The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1858-04-14

HI M IG N
@1 TO THE PUBLIC. IL ~
The Best Speculation Of the Day.
We present to the public one Of the greatest combina
tive projects of the day, and we solicit their attention to
the particulars. A plain statement Of facts will be it,
best recommendation
part Of the Town Of Louisville, on the south side of the
Minnesota River, about fifty miles from its mouth.
The Town has been laid out about two years, and al.
ready contains a small population, two stores, a steam
grist mill, two steam Jaw mills, lime.kilns, &c. The I'm.
dersigned have at a large expenditure of money, bought
out the whole town site, together with some of the adj
joining property which they have xiso laid out as parts
Of the original town. The site Of the town is one Of the
finest on the Minnesota River. It possesses an excel
lent landing, and the land on which the town is built
rises gradually and beautifully from the river, gentle
undulations Of the prairie overlooking each other as they
recede, forming one of the handsomest scenes one c1n
End in the whole valley of the Minnesota. 1t is already
the centre of a considerable trade, and would in the or
binary course of events, and without the assistance of
the enterprise detailed below, have gone on steadily to
success.
The undersigned have, however, bought it for anpther
object besides securing it for its ~intrinsic merits. They
are interested ia the City of Nininger on the Mississippi
NIVcT. Ivy are interested IN seeing the munger and
St. Peter Western Railroad built, and they are willing
to hold out u%nexampled inducements to the public to
subscribe to the Stock of that Road. Hence at a heavy
outlay they have secured the town site of Louisville,
and now make the following proposal, a proposal they
believe to be unprecedented in l~iberality, and in benefits
to those who may take advantage of it.
They offer 10 sell les IN tie Toon Of Loa;sv;Ak for
ten dollars each, to such parties as shall subscribe for
Stock in tie Manager and st. Peter Western Railroad
Company.
The lots will be selected BY the purchasers in the or
der in which they subscribe for Stock, those FIRST sub
scribiug having the first choice. To prevent, however,
those subscribing last from having nothing left but re.
fuse lots, the amount Of Railroad Stock to be subscribed
for each lot will be apportioned according to its location:
the most valuable will require two or even three shares
Of Stock to the lot while on the other hand, of the Or
binary lots two or three lots may be sold for ten dollars
each, as the accompaniment Of one share of Stock. In
this way it viii average over the whole town one share
of Railroad Stock to one lot, those taking average lots,
neither extremely valuable or extremely inferior, will
get them at one share per lot, those running into ex-
tremes must pay more it may, however, be said in a
general sense. that a share for q lot will be the terms
upon which the lots will be sold.
The shares Of Railroad Stock will cost One Hundred
Dollars each. AS the payment Of this amount on a
number of shares might be a serious obstacle TO many
arranged the Stock so that the sum of One Hundred Dol,
lars is paid in small monthly instruments Of Five Dollars |
every month for the period Of twenty months, At the |
expiration Of which time the One + undred Dollars will
have been paid in full. Thus the subscription for Stock
will fall lightly upon the subscribers, and will form no
impediment to the purchase of lots even by the poorest.
There is no man who cannot buy one or two lots at ten |
dollars each, and pay from his earnings, however limit
ed, Eve dollars per month.
Let Us inquire next as to the Railroad Company in |
the Stock is to be subscribed. The Nininger and
Peter Western Railroad Company was chartered at
the last Session of the Territorial Legislature. Copies
Of the Charter will be given, together with an Account
The road proposed to be built will extend in its 6rst
section from Nininger to Louisville, a distance Of thirty
i've miles It will run through an extremely fertile and
agricultural country, already in a considerable de-
brought under cultivation. We can say without
hesitation that this section Of country contains some OF
The finest farms in Minnesota. What next This
will terminate its first section at Louisville, at the
of the rapids of the Minnesota River. 1t will thus
tap he trade Of the great Minnesota Valley, the greatest
artery Of the wealth Of this State. Who can doubt
this road once built, the whole trade of that great
valley now tributary to St. Paul would defect eastward
10 the Mississippi River At Nininger City. Why? Be-
cause by thirty five miles Of Railroad travel accomplish
ID in q few minutes more than one hour, it could save
tself a whole days boating, of more than seventy miles
along . shallow aud uncertain river, and a tedious tran.
at, St. Paul. Any person glancing at the map
will see that the rivers Mississippi and Minnesota form
together a peninsula; boating at present is around its
whole length our Railroad on the contrary passes at
The base Of it, cutting of thus one half or more of the
distance, besides substituting the iron horse for the slow
....t t.,r -. .~. .,. Ma,
Will this road pay? Its present section as We have
shown is through . fertile farming country, and its first
terminus taps the richest current Of trade in Minnesota.
What is beyond Take the map. To the southwest
lies the winding length Of the Minnesota River with al
is numerous and rising towns. Can we doubt what the
cu%r~o ~:l1 no11 for<h frnun ssnd a row,on9 tn hSvon1 !
The great bend, away into an almost untrodden country,
t continues the same outlet to present or future agri-
cultural wealth. Then again directly west Of Louis
vile, q magnificent conutty, Che Counties Of Carver,
Mcleod and those adjacent,) stretches out, already much
developed, and containing q most energetic and intelli-
the Legislature by the people. of Glencoe for a charter
or a branch road to their town. This region once opened
up, once offered an outlet for its productions, and it will
its wealth outward to the Mississippi. And then,
to the farther future, IF the Nininger and St.
Peter Railroad Company are, IS we think they will be,
able to construct the first Railroad in Minnesota what
$ to prevent their keeping the same advanced position,
md sweeping westward o. the great line Of the advance
the country. r.i1 t..ste.:. .-.a4 .stE ~
With all this. who can doubt that the Stock Of the
Company will be a safe aid paying investment? Who
IAN doubt that twill yield a handsome return on its
principal in semi-annual dividends? Who will doubt !
hat it will be q current and tangible evidence Of SO !
much money-negotisble as bank notes. Il
But more than Ill this, in asking the public to sub {
'cribe for Stock in the Nininger and St. Peter Railroad ,
we are, Offering them lots in the Town Of
which will, by their certain rise, upon the
building Of the Road, net them d"abt, treble, q~xadrxph
he whole cost Of their. Stock, and that too before they {
half paid for, it. OF this fact there can be no
loubt. Lots have already, before there was any pros q
Of a Railroad, been sold IN the town Of Louisville
or Two Hundred Dollars each. We are Offering equally
lots for ten dollars each ! What We ask in return
8, that the purchaser shall pay his pro rata part towards
# his own property. What could be 2fsirer !? He is
money in no mans pocket but his own. He is
his own Railroad in which he is as deeply ia
a. any other man, and in whose actions be will,
10 a shareholder, have a voice. &lgt> .9@-r@ |,
Let us reduce this matter to details, FIRST to demon !
trate its feasibility, and secondly to show it, results as a
o the individual purchaser. r,y. .s1 Vase II