Stamford, one of the oldest municipal boroughs of England, is situated partly in Lincolnshire, partly in Northants, on the river Weiland. It appears in history soon after the Roman period, and was one of the five Danish boroughs. In the 13th and 14th centuries it almost rivalled Oxford and Cambridge as a seat of education. It returned a member to Parliament under Edward III., and was incorporated under Edward IV., and now gives its name to an electoral division of Lincolnshire. An excellent High School and several charitable institutions still survive. Its present importance is due to a large trade in agricultural products, but implement-making, waggon-building, and iron-founding are also carried on.