James II narrates that he has granted to the alderman, bailies and community of the burgh of Ayr the right to hold a fair yearly at the feast of St Michael in addition to their old privilege to hold a feast at the feast of St John the Baptist yearly. Commands sheriff of Ayr not to interfere with the keeping of the new fair.

{. . .} Forsamekle as we have grantit til oure lovidis the alderman bailyeis and communite of oure burgh of Are and til our saide burgh a fare to be haldin yerli at the fest of Sanct Michaell with al privelegis and dewteis pertening thareto nochtwithstanding thare alde previlege of thare fare at the fest of sant Johnne the baptist yerli {. . .}