What is to occupy or hold a place; to have a situation; to be situated or located; as, Paris stands on the Seine. Wite ye not where there stands a little town Chaucer called?

stand — To occupy or hold a place; to have a situation; to be situated or located; as, Paris stands on the Seine. Wite ye not where there stands a little town Chaucer. (Webster's 1913.)

Sources