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Updated: May 5, 2025
The safety of merchant strangers is provided for, and it is again made a felony for the king's subjects to export wool; and more important still, all merchants coming to the staple and matters therein "shall be ruled by the Law-Merchant and not by the common Law of the Land nor by Usage of Cities, Boroughs or other Towns," and any plaintiff is given the option whether he will sue his action or quarrel before the justices of the staple by the law thereof, or in the common-law court.
At first the tolls of the fair and market are collected by the lord, and the law-merchant is administered in the court of his bailiff. Often, however, he ends by leasing both the tolls and the commercial jurisdiction to the townsmen.
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