BOOM TOWNS
THE TOWN BOOM OF THE 1830's
The
town lot boom of the 1830's was one of the most interesting episodes of the
early history of central Illinois. The proprietors of a town needed to have
a site surveyed and file a plat in the office of records in the county
seat. The lots depicted in the plat became articles of commerce, just like
shares of stock in corporation, to be traded actively in the real estate
market. Abraham Lincoln himself signed the plat
for Albany as County Surveyor of Sangamon County. The Town Lot Boom came to a sad end within a few years. The
drawing shows where towns of the "Town Lot Boom" were located and
when each tow was started.
Middletown
(1832) and Mt. Pulaski (1836)
are the only ones to have survived as independent towns that still exist
today. Postville (1835) survived
as part of Lincoln. Bloomingdale (1836) had a few buildings for a few years. All the rest, Georgetown (1829), Richmond (1834), Rushbrook
(1834), Albany (1836), Madison I (1836),
Eminence (1836),
New
Castle (1836) and London (1839) have no physical
signs of existence today (except for a few cemeteries).
|