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About Lincoln,IL The town was officially named on August 27, 1853, in an unusual ceremony. Abraham Lincoln, having assisted with the platting of the town and working as counsel for the newly laid Chicago & Mississippi Railroad which led to its founding, was asked to participate in a naming ceremony for the town. On this date, the first sale of lots took place in the new town. Ninety were sold at prices ranging from $40 to $150. According to tradition Lincoln was present.
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