The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1857-08-29

l. - IL would dcfect eastward TO the Mississippi
River at Nininger City. Why Because ~ thlr'y-hve
miles of Railroad travel accomplished in Il few minutes
more thai, one h ,ur. il could save itself y whole days
bo.tins. or more than seventy miles along a shallow and
uncertain river, and a tedious transhipment 1T st. Paul.
ANY persun CHANGING at the map will see that tie rivers
Mississippi and Minnesota form together = peninsula
tnat;n. at present is around its Whole length cur Rall-
road on the contrary passes u. the base Of it, cutting off
thu. one half or more Of the distance. besides substitu-
.iuc the iron horse for the slow steamboat.
Will this road pay! It's present section as we have
shown is through Il fertile farming country, its first terak-
nus ,ap. the richest current Of trade in Minnesota
What is beyond ! Take the map. To the southwest
lies tn. windiiig length Of the Minnesota River with all
its numerous and rising towns. Can we doubt what the
future will call forth from such a region Up beyond
the eroat bend, away into an almost %untr0dden country
it continues the same outlet to present or future agricul-
tural wealth. Then again directly west OF Louisville, a
magnificent country, (the Counties of Carver, Mcleod
ana those adjacent stretcle. out, already much develop
ed, and containing a most energetic and Intelligent popu-
ia,ion. 4 hrancl, road is already in contemplation
TO Glencoe, and our Charter will to this end be amended
at the next session Of the Legislature. This region once
orencd w. once offered an outlet for its productions, and
it will Hood its wealth. outward to the Mississippi. And
then. looking to the farther future, If the Nininger and
81. Peter Raiiroas! Company are. as We think they will
be. able to construct the FIRST RAILROAD IN MIME.
sofa what is to prevent their keeping the same advanced
position, and sweeping westward on the great line of the
world advance.
With all this who can doubt that the Stock of the
Company will be a safe and paying investment Who
can doubt that it will yield a handsome return on its
principal in semi-annual dividends !? Who will doubt
that it will be "a current and tangible evidence of 80 much
moaey-nego.iabIe as bsnk notes.,
i Knt more than all In, Ia asking tkeA public to sub.
scribe for stock in the Munger sud 81 Peter Railroad
| Company. we are ottering them hpts in the Town Of
Louisville which will 81 their certainArise, upon thu
i l..IJ:,. ce <lo rcad moi e3n~n xfauhkr~ Frpl{a.m 0anRy~ ID
2 n, sao5e .vsf off he;e lS@sk, and that too before they
have half paid for il. OF this fact there can be NJ
doubt. Lots have already, before 'ti:erc was any pros
pcct of a Railroad, been sold In the Town Of Louisville
for Two Hundred Dollars each. We are Offering equally
. good lots for ten .iohars each : What We ask in return
IS, that Me purchaser han pig has pro rata part h,arh
bu;l',ny q road that wiW innseosa.aJiy aid to the ratut
Of his o,cA property. What could be fairer? Ec is
putting money in no man pocket but his own. lie is
building his own Railroad iii which he is as deeply ID
terested as any other man, and IN whose actions he will,
- a shareholder, have y voicc.
Let us reduce this nlaiter to details, first to demon.
stratc iis f asibility, aud S~econeily 10 sltw its results as
to the individual p~urchas-r.
The Road from Niningtr t., j. ,uisvi.Is will cost it has
been estimated at the rate Of $40, 900 yer mile, making
a total Of 500, 900. OF this, il. isaagseli known fact,
that il one hail, or even upe third be raised in cash, the
remainder eau be negotiated, by exchanging the Stock
with contractors, By discounting the bonds Of the Co
secured on the portion already built, atI in various other
ways We propose to raise very ~ncarlythe whole amount
in cash. We will offer for sale about SIX thousand lots in
Louisville at Ten D,Fars per lot, sskfst to ar average
subscription of one share to the lot, in)an, six thousand
shares, making at One Hundred i,oflfs per share Six
Hundred Thousand Dollars; not one MT, not one third,
but SIR stuenihs Of the whole amount, kquired to build
the road and this too i. cash, as i e Needed, IN month
l. in~-talments Of ,hirtv thousand dol4s each. Now is
it doubted that those tafs can be sold r 1t must be re.
m~embered bythe incredulous who Will hang back to
their own future loss, that one year agof' large number of
lots were offered for SAFE by the P~roprftors Of Niningcr,
a town containing now with its aaditiof over seven thou
sand lots ut Six Dollars each subject to IN equally oneroal>
condition Not one line of ADVERTISING hefalded them,
not enc newspaper pulled them. not ore public meeting
was held, aud vet IN trfatv. secea d0gsEfom the sale "f
the first lot every lot Uttered Was 4ispS4l = What has
been the result: Niniuger. City i n year e0nta'ns q