Giovanni de' Medici is elected Pope Leo X

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Giovanni de' Medici is elected as Pope Leo X. He was to become known for his sale of indulgences to fund the building of St. Peter's Basilica, and his rejection of Martin Luther's 95 Theses, sparking off the religious split of the Reformation.

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Citation:
Editors. "Giovanni de' Medici is elected Pope Leo X". The Literary Encyclopedia. First published 01 November 2010
[http://www.litencyc.com/php/stopics.php?rec=true&UID=14186, accessed 24 May 2013.]