The provost, bailies, council and community, for the old rite and loveable custom of the burgh, in honour of their glorious patron St Nicholas, statute and ordained that all persons, burgesses, neighbours, burgesses' sons and inhabitants, able to ride, shall ride on every St Nicholas' day, when they are instructed to do so by the provost and bailies. Any one who has tacks or pensions of the town etc and who does not do so shall lose their tacks, pensions etc. Any other transgressor shall pay 20 s to St Nicholas' work and 8 s to the bailies.

The said day, it was statut and ordant, be prouest, bailyeis, counsaile, and comunite present for the tyme, representand the body of the towne, warnit tharto be Gilbert Preston, officiar, for the auld rit and lovabile consuetud of the said burgh, vsit and preseuerit all tyme bigane, past memor of man, in the honor of our glorious patroun, Saint Nicholes, that ale personis, burges, nychtbours, burges sones, and induellaris within the said burgh, abill to rid to decoir and honor the towne in thair best eray convenient tharto, sal rid every Sanct Nicholes day, al tymes to cum, quhen thair ar warnit be the prouest and bailyies; and gif ony burges, or burges sonis, havand taks of watris, fishingis, landis, or ony pension or proffit of the tovne, abill to rid, beand warnit be the prouest and bailyeis, and will not rid, and be conuict tharanent be ane suorne assiss, sal tyne thar takis, pensionis and proffitis that thai haue of the said burgh, and sal be secludit, removeit, and uterlie expellit tharfra, in tym to cum, without ressonable caus schawin and exponit to the said prouest and bailyeis, and to be considerit be thame gif it be lauchful impediment and excuss quharthrow thai may nocht rid: and atour, that al personis, burges, merchand men, and craftismen, havand na takis, habill to rid, beand warnit be the prouest and bailyeis as said is, and will nocht rid, sall pay xx sh. to Sanct Nicholes werk unforgevin, and aucht shillingis to the bailyeis unlaw, without lauchful impediment as said is, conformand to the uther actis maid tharapone obefoir.