Duchy of Cornwall from Duchy income, assisted by Grants-in-aid from the Queen. If there is no duke (for example, if the monarch does not have any male children) the duchy income reverts to the monarch and the annual Sovereign Grant is reduced annually by the amount of the duchy's income. The duchy was established on 17 March 1337 by the Royal Great Charter out of the former Earldom of Cornwall by Edward III for his son, Edward, Prince of Wales, the "Black Prince", who became the first Duke of Cornwall. The charter established that the Duke of Cornwall is to be the eldest
Albert, Prince Consort at the loss of her husband that she entered into a deep state of mourning and wore black for the rest of her life. On her death in 1901, their eldest son succeeded as Edward VII, the first British monarch of the House of Saxe-Coburg and Gotha, named after the ducal house to which Albert belonged. Albert was born at Schloss Rosenau, near Coburg, Germany, the second son of Ernest III, Duke of Saxe-Coburg-Saalfeld, and his first wife, Louise of Saxe-Gotha-Altenburg. Albert's future wife, Victoria, was born earlier in the same year with the assistance of the same midwife, Charlotte