American Ranch

Chapter 326 Family Fund 【Subscription, Monthly Pass】

"There must be something wrong."

Ellie seldom showed a twisted look, buried her head, played with her fingers, pouting her lips and puffing her cheeks...

"That, that..."

"Oh, what are you talking about, you are so anxious."

"Then, that... When are we going to catch the hairy crabs?" The front was swaying, but the second half of the sentence was fluent, and Ellie pouted after finishing speaking.What she wanted to talk about was probably not hairy crabs, but she was too embarrassed to speak...

Chen Mo was driving the car, but didn't notice Ellie's expression: "Tomorrow. There's nothing to do tomorrow..."

"Yeah." Ellie scratched her head, still drooping her head.

Money, money...

For gold futures, Ellie transferred all the money in her bank account to the silent futures account.

Chen Mo did all the cashing out of the futures, and the money after that...

There are a lot of things to deal with recently, Chen Mo is so busy that he is dizzy, and Ellie also invested money in gold futures, making Chen Mo forget all about it.

Ellie also remembered that there was no money in her account when she went out shopping today to pay the bill.Not happy... Chen Xiao and Zhang Xia paid for everything.

Back home, Moxie and the ranch's lawyer were there, and it was the title deed to the 2.3 acres of Calabash Valley, subdivided.

Chen Mo also set up a family fund during this time, among which 2 acres of land were transferred to the name of the family fund. The 2 acres of land are in valleys and hills. The land is dry and can only be used for grazing or raising livestock. Chen Mo can't use it here. arrive……

Another 3000 acres are going to be transferred to Chen Chen and Chen Xiao, who happen to have money in their hands.With money in their hands, people would panic and swell, thinking about things, Chen Mo was afraid that they would not be able to stand the temptation of the gold market, so he gave them the 3000 acres of land to open a ranch for them to operate.

"Boss, the land has been divided. The 2 acres of land have been transferred to the name of Fund C. Look, if there is no problem, you can write your name on it." Moxi handed the information of the fund to Chen Mo.

Chen Mo looked at it carefully, wrote his name on it, and handed it to Ellie: "You write one too."

"What?" Ellie asked.

"Family foundation."

The main management of the family fund is funds. The 2 acres of land are only considered as investment properties under the name of the fund. Afterwards, funds will be injected into the family fund to manage the 2 acres of land.

Ellie took a look, this is a family jointly owned account fund, the names on it are Chen Mo, Chen Zhonghui, Xiong Shubin, Chen Chen, Chen Xiao and Zhang Xia, and Ellie's name is also on it.

Chen Mo suggested adding Zhang Xia's parents before, but Zhang Xia's parents said it was unnecessary.The main purpose of the family fund is to ensure that the descendants of the family will continue to enjoy the wealth created by their generation and pass on the entire family...

Zhang Xia's parents are different from Zhou Ziyu's mother. They have no ambitions or desires, and they are both old. Their daughter's good life is their greatest comfort.

It is clearly marked on it that the money in the family fund is used for investment, and more than half of the members of the family must agree to take the initiative to withdraw cash, and can only withdraw twice a year, each time not exceeding [-]% of the cash in the account.The fund is in the form of third-party custody and is hosted by Wells Fargo...that is, a bank supervision account.

Then every year on October 10st, the family foundation distributes dividends to family members, and 1% of the money in the account is distributed equally to family members.And when Chen Yuanchang reaches the age of 25, he will automatically become a member of the foundation.The same will be true for Chen Xiao's descendants in the future, as well as Chen Mo's descendants... The reason why the age is set at 25 is because 25 is a relatively mature age.

"Hee hee..." Ellie looked at Chen Mo, then at Chen's father and Chen's mother, then at Chen Xiao, Chen Chen and Zhang Xia.

"Quick, write your name on it." Mother Chen smiled and stroked Ellie's hair.

"Yeah." Ellie nodded heavily, picked up the pen, and quickly wrote the name.

Next, Father Chen and the others wrote their names on it one by one.Chen Mo then called the bank and transferred 4000 million US dollars to the account of the family fund. The family fund was officially established...

Chen Xiao thought for a while: "Brother, let me transfer some money to the account too, how about 500 million?"

"No need. With this 4000 million, it is enough to manage 2 acres of land. Dad, you will be the chairman of the family foundation from now on, and this account will be managed by you. We will vote on how much salary you want vote……"

"How about $1, a monthly salary?" Father Chen laughed and scratched his head.

"What do you want so much money for?" Chen Ma said dissatisfied.

"My father-in-law must also come to work at the foundation. We all have a monthly salary of 1 yuan. The money is too little to spend. Think about the cars in Chen Mo's garage. They are all burning oil..." The sports car in Chen Mo's garage is not Limited edition, Dad Chen and Uncle Zhang also drive out for a walk occasionally.

"Okay, okay. It's only [-], Uncle Zhang, you and my dad will manage this fund together. At this stage, it is mainly to develop the ranch. If you don't understand anything, you can ask Moxi, and he will help you build the ranch. up until normal operation."

"Good. Good." Father Zhang nodded with a smile.

Put away the documents and hand them to Moxi, and these documents will be sent to the bank.This is a joint management account, and it is an account that cannot withdraw all the money at once...

The matter of the family fund was settled, Chen Mo clapped his hands, went to open the refrigerator and looked: "Why is there no more food?"

"Chen Xiao, that dead girl, took the vegetables and fed them to the alpaca in the morning."

Ellie stuck out her tongue beside her. She went with Chen Xiao in the morning: "Hehe... Let's go to the field to pick vegetables, and bring back some brook snails."

Father Chen and Uncle Zhang's legs trembled: "No, no, you guys go upstairs to play games, and Lao Zhang and I will go to the fields."

"Let's go, let's go..." Mother Chen also said.

Ellie fried Qingshui snails... Ordinary people really can't stand it.

Chen Xiao also grinned and said, "Let's go, let's go upstairs to eat chicken."

Perhaps Zhang Xia still likes to eat Qingshui snails, and she still has to feed her children, so she can only feel the spicy taste when eating Qingshui snails...

"Brother, the irrigation channel application has been approved. The construction fee is 9000 million U.S. dollars, and the guaranteed water consumption is 8500 million cubic meters a year." Chen Chen said: "The contract has been signed to Mo Xi, and he will discuss the future work."

"How much is 8500 million cubic meters?"

"About... $1200 million." Chen Chen grinned.

The irrigation water fee is too expensive. No wonder there are so many flat lands in the big and small gourd valleys, but they have never been developed.

"It's not bad." Chen Mo rubbed the stubble of his chin. As long as the animal husbandry industry in San Bernie can develop, no matter how high the water bill is, there will be no problem.

It is not an empty saying that the wool comes from the sheep.

Large-scale breeding in this place of St. Bernie can only be done in the form of livestock.Purchasing pasture or grain from other places is actually more expensive than buying on-site feed from River Valley Farming, and the effect is not as good as River Valley Farming's feed.

As far as the current pasture price is concerned, there is a lot of room for raising the price.

The current price of forage grass is 25 US dollars per ton, just to encourage local farmers and develop the livestock industry as soon as possible.

(End of this chapter)