The small promontory at the end of Tingwall Loch, known as Tingaholm or Law Ting Holm was once home to Shetland’s earliest parliament. It was once an islet entirely surrounded by water and accessed by a stone causeway. In the 1850s the level of the loch was lowered, and the holm took on its present form.
Tingwall was also the base of the Archdeaconry in Shetland. The present day church lies on the site of a much older building, originally dedicated to St Magnus. The burial vault in the churchyard is believed to belong to this earlier building, which is thought to have had a round tower, similar to that of the St Magnus Kirk on Egilsay, Orkney.
There are a number of ancient and historical monuments in Tingwall, including a standing stone known as the murder stone. This stone is traditionally said to be the site where the Earl of Orkney killed his cousin in a power struggle over Shetland. Local folklore also suggests that a person could escape punishment at the Thing[disambiguation needed] if they were able to run to the stone and claim sanctuary. Other versions of this story involve running to the Kirk, or the nearby croft at Griesta.(from Wikipedia)