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There in his bonds Loki stayed until the coming of Ragnarök, the Twilight of the Gods. In Midgard, in a northern Kingdom, a King reigned whose name was Alv; he was wise and good, and he had in his house a fosterson whose name was Sigurd. Sigurd was fearless and strong; so fearless and so strong was he that he once captured a bear of the forest and drove him to the King's Hall.

He married Hiordis, she of the ruddy hair, the unflinching ways, and the high beauty, and he brought up her son Sigurd in his house as his fosterson. Sigurd, the son of Sigmund, before he came to warrior's age, was known for his strength and his swiftness and for the fearlessness that shone round him like a glow.

5 It is a legitimate motive of manumission if the slave to be manumitted be, for instance, the father or mother of the manumitter, or his son or daughter, or his natural brother or sister, or governor or nurse or teacher, or fosterson or fosterdaughter or fosterbrother, or a slave whom he wishes to make his agent, or a female slave whom he intends to marry; provided he marry her within six months, and provided that the slave intended as an agent is not less than seventeen years of age at the time of manumission.

Prince Alv and his father put the treasure on the ship and brought the two women aboard. Then they sailed from the land. That was before Sigurd, the fosterson of King Alv, was born. Now the mother of Alv was wise and little of what she saw escaped her noting.