The morning news. [volume] (Savannah, Ga.) 1887-1900, 1888-01-26
A NEGRO FAM1LY's S4e,ooo,ooo.
Said to Have Inherited That Amount
From an Ancestor in Mexico.


From the Galveston Ne,os.
When the New York papers few days
ago referred to n. w. Cooney as being the
wealthiest colored man in Texas they had
evidently not heard of the Lincoln family,
now residing in Dallas, six children in ill,
who have come into possession of $4S, 000,-
600. giving them the snug little fortune of
600 apiece
One of the heirs to this immense property
is at present in Galveston, and a NeiUS re-
porter looked him up yesterday, as much
out OF curiosity too see a negro possessed of
such enormous wealth as i'll search of an
item.
The following item from a paper pub
llshed in Paris, Tex, in connection with
the information that one of the heirs was in
the city, is that which directed the reporter
in the search:
''Ghe Lincoln heirs (colored, living in
Dallas, who year or so ago became the
wealthiest colored people in America, have
recently come in possession of all their
property. The amount due them was on
deposit in the Bank of England and aggre-
gated the enormous sum of SIS, 100000.
Forty light million dollars! This has just
been divided among the heirs-Abraham,
Ed, Burr. Mat, Fannie and Lula-each
having received SS,000,000. Eight million
dollars!n
The party in Galveston bears the illus
triOuS cognomen of Abraham Lincoln. He
was traced to a colored boarding house on
Twenty fourth street, between Post Office
and Church, but not being found in he cour-
teouSly responded to the NetCs man to call
at the office, which he did last night, coming
in as meekly as though he wanted to borrow
a dollar, instead of owning $1,000 900.
Abraham Is a young man, apparently not
over - years Of age, of saddle-colOred
complexion, and evidently man of more
than the average intelligence of his race.
He has credentials, printed letter heads,
etc, wherein he is styled Gov Abraham
Lincoln, showing him to be manager of the
estate.
When asked by what means such enor-
nous wealth had been acquired by his
family, he replied that it was an inner
itance from his grandmother, Fanny Ellis,
who resided at Dallas. where she died year
or two ago. Fanny Ellis was Mexican
woman, and some forty years ago her hus-
band acquired immense wealth in specu-
lating in Mexican mining claims, which
was deposited in the Bank of England Pre-
ceding the late civil war they bought and
sold slaves. Among one of their purchases
from slave-trader was the father of the
six children who recently came into the
possession of the S4S, 600, 600. The father
married the daughter of his mistress, by
whom he was set free, and the six children,
being the direct issue of that marriage, es-
tablished the chain of direct inheritance
Some litigation was necessary in estab-
fishing their claim, and it was only few
days ago that they acquired actual posses
sion of their fabulous Inheritance.
Abraham Lincoln is here, as he says, with
the view of probably locating at Galveston.
When asked if he had matured any plans
for investing this vast estate be replied that
they had decided to invest it all on Jan. /,
in United States bonds. The interest on
the bonds, he said, will give us more than
enough to live on, with good margin for
speculation without touching the principal.
It is also a safe investment and carries with
it an immunity from taxation.