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and Cornwall were created, with certain powers and estates of land accruing to their dukes. The Duchy of Lancaster was created in 1351 but became merged with the Crown when, in 1399, Henry Bolingbroke, Duke of Lancaster, ascended the throne of England as Henry IV. Nowadays, the Duchy of Lancaster always belongs to the sovereign and its revenue is the Privy Purse. The Duchy of Cornwall

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