This place was the site of the former town hall, of which the earliest traces date back to 1446. It was often referred to under the name "Hall", but it was also called the "Scepenhuis", the house of the councillors.It was partially destroyed following a fire in 1533, before being razed to the ground during the siege by the French in 1675.The stone pump, atop the statue of the Madonna, still draws water from the former town hall well.The current statue was sculpted by Joseph Gérard de Polleur and was installed on 29th May 1960. It replaced the former cast iron statue made by the sculptor from Liège, Alphonse De Tombay, which had been installed in 1875 to mark the gratitude of Limbourg's inhabitants to the Virgin Mary who preserved them from the terrible cholera epidemic in 1866, whilst a large number of inhabitants from the lower reaches of the town died.