Let S be a countable set, Q a strictly positive matrix on S × S. The set 𝒢(Q) of one-dimensional Markov random fields taking values in S with conditional probabilities determined by Q has been investigated by Spitzer [4], Föllmer [1] and Kesten [3]. In this paper a new result of Spitzer's is stated and proved, and used to present a specific example (the only one known) of a matrix Q which exhibits phase transition and admits a complete description of 𝒢 (Q).