Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1888-05-02

When the New York papers i few
days ago referred to N. w. Cooney az
being the wealthiest colored man ii
Texas they had evidently not heard Of
the Lincoln family, now residing in
Dallas, six children in all, who have
Come into possession OF S48, 600. 900,
giving them the snug little fortune of
$S, 900, 900 apiece.
One of the heirs to this immense
property is at present in Galveston,
and q Nea0s reporter looked him up
yesterday, as much out of curiosity to
see q negro possessed of such enor-
nous wealth as in search Of an item.
The following item from d paper
published in Paris, Tex, in connection
with the information that one OF the
heirs was in the city, is that which di.
rected the reporter In the search:
The Lincoln heirs (colored) living
in Dallas, who q year or SO ago became
the wealthiest colored people in Amer
lea, have recently come in possession
Of all their property. The amount
due them was on deposit in the Bank
OF England, and aggregated the enor.
nous sum of $48, 900, 900. Forty-eight
million dollars! This has Just been di.
vided among the heirs Abraham, Ed,
Burr, Matt, Fannie and Lula-each
having received $8,0O0,000. Eight
million dollarsr'
The party in Galveston bears the il
lustrious cognomen of Abraham Lin
coin. He was traced to d colored
clearinghouse on Twenty-fourth
street, between Postoffice and Church.
but not being found in he courteously
responded to the News man to call at
the Office, which lie did last night.
coming in as meekly as though he
wanted to borrow dollar, instead Of
owning s8,000,000. Abraham is a.
young man, apparently not over 35
years of age, of saddle-colored COM
plexion, aud evidently man of more
than the average intelligence of his
race. He has credentials, printed let
ter-heads, ETC., wherein he is STYLED
Governor Abraham Lincoln, showing
him to be the manager of the estate.
When asked by what means such
enormous wealth had been acquired
by his family, he replied that it was
an Inheritance from his grandmother,
Fannie Ellis, who resided at Dallas, i
where she died year or two ago.
Fannie Ellis was Mexican woman, |
and some 40 years ago her husband
acquired immense wealth in speculat-
ing in Mexican mining claims, which /
was deposited in the Bank of England. |
Preceding the late civil war they
bought and sold slaves. Among one
Of their purchases from a slave-trader
was the father of the six children who
came into the possession Of
,he $48,000,000. The father married
he daughter of his mistress, by whom
ne was set freq, and the six children,
being the direct issue of their mar
.iage, established the claim of direct
Some litigation was necessary in es-
,ablishing their claim, and it was only
! few days ago that they acquired
lctual possession Of their fabulous in
leritance.
Abraham Lincoln is here, as he says,
With the view of probably locating at
Galveston.
When asked if he had matured any
,lans for investing this vast estate, he
eplied that they had decided to invest
IL on Jan. / in United States bonds.
The interest on the bonds, he said,
would give us more than enough to
i've on, with good margin for specu-
alton without touching the principal.
t is also safe investment and carries
nth it immunity from taxation. Gal
esto,s NesUs.