This Day in History: 1462-10-12
On 12th October 1462, a ten-years-old Richard, brother of Edward IV, Duke of Gloucester and steward of the Duchy of Lancaster north of Trent with official residence at Pontefract Castle, was appointed Admiral of England, Ireland and Aquitaine. Two months previously, in order to support his status, Richard had been given the castle of Gloucester, the constableship of Corfe Castle, the manor of Kingston Lacy and lordship of Richmond (soon to be transferred to his brother George). Around this time, Richard was also given property from the Duchy of Lancaster valued at £1000 a year (£1 million in today’s money) to provide a suitable income.