During the minority of Luis Colón the transaction occurred and arbitration that ended Columbian Lawsuits with the Spanish crown and in 1537 he received the knighthood of this I Duke of Veragua and Manor territorial six hundred twenty-five square leagues, composed of lands of ancient Veragua and Castilla del Oro. He was also graced with the hereditary dignity of I Marquis of Jamaica and the lordship of the island, putting an end to the Viceroyalty of the Indies