GREAT BRITAIN: Lords for Sale

One of Britain's most resounding titles, which for sheer euphony tops that of many a noble duke and earl, is held by the Lord of the Manor of Circum cum Wilcocks alias Fransham Parva in the parish of Little Fransham. Last week, along with 26 other manorial lordships, it was knocked down at auction for a paltry $924. At the same auction, London Bookseller William Alfred Foyle bought himself five lordships for $5,400.

Unlike the patents of nobility borne by Britain's peers, which no man can buy, the ancient feudal title, lord of the manor, has long been negotiable. In...

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