This Day in History: 1232-11-22

On 22nd November 1232, John de Lacy, lord of Pontefract, was granted the third penny of the county of Lincolnshire after the death of his wife’s (Margaret) uncle Ranulph, Earl of Lincoln, on 26th October that year. This was the prelude to de Lacy’s formal investiture as Earl. The ‘third penny’ meant that de Lacy would receive one-third of the revenues of justice of the shire (£20 or over £31,000 in today’s money)