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1563, September 29
Copenhagen
King Frederick II of Denmark renews the sulfur monopoly on behalf of Stefan Loitz, which had led to problems before. The king will form a company for 7 years with the Loitz family, which will send two ships annually to Iceland for sulfur, for which Loitz will provide the merchandise. In return, they will give the king a loan of 60000 daler for 3 years, and the sulfur that was confiscated in Hamburg will be returned to them.
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