The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1888-05-03
manitomof pilot.
THURSDAY, NAY 8.
Negroes Worth Millions.

When the New York papers a 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 all, who have
come into possession of SIS, 200, 900,
giving them the snug little fortune of
IS, 900 apiece.
One of the heirs to this immense
property is at present in Galveston,
and Nel0s reporter looked him up
Yesterday, as much out of curiosity to
see a negro possessed of such enor-
nous wealth as in search of an item.
The following item from 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 year or SO ago became
the wealthiest colored people in Amer
lea, have recently come in possession
of all their property. Tie amount
due them was On deposit in the Bank
of England, and aggregated the enor-
nous sum of $4,000, 900. Forty-eight
million dollars! This has just been di-
vided among the heirs-Abraham, Ed,
Burr, Matt, Fannie and Lula
having received $4,000 Eight
million dollars"
The party in Galveston bears the il
lustrious cognomen of Abraham Lin
coin. He was traced to a colored
clearinghouse on Twenty-fourth
street, between Postoffice and Church,
but not being found in he courteously
responded to the NeaCS 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 $8,000,000 Abraham is
young man, apparently not over 80
years of age, of a saddle-colored COM
plexion, and evidently man of more
than the average intelligence of his
race. He has credentials, printed let
tcr-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,
where she died a 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 tie 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
recently came into the possession of
the SIS, 900, 600. The father married
the daughter of his mistress, by whom
he was set tree, and the six children,
being the direct issue of their mar
riage, established the claim of direct
inheritance.
Some litigation was necessary in es-
tablishing their claim, and it was only
a few days ago that they acquired
actual possession of their fabulous in
heritance.
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, he
replied that they had decided to invest
all on Jan. l in United States bonds.
The interest on the bonds he said,
would give us more than enough to
live on, with a good margin for specu-
lation without touching the principal.
| 1t is also a safe investment and carries
with it immunity from taxation. -Gal-
CeStOU AelCS.