Background
After his father"s death, a compromise was reached in 1536 in which he was named 3rd Admiral of the Indies and renounced all other rights for a perpetual annuity of 10,000 ducats, the island of Jamaica as a fief, the Dukedom of Veragua estate of 25 square leagues in the Province of Veragua on the Isthmus of Panama, and the titles of 1st Duke of Veragua and 1st Marquess of Jamaica and 1st Duke of Louisiana Vega.
