Founder
Cherubino da Spoleto
Denominations
Monte di pietà di Prato (1476-1938); Monte pio di Prato (1476-1938); Monte di credito su pegno di Prato (1938-1942)
Activity period
1476 - 1942
Location
Nation/Country: Italia - Region: Toscana - Province/District: Prato - City: Prato
History
The Monte was founded in 1476, following the preaching of Observant Franciscan priest Cherubino da Spoleto. Cherubino himself was the head above the Monte reform in 1483. Later on, two of his confreres intervened, Pietro (1488) and Timoteo da Lucca (1493). In 1512, the institute ceased its activity following the sack by the Spanish troops. The activity resumed in 1524 thanks to the munificence of Pope Clement VII and Baldo Magini. In 1821, the Monte was forced to a new closure, yet was immediately reorganized and reopened the same year. By decree dated December 10th, 1942, the modalities for the incorporation of the Monte di credito su pegno di Prato into Cassa di Risparmio di Prato were established.
Activities
Pawnbroking with 10% interest rate until 1493; then 5% rate.
Regulatory framework
Statute of 1476; Statute of 1483; Statute of 1488; Statute of 1491; Statute of 1493; Statute of 1524; Statute of 1551; Statute of 1554; Statute of 1563; Statute of 1566; Statute of 1570; Statute of 1587; Statute of 1628; Statute of 1700; Statute of 1821.
Internal organization
The initial management of the Monte, according to the Statutes of 1476, was entrusted to 4 officers, 1 superintendent, 1 camerlengo, 1 notary, 2 assistants and 1 night guard.
Denomination
Monte di Pietà o Monte Pio di Prato (fund)
Date
1549-1933
Consistency
Registers, envelopes and dossiers 170
Archive keeper
Archivio di Stato di Prato
Archive keeper link
http://www.archiviodistato.prato.it/
Archival history
The documentation is divided into 27 series. Already deposited at Archivio Comunale di Prato, it was transferred to Sezione di Archivio di Stato when it was established, in 1958. Other documentation produced by the Monte is kept at Archivio Storico della Cassa di Risparmio di Prato [https: // www .arcart.it / archivistica / archivio-storico-di-cariprato /]
Bibliography
Giulio Giani, Saggio di una storia del Monte Pio del comune di Prato, «Archivio Storico Pratese», VIII/2-4 (1927), pp. 97-147.