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Hancock Park
 

Hancock Park was developed in the 1920s, by the Hancock family, with profits earned from oil drilling in the former Rancho La Brea (much of which is now the Miracle Mile district). Hancock Park owes its name to developer-philanthropist G. Allan Hancock, who subdivided the property in the 1920s. Hancock, born and raised in a home at what is now the La Brea tar pits, inherited 4400 acres, which his father, Major Henry Hancock had acquired from the Rancho La Brea property owned by the family of Jose Jorge Rocha.

Some 71 oil wells were operating at capacity on the land from 1905 to 1910. Nine years later Hancock subdivided the property into residential lots. He leased 105 acres to the Wilshire Country Club with an option to buy. The Hancock Park development was started on Rossmore Avenue and moved west to Highland Avenue in 1921.

Architects such as Paul Williams, A. C. Chisholm and John Austin were hired to design homes for many of the city's pioneer families.

 
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news01 Fiduciary: Wikipedia:
"A fiduciary is someone who has undertaken to act for and on behalf of another in a particular matter in circumstances which give rise to a relationship of trust and confidence."
A fiduciary duty is the highest standard of care at either equity or law. A fiduciary (abbreviation fid) is expected to be extremely loyal to the person to whom he owes the duty (the "principal"): he must not put his personal interests before the duty, and must not profit from his position as a fiduciary, unless the principal consents. The word itself comes originally from the Latin fides, meaning faith, and fiducia, trust. READ MORE...
 
 
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