A historic fixture of the Saint John City Market will be under new ownership.
Slocum & Ferris, which was founded in 1895 and has received international press for its dulse-related products, has been sold.
Dave Forestell and Sherrie Boyd have decided to no longer operate the stall, and have sold it to a numbered company 721360 N.B. Ltd. which lists Corey Dugas as the president.
A new lease agreement for the space is part of the January 25 city council package.
According to a staff report in the package, the new owners plan to continue operating the business as Slocum & Ferris and will continue to offer most of the services and menu items as were offered before.
A Quispamsis man is facing allegations of unlicensed real estate, mortgage brokering and investment activity by the Financial and Consumer Services Commission.
FCNB is seeking cease and desist orders as well as financial penalties against John Albert McKellar and 668054 N.B. Ltd.
McKellar is accused of coordinating the sale of two Saint John homes and charging two homeowners $3,000 for his services without a licence.
It is also alleged that he solicited thousands of dollars from a senior on a fixed income to invest in a business.
The commission said it began an investigation after a complaint involving McKellar’s activities in a 2016 real estate transaction.