Rules and Regulations
Before the Monte di Pietà actually operated, a group of "eight men assembled to draw up the statues" of the Florentine monte di pietà on April 15, 1496. The eight who gathered were Niccolò de’ Nobili, Piero de’ Lenzi, Bernardo de’ Segni, Niccolò de’ Nero, Piero de’ Guicciardini, Giacopo de’ Salviati, Antonio di Sasso di Sasso and Diacopo Mannucci. It was the members of the patrician class that dominated the prestigious and well paid positions of decision making concerning the Monte di Pietà. Since the purpose of the Monte di Pietà was to combat usury, there were clear guidelines regarding the operations of the organization. For example, the employees had to ensure that all items that were exchanged were free, and therefore the legal property of the person pawning it. Also there were guidelines regarding the kind of items that were permitted, and the amount a person could borrow, both in terms of time and quantity. For example, holy items and unfinished goods such as pieces of cloth were not accepted as pawns for loans.
Read more about this topic: Mount Of Piety
Famous quotes containing the words rules and regulations, rules and, rules and/or regulations:
“Here was a place where nothing was crystallized. There were no traditions, no customs, no college songs .... There were no rules and regulations. All would have to be thought of, planned, built up, createdwhat a magnificent opportunity!”
—Mabel Smith Douglass (18771933)
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“One might get the impression that I recommend a new methodology which replaces induction by counterinduction and uses a multiplicity of theories, metaphysical views, fairy tales, instead of the customary pair theory/observation. This impression would certainly be mistaken. My intention is not to replace one set of general rules by another such set: my intention is rather to convince the reader that all methodologies, even the most obvious ones, have their limits.”
—Paul Feyerabend (19241994)
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—Lydia Jane Pierson, U.S. womens rights activist and corresponding editor of The Womans Advocate. The Womans Advocate, represented in The Lily, pp. 117-8 (1855-1858 or 1860)