Lincoln Legacy Reached Beyond Politics
•February 8, 2017•
By Ellen Ferrera
for the News Progress
Abraham Lincoln is celebrated on President’s Day in February but also on his birthday Feb. 12. He is remembered locally for his years as a circuit court rider and for the many clients he served.
What is less known is that he was the first corporate lawyer for the Illinois Central Railroad when it was one of the largest corporations in Illinois. To properly tell this story we have to begin at the beginning with Land Grants.
Land Grants were started in the U.S in the 16th century for the purpose of establishing settlements. There were several kinds of land grants - for veterans, universities, etc. and the Land Grant of 1851 granted 2.5 million acres of Illinois public land to the Illinois Central Railroad - ICRR. This was the first railroad to receive a land grant and when finished, it was the longest railroad line in the world. But there were restrictions and financial burdens with the land grant so the ICRR received a charter from the state of Illinois which freed it from all the responsibilities of the land grant - but were required to pay seven percent of gross earnings annually as a charter tax to run from Galena through Springfield to Cairo.
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