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Front Page arrow Titles (by Subject) arrow 301.: Lothar II (855-69) Grants a Market to the Monastery of Prüm, 861. - A Source Book for Mediaeval History. Selected Documents Illustrating the History of Europe in the Middle Age

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Collection: Primary Sources
Subject Area: History

301.: Lothar II (855-69) Grants a Market to the Monastery of Prüm, 861. - Oliver J. Thatcher, A Source Book for Mediaeval History. Selected Documents Illustrating the History of Europe in the Middle Age [1905]

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A Source Book for Mediaeval History. Selected Documents Illustrating the History of Europe in the Middle Age, ed. Oliver J. Thatcher and Edgar Holmes McNeal (New York: Charles Scribner’s Sons, 1905).

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301.

Lothar II (855-69) Grants a Market to the Monastery of Prüm, 861.

Markets were a part of the regalia; that is, no one had a right to set up a market without the king’s permission. Small coins were necessary for the convenience of those who came to the market, and hence the lord of the market always received the right to establish a mint in connection with his market. In order to insure justice and fair treatment to the merchants who might bring their wares to the market, it was separated from the local jurisdiction, and the lord of the market was given jurisdiction over all crimes committed during the market and on the ground occupied by it. A further interest attaches to the charters of markets because in some cases the towns which grew up about the market-places became cities, and the market charter was developed into the city charter.

Lothar II, etc. . . . Therefore, let all our faithful subjects, both present and future, know that Ansbald, abbot of the monastery of Prüm, has told us that that place suffers great disadvantage because it is so far distant from a market and mint. On this account, he begged us to grant his monastery our permission for the establishment of a market and mint in a place which is called Romarivilla, which is not far from his monastery. Out of reverence for the Lord Jesus Christ, and for the salvation of our soul, we gladly grant his petition, and have ordered this document to be written, by which we decree and command that hereafter that monastery may have an ordinary market in the above-named place and a mint for coining denarii of the proper weight and quality. And no public official shall levy a tax of any sort on the monastery for this market and mint, but they shall be wholly for the profit of the monastery and its inmates. And that this concession may never be violated, we have ordered it to be sealed with our ring and we have signed it with our own hand. . . .