Muniment

Before the advent of capitalism and the stock-market investment, the ownership of land and operational manors was the principal asset used by the English gentry for the long-term storage of wealth.

Thus several charters, indentures, entails, marriage settlements and last will and testaments of varying dates and contained within several sheets of parchment might form the complete devolution of title for just one estate.

In previous times title deeds were the main evidence of ownership (apart from physical possession of land, said by the old adage to form "nine tenths of the law"), and where a person owned dozens of estates, many of which he rarely or never visited, and ownership of which was frequently the subject of legal challenges, for example by distant relatives of testators, it was essential to safeguard title deeds.

Security needed to provide not only against theft, but also against destruction of the parchment (i.e. animal skin) and ink by fire, excessive heat, sunlight, water, mould, insects and rodents.

[citation needed] The intact muniments room of an ancient mansion house or castle was frequently found by modern historians and genealogists to provide a rich source of materials for research purposes.

Iron-covered muniment chest, 14th century, used by the English Exchequer to store documents
View into muniments room of Dunster Castle , Somerset, England, in which the Luttrell family kept secure the title deeds of its many estates