Alexander R. McKee to Abraham Lincoln, 12 February 18491
Dear Sir
I enclose you some advertisements, in which you are perhaps interested, as also my friend Ninian Edwars.–
Please inform me what the Commissioners are doing in regard to the state Bank of Illinois—what will be the result of the [...?] ^settlement^—will the stock be worth any thing or not—what are the certificates of indebtedness worth?
Please advise me from time to time evry thing of interest relative to the concern–
I have some stock, and would like to realize something for it, if possible2
All well
Your friend trulyAlexr R McKee
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LANCASTER K[y]
FEB[February] 13
10
PAID
Ch.[Charge] 10
Hon Abram LincolnSpringfieldIllinois
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[enclosure]
[11]/[07]/[1848]List of Forfeited Lands in Kentucky
Sale of Forfeited Lands.
THE following is a list of non-residents' Lands lying in the county of Edmonson, forfeited to the State of Kentucky for the non-payment of taxes, interest and cost due thereon; and which, if not redeemed by the former owner, his heirs or assigns, on or before the 7th day of May, 1849, (being Circuit Court day,) will be offered for sale at the Court House door, in the town of Brownville, in said county, viz:
6. Augustus Leffett,3 2 lots in Brownville, taxes 1830 to 1847; amount due, $ 4 99
7. Abram Lincoln,4 1 lot in Brownville, taxes 1831 to 1847; amount due, 3 89
8. William Reed,5 28,071 acres, lying on Green River and Nolin, taxes 1836 to 1847; amount due, 700 02
10. James Alexander,6 2 lots in Brownville, taxes 1831 to I847; amount due, 4 99
A. M. BARRET,
Agent for the Commonwealth.
Nov.[November] 7, 1848—839–2am6m.
The title of the State in the above lands, held for the non-payment of the taxes due, will not pass any title, when the same comes in conflict with the provisions of an act, entitled, "an act regulating sales of forfeited lands, and applying the statute of limitation in certain cases; approved February 25, 1847."
THOS. S. PAGE, 2d Auditor.
1McKee wrote the letter in its entirety, including the address on page two.
2In February 1842, the State Bank of Illinois had collapsed in the wake of the aftermath of the Panic of 1837 and the state’s fiscal crisis associated with exorbitant spending on the internal improvement system. In January 1843, the Illinois General Assembly enacted legislation calling for the appointment of a bank commissioner to oversee the bank’s liquidation. The act gave the bank four years to conclude its affairs. Although the act stipulated that the bank was to go into immediate liquidation, it merely commenced what would become a lengthy period of delays and false dawns. As March 4, 1847--the date set for the end of the bank--approached, the institution was far from ready to wind up its business, forcing the General Assembly to pass an act extending the life of the bank until November 1, 1848. To avoid any unnecessary delays or procrastination, the governor appointed three trustees to wrap up the business, and the legislation included several provisions to ensure a speedy settlement. By November 1848, affairs of the bank remained far from settled, so Governor Augustus C. French appointed Nicholas Ridgley, Uri Manley, and John Calhoun trustees to settle its business. Settlement of the bank’s affairs dragged on through the late 1840s and 1850s, finally concluding in 1862.
Charles H. Garnett, “State Banks of Issue in Illinois” (essay, University of Illinois, 1898), 38, 40; Theodore Calvin Pease, The Frontier State: 1818-1848 (Chicago: A. C. McClurg, 1919), 314; “An Act to Diminish the State Debt, and Put the State Bank into Liquidation,” 24 January 1843, Laws of Illinois (1843), 21-26; George William Dowrie, The Development of Banking in Illinois, 1817-1863 (Urbana: University of Illinois Press, 1913), 119-23; “An Act for Finally Closing the Affairs of the State Bank of Illinois,” 1 March 1847, Laws of Illinois (1847), 20-21.
3Leffett could not be positively identified.
4Lincoln could not be positively identified. There is no evidence that this Lincoln was Abraham Lincoln of Springfield, Illinois.
5Reed could not be positively identified.
6Alexander could not be positively identified.

Autograph Letter Signed, 3 page(s), Abraham Lincoln Papers, Library of Congress (Washington, DC),