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esgaroth
  • The Master of Esgaroth was probably elected by the merchants of Lake-town/Esgaroth.
  • After the death of Smaug, the Master ran away with the money given to him by Bard to rebuild Esgaroth, but he later died in the deserted, hostile Waste.
  • Esgaroth became rich again after it was rebuilt, trading with the wood-elves, the dwarves who moved in to Erebor (the Lonely Mountain) and the newly restored town of Dale, which was ruled by Bard.