The old town hall once stood on this site. It was first mentioned in 1446. It was often referred to as the "Halle", but was also known as the "Scepenhuis", the aldermen's house. It was partially destroyed by fire in 1533 and then completely destroyed during the siege by the French in 1675. The stone pump, topped by the statue of the Virgin, still draws its water from the old well at the Town Hall. The current statue was sculpted by Joseph Gérard de Polleur and installed on 29 May 1960. It replaced the previous cast-iron statue by the Liège sculptor De Tombay. The latter had been placed in 1875 to mark the gratitude of the people of Limburg to the Virgin who had saved them from the serious cholera epidemic in 1866, when a large number of inhabitants of the lower town had died.