The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1888-01-04
WEALTHY NEGROES.
"A Texas CoIored Man Who is Worth S.
600, 900.
Galveston News

Galveston News.
When The New York papers a few days
sgo referred to N. w. Quincy as being the
wealthiest colored man in Texas, they had
evidently not hesrd of the Lincoln family,
now residing at Dallas, six children in all,
who have come into the possession of S48,-
0OO,0OO, giving them the snug little fortune
Of SIS, COG, 600 apiece.
One of the heirs to this immense prop
erty is at present in Galveston, and News
reporter looked him up yesterday, as much
out OF curiosity TO see negro possessed of
such enormous wealth as in search of an
item.
The following item from q paper pub
lished in Paris, Tex, in connection with
the information that one of the heirs was
u the city, is that which directed the re.
porter in the search.
The Lincoln heirs (eolored), living in
Dallas, who year or so ago became the
wealthiest colored people in America,
have recently came into possession Of all
OF their property. The amount due them
was on deposit in the Bank of England,
and aggregated the enormous sum OF $48,-
COO 600. Forty-eight million dollars
This has Just been divided among the
heirs, Abraham, Ed, Bur, Mat, Fannie and
Lulu, each having received S., 900, 600.
Eight million dolla-si
The party in Galveston bears the illus.
trious cognomen of Abraham Lincoln. He
was traced to colored boarding house on
Twenty-fourth street, between Postofice
and Church, but not being found in the
courteously responded to the request of
the News man to call at the Office, which
he did last night, coming in as meekly as
though he wanted to borrow 81 instead of
owning IS 600 900. Abraham is a young
man apparently not oyer thirty-five years
of age, of a saddle-colored complexion,
and evidently a man of more than the
average intelligence OF his race. He has
credentials, printed letter-heads, etc..
wherein be is styled Governor Abraham
Lincoln, showing him 10 be the manager
of the estate.
When asked by what means such enor.
nous wealth had been acquired by his fsmi-
ly, he replied that it was an inheritance from
his grandmother, Fanny Ellis, who resided
at Dallas when she died a year or two ago.
Fanny Ellis was a Mexican woman, and
some forty years ago her husband acquired
immense wealth in speculation in Mexican
mining claims, which was deposited in
the Bank of England. Preceding the late
civil war they bought aud sold slaves, and
smong one of their purchases from slave.
trader was the father of the six children
who have recently come in possession of
the $4S, 100000. 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, establish
the chain of direct inheritance. Some
litigation was necessary in establishing
their claim, and it was only q few days
ago that they acquired actual possession
of their fabulous inheritance.
Abraham Lincoln is here, as he says,
with the view of probably locating at Gal
weston.
When asked if he had matured any
plans for investing this vast estate, he re-.
piled that they had decided to invest il all
on January /, in United States bonds.
1.-THE interest on the bonds" said he, will
give us more than enough to live on, with
q good margin for speculation without
touching the principal. 1t is also safe
investment and carries with it an immuni-
~ from taxation"