Chapter 300 Mortgaging Peach Blossom Villa No. 1
James was about to enter TG Company with the contract when he saw Mary walking out with a dejected look.
"What's wrong with you? Leaving work so early today?" James was slightly taken aback, then quickly walked over, "What happened?"
"James? What are you doing here?" Mary was also surprised, and then gave him a bitter smile. "Nothing, just a bit tired, so I decided to leave early and get some rest."
"Did Jane force you to step down?" James chuckled, "I heard she has a $140 million contract with The Howard."
James hadn't told Mary that The Howard father and daughter had conceded and even gave him half of The Howard's shares, so Mary still thought they were at odds.
"Nothing gets past you," Mary rolled her eyes at James. "She did, she forced me to step down. I'll probably be removed from the president's position tomorrow."
"TG Company has always treated you like a workhorse, only caring about extracting profits from the company every year without considering long-term development and proper operations," James put away The Howard contract in his hand. "Perhaps it's not a bad chance for you to step down."
"Let whoever wants to be president take the job. You don't need to worry about it anymore," James comforted her, "If you really can't stay idle, you can start your own company. Given your ability, you can definitely surpass TG Company."
"Of course, I know I'm just a puppet. But there's no other way. The Smith Clan extracts profits from me, proving I'm still useful, so they won't discard me," Mary's eyes showed helplessness. "If I lose my value, and I'm of no use to the Smith Clan, The Smith Family might just disappear. I've worked so hard, and endured so much, just to show the Smith Clan that I can still make money for them. But now it seems, my value has been exhausted."
There was a hint of worry in her eyes. "I don't know what will happen to the Smith Family."
"At worst, cut ties and start your own business. Do you think the Smith Clan would really dare to kill you?" James took Mary's hand and walked towards the car. "Don't think too much about it. The Smith Clan will probably just take back the company and leave you to fend for yourselves."
"I hope so," Mary muttered, then looked at James and asked, "Why did you come to see me?"
James smiled warmly: "I miss you, and I come to take you out for a meal."
He didn't take out The Howard contract. Today, he wanted her to relax no matter what.
Mary snorted, "At least you have a conscience."
Just then, Mary's phone vibrated. She picked it up and answered, her face quickly changed, "Oh no, something happened to my mom."
Mary pulled James into a red BMW. "Peach Blossom Villa No. 1 is surrounded."
She stepped on the gas and headed towards Peach Blossom Island.
James asked, "What happened?"
"After CF Clinic closed, Mom invested some money to speculate in land and real estate in Emerald Country, specifically providing it to people running small casinos," Mary exposed a bitter smile. "A couple of months ago, the returns were pretty good. $1,562,500 invested, with a monthly rent and dividend of $200,000. Several pieces of land were sold, making over $300,000. Mom benefited, so she not only mortgaged her properties but also convinced a dozen or so friends to invest together. The total funds reached $35 million. $14 million of that was my parents' savings, and the remaining $21 million was from relatives and friends. This month, Emerald Country changed its policy, expelling foreign nationals and confiscating casinos and land. The entire $35 million went down the drain. Those relatives and friends couldn't take it, so they all went to Peach Blossom Villa No. 1 to demand compensation from us. The Smith Family's entire assets are just $30 million. After deducting the $14 million already spent, all that's left is The Smith Family's villa and CF Clinic's property. My parents agreed to sell these two properties to repay the debt, but there's still a five million shortfall. Those relatives and friends are relentless, demanding my parents repay them and even sell Peach Blossom Villa No. 1."
Mary looked distressed. "My mom wants me to go back and handle it. How am I supposed to come up with five million?"
"It's okay, let's go take a look first," James patted Mary's hand. "Don't worry, I'll always support you."
Hearing this, Mary felt a bit more at ease.
Half an hour later, the car arrived at Peach Blossom Villa No. 1, and James was startled to see a dozen cars parked at the entrance.
When they entered the hall, they found it crowded with many flamboyantly dressed older women.
One of them was dressed in luxurious clothes and jewelry but had a fierce demeanor.
Charles, Christopher, and Abigail were huddled in a corner, looking exhausted.
"Pay back the money, pay back the money... You must cover the five million shortfall... You said it was a guaranteed investment... Now that it's lost, you have to repay us... Addison, that's our retirement money... If you don't repay us, how will we live..." Nearly twenty women were pestering Addison, using both soft and hard tactics.
"Everyone shut up!" Unable to bear the accusations, Addison slammed the table and shouted, "I said I would take responsibility. After my daughter comes back, she'll find a way to repay you the five million. TG Company is such a big company. Don't you believe it could afford five million? Even if my daughter can't come up with it, I can still cover your debts. At worst, I'll mortgage Peach Blossom Villa No. 1 as well."
Having lost $14 million in investments and needing to compensate these people $21 million, Addison would have collapsed long ago. But now, with Peach Blossom Villa No. 1 worth $140 million in hand, she felt she could still manage the $35 million.
James couldn't help but laugh, " Addison, you're going to mortgage Peach Blossom Villa No. 1?"
Addison threw a teacup at James and shouted, "Jerk, who let you in here? Did I allow you to enter the Smith Family's home? My mortgaging Peach Blossom Villa No. 1 has nothing to do with you!"
She was already at her wit's end today, and James's mockery made her even angrier.
Mary stepped forward to protect James. "Mom, I brought James here. No, this Peach Blossom Villa No. 1 is actually..."
"Oh shit, I'm so confused, my anger got the best of me," Addison had a sudden flash of inspiration and rushed forward to grab James, "I lost my temper just now. Dear James, I'm sorry, I'm sorry. "
Then she turned around and shouted at those relatives, "Everyone, let me introduce you. This is James, my son-in-law, Mary's husband. He's also a doctor at JZL Medical Clinic. No, JZL Medical Clinic is his. JZL Medical Clinic belongs to him."
She even took out a box of business cards from James and handed them out.
She then took out her phone, opened the JZL Medical Clinic's website, and further confirmed James's identity to everyone.
Seeing that James was indeed a doctor at JZL Medical Clinic and owned the clinic, the expressions of Addison's relatives softened.
A woman in red spoke up to confirm, "Are you the Smith Family's son-in-law?"
James and Mary exchanged glances, unsure of what Addison was up to.
Another woman in blue asked, "Are you really Mary's husband?"
Mary wanted to deny it, but James quickly nodded, "Yes."
With so many people watching, he didn't want to deny it and embarrass Mary.
"Did you hear that? He's my son-in-law. Look at the business card, and check the information. My son-in-law has his own business, JZL Medical Clinic. That location is worth at least five million." Addison pushed James in front of everyone. "You don't need to worry about the five million. If you can't get it from me, you can get it from JZL Medical Clinic."
After saying that, she went upstairs to hide.