• Concerning all herring brought to town by fishermen who are strangers, the host may have [i.e. buy] two parts and the community the third part (for the same price that the host buys each of his parts).



• The host may have half of all herring brought by English fishermen not of the town, and the community the other half at the same price.



• Fishermen of the town must sell half their herring to the community.



• No-one is to buy herring and take it to his house before the town wardens have seen it and obtained the community's half.



• The committee selects as wardens [of the herring trade]: Henry Spitlyng, John Ellingham, Thomas Eye, John Norton, William Oudolf, Thomas Adams, Thomas Halle, and Richard Roberd. They are to be replaced annually [through election?] by the community. They are to have 4d. per last for their fee.



• The bailiffs, 24, and the wardens shall be sworn each year to uphold these statutes.

[These articles were copied from a document issued by bailiffs and community on 25 January 1413, in which they agreed to accept a set of ordinances made by a 10-burgess committee they had appointed for that purpose – apparently a settlement of concerns over local merchants having too much control over the herring trade. By this period, the fishery was much less productive than it had been a century earlier; the scarcity and price of herring had increased, making it more important to the lesser townsmen that they had access to this high-protein food without the interference of middlemen.]