The Journal of Negro History, Volume 7, 1922Various
History
The Journal of Negro History, Volume 7, 1922
Various
African Americans -- Periodicals
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.
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.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account