Alexander Milne (1742–1838) was a Scottish American entrepreneur and philanthropist and was born in Fochabers, Moray, Scotland.

[1] Milne was said to be small in stature with a drooping head and his eyes continuously focused on the ground and apparently heedless of things going on around him.

[2] The Spanish Government granted Milne large tracts of swamp lands bordering on Lake Pontchartrain and seeing the potential for development continued to invest heavily in the area right up until his death.

The remainder of the will was sectioned into five parts; $100,000 was provided for the founding of a free school for the boys and girls in Fochabers and surrounding area; to the other four his will stated the following: "It is my positive wish and intention that an asylum for destitute orphan boys and another for the relief of destitute orphan girls shall be established at Milneburg, in this parish, under the name of the Milne Asylum for Destitute Orphan Boys and the Milne Asylum for Destitute Orphan Girls; and that my executors shall cause the same to be duly incorporated by the proper authorities of this state; and to the said contemplated institutions, and to the present institution of the society for the relief of destitute orphan boys of the City of Lafayette and parish of Jefferson in this state; and to the Poydras Female Asylum in this city I give and bequeath in equal shares or interests of one-fourth to each, all my lands on Bayou St. Joseph and on the Lake Pontchartrain, including the unsold land of Milneburg.

Lengthy litigation was brought by the Duke of Richmond and Gordon on behalf of the town of Fochabers.