From a freeloader to a world leader

Chapter 349: Establishment of the Jockey Club

After more than an hour of tug of war, arguing and friendly communication, the contract was finally signed.

The signature of Datong Chamber of Commerce was from President Sun Bing, the signature of the imperial court was from Vice Prime Minister Li Shimin, and the signature of Emperor Yuanfeng was the witness and guarantor. At Sun Shan's strong request, the signature was stamped with the emperor's personal seal.

In this way, the three parties have signed the agreement in black and white and it is irreversible.

This is a very memorable event. It is also the first formal contract between the people and the court from ancient times to the present. It also created a template for subsequent cooperation between local government offices and non-governmental organizations.

At the same time, it also allowed Emperor Yuanfeng and high-ranking officials of the court to witness face to face Sun Shan's eloquence, as well as his seriousness in writing and the meticulousness of the treaties.

Often, people would argue for half a day over a key word.

Moreover, this time, at Sun Shan's suggestion, punctuation marks were used for the first time, making the contract clearer to read. There would be no misunderstandings due to punctuation, and the rights and obligations of all parties would be clearer at a glance.

Moreover, when drafting the contract, Sun Shan used a semi-vernacular and semi-classical Chinese approach, trying his best to make the contract look easy to understand.

Later, this contract of more than 2000 words, covering all aspects of the contract between the court and the people, became a template for future documents.

From now on, punctuation and more straightforward documents and letters began to circulate widely throughout the empire.

This was something that Sun Shan, the instigator, had never expected.

The general contents of the contract are as follows.

The first thing was to determine the name of the event, which was named the Super Jockey Club, the top horse racing event in the empire, with a contract period of ten years.

During the ten-year contract period, Datong Super Jockey Club will be the only horse racing sport designated by the imperial court.

Then, it’s about the sharing of investment and event profits.

Datong Chamber of Commerce is expected to invest 500 million taels of silver to build a huge racecourse that can accommodate 10000 spectators at the same time, as well as other supporting facilities.

As for the expenses and reinvestment after the event is launched, they will be deducted from future profits.

The local Hengzhou government collected a total of 8% of various taxes and fees.

As for how much the Hengzhou government will hand over to its superior government, that is their internal matter.

As for the subsequent distribution, after deducting the net profit from various expenses, the Ministry of Households will take 30%, and 70% will belong to the investment and operation party, Datong Chamber of Commerce.

However, Sun Shan proposed in the contract that a portion of the Jockey Club's shares would be auctioned off, and the dividends from these shares would of course be distributed from the remaining 70%.

Their profits and expenditures have nothing to do with the imperial court.

When everyone heard Sun Shan say that he wanted to auction off another share, the eyes of all the senior officials present brightened, as if they saw a long-term, stable gold mountain falling towards them.

With the guarantee of the imperial court and the operation of Datong Chamber of Commerce, this unprecedented horse racing event will undoubtedly be a success.

Everyone thinks of the dragon boat race that stirs the whole city. If it were replaced with a flying horse, and they could experience the thrill of horse racing for themselves, wouldn’t that be crazy?

Then there is the operation and management of the Super Jockey Club, which will all be handled by the Jockey Club Group that is about to be established by the Datong Chamber of Commerce.

The imperial court has the power to supervise and advise throughout the process, but may not forcibly interfere with the normal operations of the Jockey Club.

To this end, the Jockey Club Group will establish a supreme authority body, similar to the president, vice president and supervisory department of the Datong Chamber of Commerce.

The major shareholders can appoint professionals to the position, or they can hire professionals at a high salary.

By the time the contract was signed, it was already eight or nine o'clock in the evening.

A large group of people who had not yet eaten, were eating at the table while taking turns discussing the auction of the Jockey Club's shares with Sun Shan, strongly demanding a clear answer.

Facing the angry eyes of the crowd, Sun Shan smiled in his heart: I just want to hang you guys. If I don’t tie you to the Datong Chamber of Commerce’s boat, your trip would be in vain.

Therefore, Sun Shan deliberately threw out the idea of ​​auctioning shares.

In fact, they just wanted to get this group of people on board together.

Well, a great man said thousands of years later that the more friends you have, the fewer enemies you will have.

“Hahahaha, since everyone is so enthusiastic, then our Datong Chamber of Commerce will bid 10%.” Sun Shan pretended to have a conversation with Sun Bing and King Heng, then laughed: “After all, our Datong Chamber of Commerce is also very powerful-----”

But before Sun Shan could finish his words, Lu Jinxi shouted, "How can that be possible! One percent is too little. How can we divide it among so many of us?"

I rely on!

Sun Shan glared at the shameless Lu Jinxi, who actually said in such a grand manner that he wanted to divide the shares he had bid.

It seems that my plan to auction it off is not possible?

"Yes, Zhongshan, you should be kind!"

Vice Prime Minister Li Shimin seemed not to have heard Lu Jinxi's words about division. Instead, he began to persuade him earnestly: "Look at us, we have come from far away. Now the court's finances are in such a difficult situation. We haven't received salaries for three months. If we don't find something to do, we will have nothing to eat."

After hearing this, Emperor Yuanfeng, who originally wanted to take more shares, blushed and immediately gave up the idea of ​​competing with the ministers for shares.

I can only comfort myself that fortunately, I have 18% of the royal trust fund in hand.

However, since you don't want me to participate, the higher the bid, the more profit I will get.

Lu Jinxi immediately took over Li Shimin's words: "Zhongshan, I'm not saying anything bad about you. Your Datong Chamber of Commerce is already rich enough. I think you should give up at least 20% of the shares of the Jockey Club. In addition, we also have to have an explanation for the matter of the Smelting Bureau-----"

Damn it! Upon hearing that Lu Jinxi wanted not only the shares of the Jockey Club but also the Smelting Bureau, Emperor Yuanfeng immediately interrupted his thoughts and said, "Let's talk about the matter at hand. The Smelting Bureau has nothing to do with the Jockey Club. The shares have already been decided."

After saying this, Emperor Yuanfeng, as the referee and one of the current major shareholders, knocked on the table and said, "Zhongshan, your Datong Chamber of Commerce should take out 20% of the shares. As for who to auction it to, everything will be decided by strength."

These words made Li Shimin, Lu Jinxi and others feel both happy and sad.

The shares are there, but if they are auctioned, it’s hard to say what the price will be.

"Okay, Your Majesty, I'll listen to you." Sun Shan pretended to be embarrassed and agreed. Then, he picked up a large piece of beef and stuffed it into his mouth. While swallowing, he muttered, "Who asked you to be our emperor? Since you have spoken, we have to grit our teeth and accept it."

After swallowing it, Sun Shan added in a serious tone: "Since Your Majesty has spoken, you should be the one to handle the auction. The other gentlemen will listen to you anyway."

Upon hearing what Sun Shan said, Emperor Yuanfeng was stunned.

I rely on!

Sun Shan is such a bad guy!

Throw the offending things on me.

This won't do. As the emperor, I cannot argue with my ministers until I'm red in the face.

Before Lu Jinxi and the others could speak, he waved his hand and said, "No, I don't know how to do this."

As he said this, he turned his gaze to Yang Yuanqing, the Prince of Heng, who was sitting on the side watching the fun with a smile on his face. He patted him on the shoulder and said, "Brother Prince, I'll leave this matter to you. I think you are quite good at it. Besides, as the landlord, it is most appropriate for you to handle this matter."

This made Yang Yuanqing, who was watching with great pleasure, stunned for a moment, then he smiled in his heart: Hehe, Your Majesty, you are afraid of them, but I am not. If I don't make these guys who come to Hengzhou to eat and drink for free eat some oil, my name Yang will be upside down!

"Haha, well, since Your Majesty doesn't know much about this matter, then I, your brother, will do it reluctantly!"

Upon hearing the tone of Heng Wang Yang Yuanqing, the faces of Lu Jinxi and others changed.

However, the nice words came out immediately and endlessly.