The emigrant aid journal of Minnesota. [volume] (Nininger City, Minn. Terr. [i.e. Minn.]) 1856-1858, 1858-03-17

We present to the public one Of the greatest eonbina-
tive projects of the day, and we solicit their attention to
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 a small population, two stores, . steam
grist mill, two steam saw mills, lime.kilns, &c. The un>
d~ersigned 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 site Of the town is one of the
finest on the Minnesota River. 1t 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 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 iu 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.
They offer to sell lots in the To,cn of Louisville for
ten dollars each, to such parties as shall subscribe for
Stock in the Nininger 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.
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 of one share Of Stock. In
this way it will 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, tina. a share for a 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 q serious obstacle TO many
: parties joining the Company, We havs fox the benefit of al,