The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1858-04-07

| arranged the Stock 40 that the sum Of One Hundred Dol
lars is paid in small monthly instalments 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 nc
impeachment to the purchase Of lots even by the poorest.
| There is no man who cannot buy one OF two lots at ten
I dollars each, and pay from his earnings, however limit.
ed, five dollars per month. ~ e. N4$0&
Let us inquire next as to the Railroad Company in
which the Stock is to- be subscribed The Nininger aud
ST. Peter Western Railroad Company was chartered at
the last Session Of the Territorial Legislature. Copies
Of the Charter will DO given, together with an Account
Book for their payments, to the subscribers fer Stock.
The road proposed to be built will extend in its FIRST
section from Nininger to Louisville, q distance Of thirty
Eve miles It will ran through an extremely fertile and
rich agricultural country, already in 3 considerable de-
gree brought under cultivation. We can say without
Hesitation that this section of country contains some of
the finest farms in. Minnesota. What next This
road will terminate its FIRST section at Louisville, 1t the
foot of the rapids of the Minnesota River. It will thus
tap he trade Of the great Minnesota Valley, the greatest
artery of the wealth of this State. Who can doubt
that this road once built, the whole trade Of that great
valley now tributary to St. Paul would defect eastward
to the Mississippi River at Nininger City. Why? Be-
cause by t~hirty.6ve miles of Railroad travel accomplish
ed in a few minutes more than one hour, it could save
itself a whole days boating, Of more than seventy miles
along a shallow and uncertain river, and a tedious tran
shipment at St. Paul. Any person glanciug 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 off thus one half OF more Of the.
distance, besides substituting the iron horse for the slow
steamboat. y@b IA ais n. .et-,nns .s,z q .3as =
Win 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 Mnnesota.
What is beyond? Take the map, To the southwest
1:.r A. -:~I:rc 1nor%h nF %ho MsnNnccto R;vnr with al
its numerous and rising towns Can We doubt what the
future will call forth from such a~4egion? up beyond
the great bend, away into an almost untrodden country,
it, ontinues the same outlet 10 present or future axri-
cultural wealth. Then again directly west Of Louis.
vile, = magnificent country, .(the. Counties Of Carver,
Mcleod and those adjxes6k) ssretches out, already much
developed, and contailipg , MOST. energetic and inteli-
gent population. Application has already been made to
the Legislature By the people oEs Glencoe for a charter
fora branch road to their town. This region once opened
up, once offered an outlet for its productions, and It will
food its wealth outward to the MississippissEAnd then,
looking to the farther future, if the Nininger and St.
Peter Railroad Company are, as we think they will be,
able to construct the first Railsoqd IN Minnesosa what
IS to prevent their keeping the same advanced position,
and sweeping westward on the great line Of the advance
|of the country. -. - 80 80 ~ lis +.
With al this who can / doubt that the Stock Of the
Company viii be a safe and paying Investment ? Who
can doubt that it will yield 9 handsome return on its
principal in semi-annual dividehds? Who will doubt
that It will be i current and tangible evidence Of 80
much money-negotiable as bank notes. a<g1,-
Bot more than all this, in asking the public to sub
scribe for Stock in the Nininger and ST. Peter Railroad
Company, we are offering them lots in the Town Of
Louisville, which will, BY, their certain rise, upon the
building Of the Road, net tkem double, treble, quodrs,ple
the whole cost Of Msfr Stock, and that too before they
have half paid fr it. OF this fact there can be no
doubt. Lots have akeady; before there vas any pros
|Pectof a Railroad, been sold s. the town Of Louisville
for Two Hunarca Dollars EACH We are Offering eoually
rood lots fort ten dollars each {: What We ask IN return
Is, that the purchaser shall pay his pro rata part towards
building . road that will immeasurably add to the value
Of his own property What could be fairer? He Is
putting money in no mans pocket but his own. He is
binding his own Railroad. ID which he is as deeply In
terested as any other man, and ia whose actions be will,
a. a shareholder, have a voice.
Let us reduce this matter to- details, FIRST to demon
strate its feasibility, and second1effto show its results as
The Road re- saaahgst Is tsills will cost it has
a total Of s7oo,ooo. OF this, il is q well known fact,
that if one half, or even enethiti I, raiasd in cash, The
rcmainder can be negotiated, by exchanging the Stock
with contractors, by disccunting the bonds Of the Com
pany secured on the portion already bpilt, and in various
other ways. We propose to raise very nearly the whole
amount il, aash. We will offer for sale about si3 th %
Al 0vo1dSe SvvoV''Psa0n =. = sSe'S -
six thousand shares, making at One Hundred Dollars
Del share Six Hundred Thousand Dollars not one-half,
not ~one-third, but sir.segenthx Of the whole amount re-
|auired to build the road ahd2hisstoo in caBB az j: is
needed, in monthly instalments Of thirty thousand dol.
lsrsii EACH. Now & IT, doubted TIT those lots can be
sold? 1t must be remembered BY the incredulous who
will hang back to their own future loss, that one year
ago . large number. Of lots were offered for sale by
the. Proprietors Of Nininger, a town containing now with
Its additions over seven thousand lots at Six Dollars
leach, subject to an equally onerous condition. Not one
p uas d ,h hen,' not one Sl puSS lsSsesng was held, Ind yet
it,oenty.sersn days from the sale Of the first lot every lot
Offered was disposed Of. What has been the result!
Nininger City in one year contains a population Of at
least six HUNDRED, about one hundred and t~enty.nx e
houses, two saw, mills. q cash, fatory, and Q gE1st mll
"a A@%SMs- AAIs .SSE~&4&A -