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Medieval Sourcebook:
Partnership Agreements:
A Money-lender & a Cooper
, 1240

It should be observed that in this case the silent partner is the money-lender, and that the two share equally in the profits of the cooperage.

In the name of the Lord. In the year of the Incarnation 1240, May eighth. Let it be known to all hearing this document read that I, Nicholas Dangiers, confess and acknowledge to you, John de Manduel, that I have had from you, by reason of our partnership, thirty pounds in royal crowns.... These thirty pounds, according to the agreement had or made between you and me I ought to look well after, and to do business with them as well as I am able, and as well as I know how in pursuit of my business of cooper, by buying and selling to your advantage and to mine. And I promise to repay to you, John de Manduel, the said thirty pounds with one half of all the profit, agreeing to pay it peaceably and without molesting you throughout the whole month of August next coming; and for the completing of this agreement I pledge to you, John de Manduel, all my goods, at present or in future in my possession, renouncing the twenty days and four months and all other delay.

Done in the house of Raymond of Pavia. Witnesses, etc.


From: L. Blancard, ed., Documents Inédits sur le Commerce de Marseille au Moyen Age, (Marseilles: Barlatier-Feissat, Pere et Fils, 1884), Vol. I, p. 137, reprinted in Roy C. Cave & Herbert H. Coulson, A Source Book for Medieval Economic History, (Milwaukee: The Bruce Publishing Co., 1936; reprint ed., New York: Biblo & Tannen, 1965), pp. 186-187.

Scanned by Jerome S. Arkenberg, Cal. State Fullerton. The text has been modernized by Prof. Arkenberg.

This text is part of the Internet Medieval Source Book. The Sourcebook is a collection of public domain and copy-permitted texts related to medieval and Byzantine history.

Unless otherwise indicated the specific electronic form of the document is copyright.Permission is granted for electronic copying, distribution in print form for educational purposes and personal use. If you do reduplicate the document, indicate the source. No permission is granted for commercial use.

© Paul Halsall, September 1998