Answer:
What runs around all day. Then lies under the bed. With its tongue hanging out?
My first master has four legs, my second master has two. My first I serve in life, my second I serve in death. Tough I am, yet soft beside. Against ladies cheeks I often reside.
A warrior amongst the flowers, he bears a thrusting sword. He uses it whenever he must, to defend his golden hoard.
What flies without wings?
A dragons tooth in a mortals hand, I kill, I maim, I divide the land.
I fly to any foreign parts assisted by my spreading wings. My body holds an hundred hearts Nay I will tell you stranger things when I am not in haste I ride and then I mend my pace anon.