America 1919-Chapter 466 - 180, Little John Rockefeller (10,000-word chapter~)

Dick arrived in Atlantic City on the third day. Although Breton Bank was now performing very well in Atlantic City, New York was after all the headquarters of Breton Bank, and Dick still had to be stationed at the head office in New York.

When Dick came to Atlantic City, he went straight to Block Tavern.

At this time, Dick was extremely grateful for his initial decision to come to Atlantic City. With Breton Bank firmly established in Atlantic City, its performance had already increased by 50% in just this period of time.

Now, over the phone, he learned that Donnie was even planning to join forces with the four major oil companies to take out a loan from his bank. This was a great business opportunity delivered right to his door!

Of course, it would be perfect if it weren’t for Sinclair Oil Corporation!

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"Donnie, as a friend, I naturally agree with your suggestion, but regarding Sinclair Oil Corporation, you must also be aware of the situation. In my view, even without Sinclair Oil Corporation, your four companies can still complete this project."

Donnie frowned slightly. Pan American Petroleum and Bo Wai Petroleum had joined the fray upon hearing that Donnie could provide a loan for Sinclair Oil Corporation... Whether in the East or the West, everyone was accustomed to using the bank’s money to make money for themselves!

Given the availability of a loan, naturally, they would want to put in as little of their own money as possible.

Moreover, Sinclair Oil Corporation was the oil company Donnie had designated for his own future. To make this happen, it was necessary to bring Sinclair Oil Corporation on board.

"Of course, if Breton Bank doesn’t want to loan for this matter, I have no objection. But I have already discussed with the four companies beforehand, and we have agreed to stand together on this issue. Although I am a shareholder of Breton Bank, I can’t change this matter, so it seems that this collaboration will have to be put on hold for now."

Donnie understood Dick’s thinking very well: he didn’t want to take on the risk associated with Sinclair Oil, but at the same time, he wanted to secure the nearly eight million US Dollar loan business.

As for Dick’s way of thinking, Donnie had no objection; in fact, Donnie held no hostility towards Dick at present. All of it was just for business.

After hearing Donnie speak, Dick’s expression immediately changed, and he hurriedly said, "No, no need, I was just joking just now. Before coming here, I had already sought the opinion of the board, and they are very pleased to have such a business."

Donnie also laughed as if he didn’t take the matter to heart, saying, "Since that’s the case, then there is no problem at all!"

Dick secretly wiped the sweat from his forehead. The biggest benefit of this business deal for Breton Bank was not the interest from eight million US Dollars, but the expansion of Breton Bank’s services. Before this, Breton Bank’s services were limited to deposit and withdrawal operations in New York and some business with medium and small companies, and they hadn’t even started private banking services. Your next chapter awaits on novelbuddy

But this time, the business Donnie brought to Breton Bank could open the door to the oil industry for Breton Bank. Like many people, Dick was very optimistic about the future of the oil industry.

The next day, Donnie invited Edward Doheny of Pan American Petroleum, James O’Neal of Preli Petroleum, Robert Stewart of Indiana Standard Oil, and Laze Madison of Sinclair Oil to the headquarters of Pandora Oil Company in the West District of Atlantic City.

The headquarters of Pandora Oil Company were located next to the office premises of Starry Entertainment, and Donnie had rented both of the buildings here.

However, as Donnie’s business grew larger, he was already considering building his own Block building in Atlantic City or New York.

But this plan would definitely have to wait until the Surf Hotel was open for business.

Inside the meeting room, Donnie unhesitatingly took the head seat and informed everyone about Breton Bank’s readiness to lend to everyone.

Eduardo Doheny asked Donnie cautiously, "How is the situation with the Rockefeller side?"

Up to this point, the only problem remaining before them regarding the construction of the oil transportation pipeline network was the attitude of the Rockefeller Family.

Donnie said, "George Whitney from Morgan has already gone to Westchester on our behalf to negotiate with the Rockefeller Family. Although there is no conclusion to this matter yet, as I see it, no matter what others think, we still need to prepare ourselves for our own matters in advance!"

Robert Stewart asked, "But whether the Rockefeller Family agrees to our plan is closely related to the cost we are willing to pay. Isn’t it a bit premature for us to start discussing the loan right now?"

Dick explained to them at this moment, "You can rest assured about this matter; I discussed it with Donnie yesterday. Right now, we are only signing a letter of intent for cooperation. In this letter, we can stipulate that if the Rockefeller Family ultimately does not agree to this matter, then our collaboration can be terminated. Also, if the Rockefeller Family agrees, then our bank can also sign a new loan amount for everyone!"