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According to the Golden Legend (a Medieval book) the story of Saint George and the Dragon took place in Silene in Libya. This town had a pond, large as a lake where a plague-bearing dragon dwelled. To appease the dragon, the people of Silene used to feed it a sheep and a virgin every day, the virgin chosen by lottery.

It happened that the lot fell on the princess of Silene. The king, distraught with grief, told the people they could have all his gold and silver and half of his kingdom if his daughter, Cleodolinda were spared; the people refused. The daughter was sent out to the lake, decked out as a bride, to be fed to the dragon.

Saint George heard of this state of affairs, and rode to the lake. The princess, trembling, sought to send him away, but George vowed to remain and fortified himself with the Sign of the Cross.

The dragon reared out of the lake while they were talking. Saint George charged it on horseback with his lance and gave it a grievous wound. Then he called to the princess to throw him her girdle and put it around the dragon's neck. When she did so, the dragon followed the girl like a dog on a leash.

She and Saint George led the dragon back to the city of Silene, where it terrified the people at its approach. But Saint George killed the dragon before them. They would have rewarded him richly, but he asked only that they receive baptism.

The king and the people of Silene converted to Christianity. On the site where the dragon died, the king built a church to the Blessed Virgin Mary and Saint George, and from its altar a spring arose whose waters cured all disease.

Traditionally, the lance with which St. George slew the dragon was called Ascalon, named after the city of Ashkelon in the Middle East. From this tradition, the name Ascalon was used by Winston Churchill for his personal aircraft during World War II since St. George is the Patron Saint of England.

[from Wikipedia]