location he has chosen is on the edge of Hell's Kitchen.

He had to consider the issue of future employees. Virgil Nelson grew up here, and Matthew Murdoch wanted to do good deeds here, so the two of them dared to come.

But what about the others?

Therefore, the best location is on the edge, where you're not far from Hell's Kitchen and it's relatively safe. Otherwise, if an employee works overtime at night and can't find a taxi to go home, that would be a problem.

It's not that there aren't high-rise buildings here, but the rent is too expensive. It would be better to acquire a small apartment building and renovate it. You should know that this place was originally a gathering place for Irish laborers, so the Irish gang had the greatest influence in the early days.

The earliest documented record of it is in The New York Times in 1881, but it was a report by a reporter who was escorted by police to cover a murder case.

The name "Hell's Kitchen" was too derogatory, so the authorities eventually decided that the area would be located in the Clinton District, which is also known as Midtown West.

This place is close to Broadway, and many aspiring artists come to New York. Because they don't have a stable income, many of them rent houses here, simply because the housing here is cheap enough.

Wilson Fisk's desire to rebuild this place faces considerable resistance, as the locals lack the means to pursue a better living environment.

Once this area is fully acquired and rebuilt, the price difference will be enormous, and the potential profits are very attractive.

"Yes, so when can we meet?" Link asked.

"Anytime is fine!" the other person said.

"Then at 2 PM..." Link suggested a coffee shop near his home, and the two agreed to meet.

Soon, around 2 p.m., Link arrived a few minutes early, found a seat, ordered a coffee, and then took out a cigarette to smoke.

At exactly two o'clock, a Black man pushed open the door and walked in. He looked around and went straight to Link's seat. "Are you Mr. Link?"

"Yes, it's me, Mr. McCall?" Link stood up, shook hands with the man, and they both sat down. "Would you like something to drink?"

"No need, we can start the interview right away." The other person didn't order anything.

"So, how's Mr. McCall's driving experience?" Link asked. "My Rolls-Royce Phantom will arrive in a month."

"There shouldn't be any problem. I've been driving for many years and I'm very familiar with all kinds of vehicles. In addition, I served in the army when I was young and have a certain fighting ability. I can also use firearms." The other person spoke very calmly.

Link nodded slightly and then asked, "Does he have a criminal record?"

"No!" McCall shook his head.

"Very good, give me your ID, I'll check it out. Also, let's set off now. You drive my car first, we'll go for a spin." Link stood up, took out some money and put it under his coffee cup.

The two went outside and got into Link's car. Link's Mustang was very powerful, but the other man started it very smoothly, showing that he knew the vehicle's performance very well.

He was clearly a seasoned driver, navigating the streets of New York with an understanding of all the signals and signs, and strictly adhering to traffic rules.

(End of this chapter)