Estate of }
John Mckee, }
Deceased. }Hon. Booker T. Washington,
Tuskegee Institute,
Alabama,Dear sir:
Your favor has been received and in reply thereto I would state that the State Appraiser fixed the valuation in Estate of the late Colonel John McKee as follows:
Gross valuation of Personal estate, $ 71,644.29 Gross valuation of real estate in Pennsylvania, 271,188.33 Making together, $342,832.62 Net valuation of the above, $212,831.86 Of this $46,500. is in unimproved real estate from which, at this time, no income is derived.
In addition to the above the Estate owns the following from which no income (or but a nominal income) is derived:—a lot in Gloucester County, New Jersey, valued at One hundred Dollars ($100),—a large area of land in Atlantic County, New Jersey, known as McKee City, assessed for taxation at twenty-thousand six hundred and fifty Dollars ($20,650) and a tract of coal and mineral lands in Kentucky, which Colonel McKee always considered would turn out to be valuable and would eventually realize a considerable sum. It is assessed for taxation for 1909 at Seventy thousand Dollars ($70,000)—
In brief the testamentary directions of Colonel McKee are to accumulate the rents and income of his estate until the decease of all his children and grand-children, meanwhile improving (under certain conditions) his unimproved real estate. Upon the death of all his children and grand-children, the estate is to be made use of in the establishment and maintenance of a college for the education of colored and white fatherless boys.
Very truly yours,
Joseph P. McCullen
February 23, 1909.
| Gross valuation of Personal estate, | $ 71,644.29 |
| Gross valuation of real estate in Pennsylvania, | 271,188.33 |
| Making together, | $342,832.62 |
| Net valuation of the above, | $212,831.86 |
Mr. Robert E. Park,
Tuskegee Institute, Ala.,
Dear Sir:Yours of the 13th inst., post marked the 16th inst., has been received. You state you would be glad to have any information I can give you about Mr. McKee, particularly in regard to the amount of the estate he left at the time of his death.
The value of Mr. McKee's estate has been variously estimated from $1,000,000 to $4,000,000. I am not able to give a more exact estimate, as I have not seen any inventory made by his executors. He owned more than 300 houses in this city, all unencumbered. He also owned oil and coal lands in Kentucky and West Virginia, and lands in Bath and Steuben Counties, N. Y. As to his personal characteristics, I would suggest that you see the Philadelphia Press of April 20, 1902. If you desire a more exact estimate of the value of his estate, I would suggest that you write Joseph P. McCullen, Jr., No. 1008 Land Title Building, this city.
Yours truly,
T. J. Minton.
The following letter from Colonel James Lewis to Booker T. Washington gives valuable information about Thomy Lafon and incidentally about other persons in New Orleans:
New Orleans, La., Jany. 25/09.
Colonel James Lewis,
Dear Sir:In answer to your letter of 14th instant, will say that the delay in my answer was caused by my desire to obtain and furnish to you all informations regarding the late Mr. Thomy Lafon.
The baptismal records in the archive of the Cathedral at that time written in Spanish attest that the late Mr. Thomy Lafon was born in this city on December 28th, 1810. He died at his home, corner Ursulines & Robertson Streets, on December 23rd, 1893, at the ripe age of 83 years. His body rests in the St. Louis cemetery on Esplanade Avenue. He was a man of dignified appearance and affable manners. In early life he taught school; later he operated a small dry goods store in Orleans Street until near into 1850. He was never married. Sometime before the war of Secession he had started his vast fortune by loaning money at advantageous rates of interest and by the accumulation of his savings. Toward the close of his career he became attached to the lamented Archbishop Janssens and began his philanthropies. By the terms of his will, dated April 3rd, 1890, he provided amply for his aged sister and some friends, and wisely distributed the bulk of his estate among public charitable institutions of New Orleans. His legacy was appraised at $413,000.00 divided in securities and realty.
In recognition of his charity, the City of New Orleans, named after him one of its public schools.
Before his death he had established an asylum for orphan boys called the Lafon Asylum, situated in St. Peter Street between Claiborne Avenue & N. Derbigny Street. To this Asylum he bequeathed a sum of $2000, and the revenues, amounting to $275 per month of a large property situated corner Royal & Iberville Streets.
Other legacies were to the
All of which cash legacies were doubled.
Yours respectfully,
(Signed) P. A. Bacas
FOOTNOTES:
[1] This extract and the documents which follow were collected by Dr. R. E. Park.
[2] The Springfield Republican, Dec. 6, 1902.