MarketProcurators of Saint Mark
Company Profile

Procurators of Saint Mark

The Procurators of Saint Mark were lifelong senior magistrates in the Republic of Venice, holding the second-highest rank after the Doge and serving as custodians of the St. Mark's Basilica's assets, finances, and charitable bequests. Elected by the Senate from noble families, the position, typically numbering nine procurators divided into three colleges, conferred immense prestige, with many incumbents later ascending to the dogeship and wielding influence over Venetian fiscal policy and public welfare.

Origins
The office of procurator of Saint Mark originated in the ninth century with a single procurator , nominated to assist the doge in the administration of the Church of Saint Mark, the ducal chapel. Over time the number of procurators increased. A second was created in 1231 and a third in 1259. At times, the number rose to forty. The effective sale of the position also made it possible for young and ambitious nobles to quickly rise to high office and to consequently exert great influence. In the sixteenth century, notably Antonio Cappello, Vettore Grimani, Federico Contarini, and Andrea Dolfin purchased the office. ==Election==
Election
The first procurator was chosen by the doge. But after 1231, the procurators were elected by the Great Council. ==Functions==
Functions
In addition to the associated public honour, the office of procurator ensured an active role in the political life of Venice: after 1453, it guaranteed a seat in the Senate with the right to vote. The position also brought economic and financial influence through the management of vast amounts of capital and of investments in commercial and private real estate, in government bonds, and in securities and deposits. With the exception of the Doge's Palace, the procurators were also specifically responsible for the construction, maintenance, and management of the public buildings around Saint Mark's Square, including the shops, food stalls, and apartments that were rented out as sources of revenue. The Procurators' offices, called ridotti, were located on the upper floor of the Marciana Library in Saint Mark's Square. ==The office today==
The office today
The office of Procurator of St Mark's was not abolished at the fall of the Republic of Venice in 1797. Instead, the Procurators remained responsible for administering the assets of St. Mark's Basilica, under the authority of the Patriarch of Venice. The position was confirmed by a royal decree issued by Victor Emmanuel III of Italy in 1931. Today, there are seven procurators, with the president holding the title of First Procurator of St Mark's (). The Procurators work closely with architects and engineers to ensure the historic preservation of St. Mark's Basilica. == Notes ==
tickerdossier.comtickerdossier.substack.com