Ivan's Hundred () was an association of merchants which existed in the 12th–15th centuries in the

Novgorod Republic The Novgorod Republic () was a medieval state that existed from the 12th to 15th centuries in northern Russia, stretching from the Gulf of Finland in the west to the northern Ural Mountains in the east. Its capital was the city of Novgorod. The ...

. The association gathered around the Church of St. John the Forerunner () in

Novgorod Veliky Novgorod ( ; , ; ), also known simply as Novgorod (), is the largest city and administrative centre of Novgorod Oblast, Russia. It is one of the oldest cities in Russia, being first mentioned in the 9th century. The city lies along the V ...

and consisted of merchants who traded wax wholesale. The ''starostas'' (heads) of the Ivan's Hundred were permanent members of the Commerce Court of Novgorod and ruling Council of the

. They also took part in signing

trade agreement A trade agreement (also known as trade pact) is a wide-ranging taxes, tariff and trade treaty that often includes investment guarantees. It exists when two or more countries agree on terms that help them trade with each other. The most common tra ...

s. The rights and responsibilities of the members of the Ivan's Hundred were stated in the so-called ''Charter'' (Устав) and ''Manuscript'' (Рукописание) of the prince Vsevolod Mstislavich. Each member had to pay an entrance fee of 50

grivna The grivna () was a currency as well as a measure of weight used in Kievan Rus' and other states in Eastern Europe from the 11th century. Name The word ''grivna'' is derived from from . In Old East Slavic, it had the form , ''grivĭna''. ...

s of silver and additionally to give a bolt of

Ypres Ypres ( ; ; ; ; ) is a Belgian city and municipality in the province of West Flanders. Though the Dutch name is the official one, the city's French name is most commonly used in English. The municipality comprises the city of Ypres/Ieper ...

cloth (from Flanders) to the ''tysyastsky''. The ''tysyatsky'' arbitrated disputes between the members.

References

{{Reflist Novgorod Republic