Summary

1911 Encyclopædia Britannica, Volume 13… (1911)

In 1221 Falkes de Breauté, then custodian of the borough, rendered a palfrey for holding a three days’ fair at the feast of All Saints, transferred in 1247 to the feast of St Margaret, and still held under that grant. A great market for corn and other produce is still held on Saturday by prescription. The wool manufacture flourished at Honiton in the reign of Henry VII., and it is said to have been the first town at which serges were made, but the industry entirely declined during the 19th century.
Source: Wikisource

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