logo
#

Latest news with #Hancock

Mountain Valley MD Provides Business Update, Advances Commercialization Strategies
Mountain Valley MD Provides Business Update, Advances Commercialization Strategies

Business Wire

time3 hours ago

  • Business
  • Business Wire

Mountain Valley MD Provides Business Update, Advances Commercialization Strategies

TORONTO--(BUSINESS WIRE)--Mountain Valley MD Holdings Inc. (the 'Company' or 'MVMD') (CSE: MVMD) (OTCQB: MVMDF) (FRA: 20MP) is pleased to provide a business update on its commercialization progress across its three core areas of focus: Nutraceuticals – Innovations through the Company's Quicksome™ technology, designed to improve the administration and efficacy of nutraceutical health and wellness products; Agriculture – The Company's licensed Agrarius agricultural plant signaling technology, designed to organically drive increased crop yields, reduce fertilizer and pesticide usage where desired, and enhance plant health; and Husbandry Animals/Aquatic Species – The application of solubilized drug formulations through the Company's Quicksol™ technology, designed to positively impact the health of husbandry animals and aquatic species. 'In recent months, we have focused on measured execution across all business lines,' said Dennis Hancock, President & CEO of Mountain Valley MD. 'We continue to advance the commercial foundations needed to bring our technologies to market at scale, supported by progress in field trials and product launches.' NUTRACEUTICALS Quicksome™ Technology, Commercialization, and Business Development Progress MVMD's patented liposomal Quicksome™ technology uses proprietary formulations and stabilizing agents to encapsulate active ingredients with the goal of optimizing molecule delivery in sublingual nutraceutical applications. The Company's Quicksome™ technology is currently focused on delivering molecules where enhanced efficacy, precise dosing, reduced variability, and dose sparing are valued. 'Our Quicksome™ technology has proven adaptable across multiple product formulations,' Mr. Hancock noted. 'We believe the platform's dose-sparing benefits and demonstrated efficacy versus orally consumed competitors will continue to attract new partners and product opportunities in this scaled commercialization phase.' MVMD continues to advance its nutraceutical strategy through its exclusive manufacturing and licensing arrangement with a U.S.-based GMP production partner (the 'Lead Manufacturer'). The Lead Manufacturer has GMP and OTC drug manufacturing capabilities and has installed proprietary equipment for producing MVMD's Quicksome™ sublingual and dermal formulations. The Lead Manufacturer works closely with the Company to complete product and production elements necessary to support it's obligations under MVMD's license agreement with Circadian Wellness Corp. ('Circadian'), an MVMD licensee, as well as MVMD's proprietary 'Mountains Of…' product line and other business development initiatives. During the first half of the 2025 calendar year, MVMD and its Lead Manufacturer supported the scaled-up production and market launch of Circadian's 'Eons Dialed,' a sublingual product for anxiety support. Circadian's product line, which includes 'Eons Deeper Sleep' and 'Eons Dialed,' is manufactured by the Lead Manufacturer and incorporates Quicksome™ technology. Circadian reported positive consumer reception to its Quicksome™-based products, including USD $193,000 in sales during April to June 2025, a notable increase from prior periods. In parallel, MVMD is engaged in business development initiatives with the Lead Manufacturer to secure additional nutraceutical licensing partnerships. A key project the Company has been advancing involves a U.S.-based multi-level marketing client (the 'MLM Client') for a novel fenugreek glycosides testosterone formulation. The Lead Manufacturer has secured distribution rights for a standardized ingredient with clinically demonstrated effects on total and biologically active free testosterone. The product has been successfully integrated into a Quicksome™ quick-dissolve tablet, and has supported testosterone levels in male subjects through documented trials. Human testosterone levels are well documented to positively impact muscle mass, strength, energy, vitality, libido, and spermatogenesis. The MLM Client has completed multiple rounds of product feedback regarding dissolution and flavor, with commercial terms anticipated in calendar 2025. A white-label version is also planned for manufacturing for broader distribution in the current calendar quarter. MVMD has also completed development of additional formulations for energy, lean metabolism, focus, stress, and anxiety support. These are available for manufacturing through the Lead Manufacturer and are intended to support MVMD's branding and additional business development efforts through the remainder of calendar 2025. The Company's nutraceutical pipeline also includes active development projects for hematological health, nutritional support, hydration and performance, joint health, and pain management. The Company's 'Mountains Of…' proprietary brand has secured U.S. trademark protection for multiple product categories (Sleep, Energy, Relief, Libido, Lean) to support GMP product sample development and business development activities. Distribution partners may elect to market MVMD's 'Mountains Of…' products or produce proprietary versions with their own branding. AGRICULTURE Agrarius Business Development and Commercialization Progress 'We believe the results of our collaboration with agronomists and agricultural partners throughout Latin America continue to validate the numerous Agrarius benefits across major crop types in diverse real-world conditions,' Mr. Hancock stated. 'We view being intentional with our data-driven approach as being the foundation for long-term adoption and meaningful commercial growth.' MVMD has been working to advance commercialization in its agricultural division, which is focused on the licensed distribution of the Agrarius plant signaling technology. Under its exclusive license agreement with Agrarius Corp. ('AC'), MVMD holds the exclusive rights to sell the Agrarius product throughout North America, Mexico, Central America, South America, and the Caribbean (the 'Exclusive Territory'). While MVMD does not manufacture the product, it facilitates regional regulatory approvals, product trials, import logistics, business development, and commercial distribution across the Exclusive Territory. The Agrarius product is mixed either with water or with other agricultural products, such as fertilizers, pesticides, or herbicides, at the point of application and then applied via sprayer to agricultural crops at ideal times during a plant's lifecycle. Agrarius has been tested across numerous major agricultural crops and has demonstrated its ability to naturally increase crop yields with results varying depending on crop type, reduce fertilizer usage, and increase general resilience to pests and climate change forces such as drought. The Company is entering what it characterizes as a new phase of its validation and commercialization strategy in the Exclusive Territory, in particular in Latin America (LATAM), following the completion of an initial cycle of professional field trials in Brazil across key crops - including corn, sugarcane, soybeans, potatoes, and citrus - alongside an extensive evaluation program with soybean farmers in high-productivity environments. The Company's agronomists have been working closely with certified third-party agricultural testing partners, academic institutions, and farmers to conduct product trials, including extensive metabolic and physiological analysis studies for Agrarius-treated crops. The Company believes that recent trial results continue to validate the efficacy of the Agrarius product and will support its planned product adoption and broad commercialization strategy. A sample of recently achieved key trial outcomes, includes: Corn: In a study conducted by UNESP (Universidade Estadual Paulista), Agrarius application led to improved physiological conditions, higher chlorophyll concentrations, and increased root systems. This resulted in a yield increase of 14.8% in the Dourados region and 11.2% in the Santa Cruz area in Brazil. Sugarcane: Trials conducted by Agroquatro A.S, a company in Brazil that promotes and markets plant nutrition products, demonstrated a significant yield improvement of 8 to 12 tons per hectare (approximately 10%), a 15% increase in sugar yield, and a 47% reduction in damage caused by pests. Soybeans: Across 14 validation trials with farmers in Brazil, the application of Agrarius resulted in an average yield increase of 6.34 sacs per hectare. Notably, one high-performance producer participating in the Brazilian Soybean Strategic Committee ('CESB') Competition achieved a 15.61% productivity gain, yielding 117.93 bags/ha with Agrarius versus 102 bags/ha without. Potatoes: A field test harvested in June 2025 showed a productivity increase of 18.49%, with the Agrarius-treated area yielding 51,250 Kg/Ha compared to the control area's 43,250 Kg/Ha. Citrus: Preliminary results from trials on mature Hamlin orange trees showed a productivity increase of 5.29%. Satellite data analysis from the Company's contracted satellite monitoring subscription, OneSoil, visually shows a potential productivity improvement of up to 15% that will be assessed physically in the final harvest. This is consistent with previous trials the company conducted on citrus in Costa Rica. 'The results we are seeing from Agrarius trials in Latin America confirm to us its performance in diverse real-world conditions,' continued Mr. Hancock. 'Completing effective Agrarius trials helps build the confidence needed for larger agricultural operators to continue evaluating the impact of successfully integrating Agrarius more broadly into their operations.' The Company has commenced additional professionally managed testing protocols on cotton, coffee, and citrus, along with a second cycle for sugarcane and broad farmer-led validations for wheat and barley that would mirror what was recently accomplished with soybean trialing. In Colombia, MVMD has commenced a grass productivity program in partnership with FEDEGAN, the national cattle growers' federation, which supports agricultural farms covering approximately 43 million hectares of cattle pastures. The study spans seven regions and targets productivity, nutritional content, and growth cycles on different grass types when Agrarius is applied versus control groups. The trial is being managed in coordination with local agronomists and technical directors, and is expected to run through calendar 2026, with preliminary results anticipated in the 2025 calendar year. The initial trialing and business development efforts the Company has been conducting with its third-party research partners and initial agricultural prospects has provided clarity to management that it is more likely that large-scale clients will require several cycles of crop trialing experience with Agrarius before more broadly adopting the Agrarius product in a meaningful scale in their operation. Operationally, the Company completed its first trial import and clearance of its product samples into Brazil through its Panamanian logistics partner located in the Pana Park duty-free zone. This process established the customs and fiscal structure necessary for potential future larger-scale commercial shipments into Brazil. MVMD continues to manage regulatory filings across the Exclusive Territory and has secured registration in Canada, Brazil, Colombia, Panama, Bolivia, Peru and most of the US states. Additional filings are in process for Mexico, Costa Rica, and Uruguay. To protect the Agrarius brand, MVMD has filed trademark applications in thirteen key jurisdictions across LATAM. The Performance Guarantee Program ('PGP') remains a central element of MVMD's go-to-market strategy. Under the program, participating clients only pay for product after achieving defined performance thresholds. The Company believes this model has effectively reduced hesitation in early adoption for testing purposes, while generating valuable field data. MVMD and AC share the risk of performance, with AC deferring payment from MVMD until the PGP performance obligations are met. The Company believes this structure will drive revenue conversion as it scales into more significant field applications across the Exclusive Territory and is working with AC to understand how it will manage PGP opportunities in LATAM against current business development activity. 'The combination of consistent trial results, expanding regulatory approvals, and the Performance Guarantee Program is intended to position Agrarius for scaled adoption,' Mr. Hancock said. 'We view these as the key steps that will move us from testing into commercial use.' HUSBANDRY ANIMALS / AQUATIC SPECIES Soluvec™ 1% Product Progress in Bangladesh, Other Market Targets MVMD has applied its Quicksol™ solubilization technology to Ivermectin to create its Soluvec™ 1% formulation, which the Company designed to provide a safer and more effective solution for broad administration across husbandry animals and aquatic species. The Soluvec™ 1% formulation has been documented to have a nine-month stability at both room and refrigerated temperatures through a third-party Contract Manufacturing Operator in the United States. The Company's primary commercialization approach is to license this technology to third parties. MVMD previously entered into a license agreement for Soluvec™ 1% animal husbandry applications in Bangladesh with a privately held Ontario corporation holding exclusive rights to manufacture and distribute Soluvec™ 1% products in injectable and feed coating formats in Bangladesh. Under this agreement, MVMD earns a royalty on net sales in the region. As of July 2025, the Licensee has produced approximately 200 tonnes of Soluvec™ 1% coated fish feed distributed through five local distributors. Royalty revenues have been below management's expectations, impacted in part by damage to the farmed fishing industry from Cyclone Remal in 2024. MVMD has communicated performance concerns to it's licensee and will monitor sales over the coming quarters. Global interest in Soluvec™ remains positive in management's view. In an effort to grow future Soluvec™ 1% formulation royalties, MVMD intends to accelerate broader commercialization efforts across Latin America and other emerging markets in future quarters. The Company has filed for patent protection in 12 additional markets outside of the United States, including Canada, China, India, Mexico, Sri Lanka, Thailand, Philippines, Malaysia, Brazil, Peru, Argentina, and Chile. The Company's published peer-reviewed study data in the journal Therapeutic Delivery supports the improved bioavailability, efficacy, and potential cost savings of Soluvec™ for both animals and potentially human health applications. 'Soluvec™ continues to demonstrate to us its measurable advantages in stability, bioavailability, and application,' said Mr. Hancock. 'Our priority is to support the existing licensee in Bangladesh while advancing expansion into additional markets where our patents support strategic capital deployment.' ABOUT MOUNTAIN VALLEY MD HOLDINGS INC. Mountain Valley MD is building a world-class organization centered around the implementation, licensing and reselling of key technologies and formulations: patented Quicksome™ oral formulation and delivery technologies, patented Quicksol™ solubility formulation technology licensed product reseller of Agrarius™, a novel agricultural plant signaling technology Consistent with its vision towards 'More Life', MVMD applies its owned and licensed technologies to its work for advanced delivery of molecules for human and husbandry animal applications, including the development of products for pain management, weight loss, energy, focus, sleep, anxiety, and more. Additionally, MVMD's work with Agrarius is focused on generating a positive impact on crop yields and reducing fertilizer usage. MVMD's patented Quicksome™ technology utilizes proprietary formulations and stabilizing molecules to encapsulate and formulate active ingredients into highly efficient product formats. The result is a new generation of product formulations that could be capable of delivering nutraceutical and drug molecules into the body faster, with greater impact, efficiency and accuracy. MVMD's patented Quicksol™ technology covers all highly solubilized macrocyclic lactones that could be effectively applied in multiple viral applications that could positively impact human and animal health globally. MVMD's licensed Agrarius™ agricultural plant signaling technology is designed to be applied to crops to naturally increase yields, reduce fertilizer usage, and increase general resilience to pests and climate change. For more Company information and contact details, visit SOURCE: Mountain Valley MD Holdings Inc. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. The Company is making forward-looking statements, including but not limited to: the continued interest of third parties in the Quicksome™ technology and the timing thereof; that recent Agrarius trial results will support the planned production adoption and broad commercialization strategy; future testing/trials, including timing, locations and products (of Agrarius); the PGP and the results and impact thereof; and the monitoring of licensee operations in Bangladesh and the timing thereof. The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation. Neither the CSE nor OTC has reviewed or approved the contents of this press release.

Herbie Hancock at the Barbican review: unpredictable, entertaining and ageless
Herbie Hancock at the Barbican review: unpredictable, entertaining and ageless

Evening Standard

time5 days ago

  • Entertainment
  • Evening Standard

Herbie Hancock at the Barbican review: unpredictable, entertaining and ageless

Things got funky, finally, when he strapped on his white keytar and the first few bars of Chameleon, that landmark of jazz funk fusion, exploded into the hall like confetti from a canon. Leaning back to fire off riffs with one hand, Hancock traded licks with Genus then — as the groove gathered space turned to Loueke and danced, the two of them bunny hopping, doing star-jumps, as the packed auditorium cheered and Hancock finishing the night with an arm-wheeling leap.

Remembering Stephen Brown, the ‘Wizard of Oz' who took John Hancock public
Remembering Stephen Brown, the ‘Wizard of Oz' who took John Hancock public

Boston Globe

time6 days ago

  • Business
  • Boston Globe

Remembering Stephen Brown, the ‘Wizard of Oz' who took John Hancock public

A math major who joined Hancock straight out of college, Brown had no investment experience. The two divisions were worlds apart. Colleagues urged him to stay put. But his wife, Arleen, saw the opportunity. With actuarial and investing experience — a rare combination at the Boston company — he could be CEO one day, she told him. Advertisement Brown took her advice, betting that 'this would give me a real chance to run the company,' as he recalled Get Starting Point A guide through the most important stories of the morning, delivered Monday through Friday. Enter Email Sign Up The gamble paid off. Five years later, he was leading investments. He became president in 1987 and CEO in 1992. Mr. Brown, who retired in 2001 after 43 years at the company, 'He was an educated risk taker, a maverick who chose the right path over the easy, popular, or safe one,' William Brown said. With a mild manner that masked a steely determination, Mr. Brown helped transform Hancock from a staid, policyholder-owned life insurer into a Fortune 200 financial services firm. (I had the opportunity to see his management style in action when I worked in Hancock's investor relations group from 1999 to 2003.) Advertisement Brown rang the opening bell at the New York Stock Exchange on Jan. 20, 2000, John Hancock's first day of trading. Home run legend Hank Aaron (to the right of Brown), was at the NYSE to autograph baseballs. RICHARD DREW The process culminated in Hancock's conversion to a publicly traded company in 2000. Three years later, it agreed to be acquired by Manulife Financial, a Canadian rival. 'Despite all his successes during his nearly half a century at John Hancock — and there were many — his legacy is in the kindness he displayed every day and the culture he built,' Brooks Tingle, Hancock's CEO, said in a statement. When Mr. Brown was promoted to president, the company's No. 2 executive, he and then-CEO Jim Morton began exploring the idea of taking Hancock public. At the time, Massachusetts law didn't allow mutual insurers to sell stock. But with Mr. Brown leading the charge, the company began adopting public company standards for financial reporting and other practices, giving it a head start when the state passed a Morton and Mr. Brown believed going public was essential to compete in a rapidly consolidating financial sector. Access to capital would let Hancock expand its product line, offer stock options to attract talent, and pursue acquisitions. But Wall Street quickly saw the likely endgame: a takeover. That propped up the stock price even as the broader market fell during the dot-com meltdown. When Toronto-based Manulife 'A lot of us got the credit; he was the Wizard of Oz,' said David D'Alessandro, Advertisement Mr. Brown's impact on Hancock was significant. Like most insurers, the company relied on conservative investments like government bonds and real estate to pay dividends and claims. Mr. Brown expanded the portfolio into private equity, venture capital, timber, farmland, and public stocks. Profits increased. He was a mentor to younger executives and helped bring more women into Hancock's management ranks — an initiative that included creating one of the first on-site daycare centers at a major Boston company. Brown in 1996 with William Boylan (left), who was retiring as president, and David D'Alessandro, Boylan's successor. Bill Brett/Globe Staff 'Most people hire people who they are comfortable with — similar humor and often similar backgrounds,' D'Alessandro said. 'Steve preferred the 'Star Wars bar' approach. . . . Hire accomplished and smart people who are so different they look and sound like they are from different planets. Then, let them challenge each other, carefully listen to the widely diverse group, and build a team that considers many views before acting.' Mr. Brown understood the importance of a diverse workforce. There weren't many other Jews working at Hancock when he was hired in 1958. He was the first Jew to run the company, which was founded in 1862. 'This company was a Yankee company,' he said in the podcast interview with Boston University economist Laurence Kotlikoff. 'All my friends said to me, why do you want to join the John Hancock? You'll never get anywhere.' Mr. Brown's tenure included some costly missteps, including his ill-fated move into He sold Freedom Securities — parent of brokerage firm Tucker Anthony — just as banks and insurers were paying top dollar for money managers. Advertisement And in 1997, Hancock agreed to pay at least $350 million to 3.7 million customers who alleged that Hancock agents had deceptively sold them policies. Beyond his career at Hancock, Mr. Brown served as a director of the Federal Reserve Bank of Boston, chairman of the board of Ionics Inc., and a life trustee of the Raymond F. Kravis Center for the Performing Arts. He was also a member of the Vault, a bygone group of powerful executives who advocated for business with Boston and state officials. As the Vault's chairman, he presided over its decision to disband in 1997. 'He was often a voice of wisdom and caution,' said former Boston Fed president Cathy Minehan. Stephen L. Brown was born on July 6, 1937, in Providence, to Eugene and Florence Brown. The family owned a high-end women's gown shop in Brockton. After his parents divorced when he was 13, he and his mother moved to Newton. He attended Newton High School and went to Middlebury College on a full academic scholarship. He interned at Hancock after his junior year. The company hired him the following year. Mr. Brown and Arleen were married for nearly 50 years. They had two children, William and Beverly, and three grandchildren. After her death in 2010, Mr. Brown married Jamie Kotlikoff Stern (Kotlikoff's cousin), with whom he lived for 14 years, splitting their time between Palm Beach, Fla., and Osterville. She has two children, Melissa Stern and Antony Stern, from a previous marriage. After his retirement, Mr. Brown dedicated his time to philanthropy, sitting on the boards of the Alfred P. Sloan Foundation and Palm Beach Dramaworks, and serving as president of the Palm Beach Civic Association. He was an avid golfer, competitive bridge player, and watch collector, Advertisement A private family burial service will be held Thursday. A celebration of Mr. Brown's life will take place at a later date. John Hancock honored by naming its building at 197 Clarendon St. after he retired in 2001. John Hancock Larry Edelman can be reached at

Founding Father John Hancock's home is on the real estate market in Boston. Take a look
Founding Father John Hancock's home is on the real estate market in Boston. Take a look

USA Today

time22-07-2025

  • Business
  • USA Today

Founding Father John Hancock's home is on the real estate market in Boston. Take a look

Members of the public have the chance to buy the house of the man who first signed the Declaration of Independence in 1776. The 5,748-square-foot home of first Massachusetts Governor and Second Continental Congress President John Hancock is now on the market, according to Landvest real estate. The building, which is on the National Register of Historic Places, is "the last extant property associated with the founding father in Boston." The price of the building is available upon request. "The building consists of (three) stories, with many of the Later Georgian interior details still intact, and remains the only vernacular structure dating to the mid 1700s to survive in central Boston," according to the Landvest website. The building is currently in use as a law office. "A fixture on Boston's iconic Freedom Trail, the property is minutes from City Hall, Faneuil Hall, North Station, the Haymarket and Government Center T stops, and is a short walk across the Greenway to the North End, the Waterfront, and the Boston Harbor commuter ferry services," the list said. How can people go about buying the home? Unlike most real estate, the price for this home is only available on request. Interested parties need to go to where they can express interest in the home, and arrange a tour. The real estate agent representing the home is Dave Killen, who can be reached at (508) 451-0020. One report on the sale of the home states that Boston assessed the property at $1.6 million. What to know about John Hancock Aside from being the President of the Second Continental Congress, the first Massachusetts governor, and the first to sign the Declaration of Independence, "Hancock used his wealth and influence to aid the movement for American independence," according to the History Channel. He started his career as a Boston selectman in 1765, and then moved into the Massachusetts colonial legislature. This was right around the time that British Parliament started levying tax laws on the colonies that spurred the American Revolution, which Hancock found himself at the center of. "Hancock came into direct conflict with the British in 1768, when one of his merchant ships, the Liberty, was seized in Boston Harbor by British customs officials who claimed Hancock had illegally unloaded cargo without paying the required taxes," the History Channel stated. "Hancock was a popular figure in Boston, and the seizure of his ship led to angry protests by local residents. He's perhaps most famous for his bold signature on the Declaration of Independence. Legend says "Hancock boldly inscribed his name so the English king would not need glasses to read it," the History Channel said. Lesser known, he was a candidate against George Washington in the first U.S. presidential election. Considering Washington was the heavy favorite, Hancock only received four votes. Hancock died at age 56 on Oct. 8, 1793 and was buried at the Granary Burying Ground in Boston.

John Hancock's former home can be yours — said to be the sole relic from the American Revolution still standing in downtown Boston
John Hancock's former home can be yours — said to be the sole relic from the American Revolution still standing in downtown Boston

New York Post

time17-07-2025

  • Business
  • New York Post

John Hancock's former home can be yours — said to be the sole relic from the American Revolution still standing in downtown Boston

You can use your John Hancock to buy John Hancock's former house. A highly pedigreed property in the heart of central Boston is on sale for the first time in half a century, the Boston Globe reported. The pre-Revolutionary War building has a lot to brag about — it was built by that founding father, used to stash silver for the Continental Army and housed the country's oldest continually run shoe store. Moreover, the Ebenezer Hancock House is thought to be the sole surviving house from the Revolutionary period still standing in downtown Boston, the Globe reported. Advertisement It's certainly the only one you can buy. 8 The Ebenezer Hancock House. Courtesy of Flylisted | LandVest 8 John Hancock, who signed the Declaration of Independence and served as the first governor of Massachusetts. Getty Images Advertisement The brick edifice was built in colonial times around 1767 by John Hancock, the founding father known for his outsized signature on the Declaration of Independence. Hancock's lesser-known brother, Ebenezer Hancock, lived and worked in the home as a deputy paymaster for the Continental Army. The paymasters were responsible for funding American troops, and Ebenezer's home served as their wartime headquarters. Two million silver crowns loaned by the King of France in 1778 were stored in the house, according to the Boston Landmarks Commission, before they were distributed to soldiers. The 5,748-square-foot property is the only remaining Boston building associated with John Hancock. Hancock sold the property to a local merchant in 1785, according to city records, and his personal home was demolished in the 1800s. 8 A law firm has owned and preserved the building for half a century. Courtesy of Flylisted | LandVest Advertisement 8 The house contains some of the best preserved historic interiors in Boston. Courtesy of Flylisted | LandVest 8 A large hearth features an antique mantel and a beehive oven. Courtesy of Flylisted | LandVest LandVest listing agent Dave Killen told The Post that the 50-year stewardship of the property's current owners, the law firm of Swartz & Swartz, has prevented modernization or conversion. 'There's nothing like the Ebenezer Hancock House that I've seen in terms of the level of authentic carpentry that goes all the way back to its original construction,' said Killen. Advertisement The property spans three floors. Raised wood panel work and trim on the second floor remain original details from Hancock's construction. Other historic details include exposed beams, wide-plank floors and an oversize hearth with a beehive oven. Killen, who specializes in unique and historic commercial properties, called the property 'the best surviving example of later Georgian interior architecture in the city.' 8 Exposed wooden beams on an upper floor. Courtesy of Flylisted | LandVest 8 Exposed beams and wide-plank floors span the property. Courtesy of Flylisted | LandVest 8 A former tenant of the historic house pictured in 1973. Boston Globe via Getty Images Killen declined to disclose why Swartz & Swartz is selling the property or discuss prices, but the city of Boston most recently assessed the property at $1.65 million. The Ebenezer Hancock House is protected as a historic landmark, but its next owner doesn't need to turn it into a monument. Flexible mixed-use zoning means its buyer could feasibly live on the premises — with city approval, of course. Shops, boarding houses, taverns and private clubs have all occupied the Ebenezer Hancock House over time. 'We're engaged in a very deliberate search to find the right fit,' Killen said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store