The fountain builder Johann David Voelcker created the White Lily Fountain in 1794 as a classicist pump fountain. According to the Frankfurt fountain book, its predecessor was first mentioned as a fountain in 1390. The eight-meter-high structure reached up to the second floor of the corner house in front of which it stood. The basin was framed by four pillars that supported an obelisk with a vase and a gilded lily. The fountain stood at the entrance to Fressgass' on Comoedienplatz, today's Rathenauplatz. It owes its name to the neighboring house Zur Weiße Lilie. It was in use here until 1831. Then it was demolished and its stones either sold or used in construction.
Since then, all that has remained of the fountain is the obelisk made of red Main sandstone, alternating between bossed and smooth blocks. This was restored in 1983/84 with financial support from the Kuratorium Kulturelles Frankfurt. In 1990, with the help of the board of trustees, it was given a sandstone bench around it and re-erected on Goetheplatz. But the fountain did not find its final home here either: As part of the redesign of the square, it was dismantled in 2005 and stored in the city depot.
In the search for a suitable location, the Cultural Office, the Monument Office, the City Planning Office and the Office for Construction and Real Estate, in collaboration with the Local Council 1, agreed on Friedrich-Stoltze-Platz. Moving the Stoltze fountain to Hühnermarkt not only freed up a space here, the obelisk is particularly well suited to this location due to the lighting conditions and the lush tree growth.