October 1272

All merchants of the town shall fully and honestly pay for merchandize [they purchase] according to the terms of the bargain. If any refuses, the matter is to be examined by four wise men (chosen by the town) who are knowledgable about mercantile affairs. If the buyer refuses to settle within three days of a judgement being rendered by bailiffs and the four men, then the goods in question are to be sold under supervision of the four, until the seller is satisfied . If this is not sufficient, other property of the buyer may be handed over to the seller, until the debt is paid.