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Chapter 4 - MERCER MILLWORKThe company was forty-three years old.

Dad started it in a rented industrial unit with two employees.

By the time he got sick, Mercer Architectural Millwork employed eighty-six people.

Not glamorous.

Cabinetmakers.

Finishers.

Estimators.

Installers.

Project managers.

A small engineering team.

Annual revenue fluctuated between eight and eleven million dollars depending on project mix.

Healthy company.

Not invincible.

Julian had worked there since twenty-two.

He started on the shop floor because Dad refused to hire him directly into management.

By thirty-five, he was operations director.

By forty-one, president in practice even though Dad remained majority owner and chairman.

Julian believed that history made the company his.

Emotionally, maybe.

Legally, no.

Dad owned sixty-two percent.

Julian held eighteen through prior gifts and compensation.

I held ten.

The remaining ten belonged to a longtime employee stock plan.

I rarely voted except where required.

I did not work there.

Julian did.

That imbalance shaped everything.

When Dad got cancer, Julian ran nearly all daily operations.

Dad signed a limited power of attorney allowing him to execute ordinary business documents, approve vendor payments within established limits, and communicate with lenders.

Not sell the company.

Not pledge new collateral without board approval.

Not transfer Dad’s personal assets.

At least, that was how Samuel explained it.

Julian later claimed the practical reality was broader.

May you like

That dispute would matter.

But not yet.

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