Medieval Sourcebook:  
          The De Manduels:  
          Loan to a Master Mason, 1252
           
          The de Manduels protected themselves from loss when making loans by such elaborate
                contracts as the following. There were many laws protecting the debtor, a certain
                indication of the widespread practice of borrowing. Though no interest is specifically
                mentioned, it is very probable that it is concealed in an overstatement of the loan made
                or in the clause concerning payment of loss and damage if the loan is not paid on time.          
          In the name of the Lord, amen. In the year of the Incarnation 1252, November fifteenth.
              Be it known to all, both present and future, that we, Raoux, master mason, and Pellegrine,
              his wife, in good faith and without fraud, equally and together, confess and acknowledge
              for the truth to you, John de Manduel, that we have had and received from you by reason of
              our mutual friendship and love fifty solidi in royal crowns, renouncing with full
              knowledge of our action all claim to money not named by us and not received from you. We
              promise to you, John de Manduel, with your consent, that we shall both pay those fifty
              solidi to you or to your messenger between now and next Lent. But if we do not do that,
              and if you or your servants incur loss or sustain damage in exacting the said debt by
              process of law or otherwise, then all losses and damages which you incur we promise to
              repay you, believing your simple word without any kind of proof. And we swear that we will
              not go against, or attempt to overthrow or combat this arrangement, and this we do upon
              the Gospels, and we pledge ourselves to you in all our goods both present and future. We
              promise you that we shall accept the command or injunction, whenever it pleases you, of
              the judge of the city of Marseilles, for paying to you the said fifty solidi in the said
              period. We renounce all benefit of the new law De duobus reis and the respite of
              twenty days and four months and all laws by which we might proceed against the said
              arrangement. And I, the said Pellegrine, renounce the benefit of the Velleian
              senatus-consult and the law of mortgage and the Julian law of the dowry. Done in the court
              of Master Frassius.  
          Witnesses, etc. 
           
          
            Source. 
            From: L. Blancard, ed., Documents Inédits sur le Commerce de Marseille au Moyen Age,
              (Marseilles: Barlatier-Feissat, Pere et Fils, 1884), Vol. I, p. 194; reprinted in Roy C.
              Cave & Herbert H. Coulson, eds., A Source Book for Medieval Economic History, (Milwaukee:
              The Bruce Publishing Co., 1936; reprint ed., New York: Biblo & Tannen, 1965), pp.
              180-181. 
            Scanned by Jerome S. Arkenberg, Cal. State Fullerton. The text has been modernized by
              Prof. Arkenberg. 
           
           
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              Medieval Source Book. The Sourcebook is a collection of public domain and
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          © Paul Halsall, October 1998  
            halsall@murray.fordham.edu                               
 
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