IN 2014, the F.O. Bailey Company changed hands when it was purchased from Joy Piscopo by Falmouth real estate broker David Jones and his wife of 30 years, Nancy McInnis-Jones. According to Piscopo, the F.O. Bailey name is synonymous with “integrity, expertise and experience,” and she expects the new owners will live up to that standard.
 “I wouldn’t have sold it to them if I didn’t feel that they would carry the name into the future in a good way,” she said. Jones, who has been in the real estate business for 40 years, declined to say how much the couple paid for the name, but said it’s well worth the investment.
“It’s a Maine tradition,” said David Jones. “The name F.O. Bailey has the same prominence here as L.L. Bean. We’re proud to be a part of it.”

IN 1819, when young Henry Bailey opened a general merchandise store on Ingraham’s Wharf in Portland and began auctioning salvaged goods on the street out front, James Monroe was serving as our country’s fifth president. Maine was still a part of Massacchsetts (it wouldn’t become a state until 1820), and construction on the Erie Canal had only recently begun. Henry Wadsworth Longfellow, Portland’s native son and America’s most beloved poet, was only 12 years old. The country was still very young, but there was a great sense of optimism about the future.

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