The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1858-05-05
THE EMIGRANT AID JOURNAL

HE EMIGRAN
70 THE PUBLI0.
The best Speculation OF the nay.
We present to the public one of the greatest combiua.
the particulars. A plain statement of facts will be its
best recommendation.
The Undersigned are the proprietors OF the greater
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 q small population, two stores, q steam
grist mill, two steam saw mills, l~ime-kilns, &c. The un.
dersigned have at a large expenditure Of money, bought
out the whole town site, together with some Of the ad-
joining property which they have also laid out as parts
Of the original town: The ate Of the town is one ofthc
finest on the Minnesota River. It possesses an excel
rises gradually and beautifully from the river, gentle
fluctuations Of the prairie overlooking each other as they
recede, forming one of the hunds0mest scenes one can
find in the whole valley of the Minnesota. It 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 another
object besides securing it for its intrinsic merits. They
are interested IN the City Of Nininger on the Mississippi
River. They are interested in seeing the Nininger and
St. Peter Western Railroad built, and they are willing
to hold out unexampled 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 liberality, and in benefits
to those who may take advantage of it. ls,q I'D
They offer, TO- sell Lts IN the Tovn of Louisville for
ten dollars each, to such parties as shall subscribe, for
Stock in the Nininger and 81. Peter Wessern Railroad
Company.
The lots will be selected by the purchasers in the or.
der in which they subscribe for Stock, those FIRST sub.
scribing 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 q one share of Stock. In
this way it will average over, the whole town one share
of Railroad Stock to one lot, those fixing 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 q share for a lot will be the terms
upon which the lots will be sold. sss1
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
parties joining the Company, we have for the benefit of all,
arranged the Stock so 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 no,
impeachment to the purchase Of lots even by the poorest.
There is no nan who cannot buy one or two lots Mt ten
dollars each, and pay from his earnings, however limit
ed, five dollars per month.
Let us inquire next as to the Railroad Company in
which the Stock is to be subscribed. The Nininger and
St. 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
Book for their payments, to the subscribers fr Stock.
The road proposed to be built will extend in its first
section from Nininger to Louisville, a distance Of thirty
i've miles. 1t will run through an extremely fertile and
rich agricultural country, already in a 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, at the
foot 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
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 thirty five 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 glancing at the map
will see that the rivers Mississippi and Minnesota form
together q peninsula boating at present is around its
whole length our Railroad on the contrary passes at
the base Of il, cutting of thus one half or more of the
distance, besides substituting the iron horse for the slow
steamboat. C @ q
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 all
it's numerous and rising towns. Can we doubt what the
future will call forth from such a region? Up beyond
the great bend, away into an almost untrodden country,
it continues the same outlet to present or future a9ri-
cultural wealth. Then again directly west Of Louis
vile, q magnificent country, Cthe Counties Of Carver,
Mcleod and those adjacent stretches out, already much
developed, and containing q most energetic and intelli-
gent population. Application has already been made to
the Legislature by the people Of Glencoe for q charter
for a branch road to their town. This region once opened
up, once offered an outlet for it's productions, and It will
food its wealth outward to the Mississippi. And then,
looking to the farther future,qi if the Nininger and St.
Peter Railroad Company are, as wc'thihk they will be,
able to construct the first Rai1socd IN Minnesosn what
is to prevent their keeping the same advanced position,
and sweeping westward on the great line of the advance
of the country. ss63 ta gtJ sls &c itsH@t3 naAi
With all this, who can doubt that the Stock Of the
Company will be = safe and Peyieg Investment? Whe
principal in semiannuala dividends? Who will doubt
that il will be q current and tangible evidence Of so
much money-negotiable as bank notes.
But more than all this in.aaise ~thapublc to sub.
scribe for Stock in the Nininger and St. Peter Railroad
Company, we are, offering them letsai the Town of
Louisville, which will, by their certain rise, upon the
building Of the Road, net them dosLh, treble, qxadrrple
the ,ohoe cost IF their Sock, and that too before they
have half paid for il /, Of this fact there can be no
doubt. Lots have already, before there was any pros
rect Of Railroad, been sold in the town of Louisville
for Two Hundred Dollars each. We are offering equally
good lots fof ten dollars each! What we ask in return
i, that 7. .eIssss.azi pseshisspE{ rsss parttewa,ds
building Z road that viii inameasprably add to the value
Of his own properly. What could, Be. fairear? He is
putting money IN no man,s pocket but his own. HI. is
building his own Railroad 10 which he isasgdesplt Ia
terested asaaJ cnantzaSti66 wwbS6 actions he will,
as q shareholder, hsees t0DAnD azE5nN
Let rs reduce this matter 70 details, first to demon
to the individual purchaser.