Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-02-10
MINNESOTA RAILROADS
What the s.. Paul, Minneapolis & Manitoba
Company Offers to Buyers OF Its Lands
for Cultivation-Earuins of the Wiuona
& st. Peter Company In 1S78-Increase
Over 1878.
Red River RailrOad Lands.

q
Over 1878.
Red River RailrOad Lands.
While all the great land grant railway
companies of the Northwest are offering in
ducements to emigrants of this year, in low
prices, liberal credits and assistance in the
selection of lands and in getting settled on
them, the
ST. PAUL, MINNEAPOLIS & MANITOBA
company, the largest holder of agricultural
lands in Northern and Western Min
nesota, and the only large owner of the
famous Red River wheat and grass lands
the best in the world-adds to these induce.
ments bounty, amounting in most cases to
half the selIin price of the land for early
settlement and cultivation. The terms of
its offer, after statement that the lands are
appraised for sale at SO to So an acre, are
published as fellows:
Glow as these prices are, the company will
make them still lower by discounting to
actual settlers in the Red River valley an
amount nearly equal to one-haF the pur-
chase money on all lands brought under Gull
tivation for three years from date of sale.
This rebate is made for the sole purpose of
inducing speedy settlement and cultivation,
and operates as follows:
SIN case the purchaser shall break 10 acres
or more on an 80 acre tract, 90 acres or more
ON 16O acre tract, so acres or more on a
800 acre tract, 100 acres or more on $40
acre tract, during the first breaking season
he hn mil 10 a
Der acre for breaking. like allowance will
be made for breaking done the second and
third years after said date of purchase, pro-
vided the minimum amount above named be
broken each year. This credit to be applied
on the first payment falling due after the
breaking is done.
"If there be put in crop, on or before the
third year after the first breaking season,
so to 60 acres on an 80 acre tract, 100 to l20
acres on 100 tract, 200 to 24O acres on
800 tract, 400 to 480 acres on GAO acre tract,
the company will allow an additional fifty
cents per acre for the amount so put IN crop ;
making IS in all for breaking and culvita-
ton. This allowance, however, for break
ing and cropping, will only apply to an e1-
tent of three fourths of the acreage of the
land purchased"
THIS LIBERAL POLICY
is in accord with the general policy of the
st. Paul, Minneapolis & Manitoba company.
Since it obtained possession of its present
property, about seven months ago, the COM
pany has in all it's action, as in this matter
of selling its lands, manifested the strongest
faith in the future of the country
tributary to its lines, and has
apparently been guided by a determination
to develop as rapidly as possible the business
of its roads. That is the end in view in
Offering so large bounty as above for early
settlement and cultiyation-by which the
company's Red River lands may be obtained
at less than the governments prices for its
lands. Indeed, taking location and quality
of soil into consideration, these railroad
lands in the Red River Valley, at the prices
and terms on which they are offered, are
more desirable and cheaper even than govern
ment lands which may be entered by pre-
emption or under homestead or tree claims.
THE LARGE SALES
of this company's lands which have been
made in the last seven months arc an evil
dence that the policy of the company, as well
as the value of Its lands, is appreciated.
They have been greater for that time than
those Of any other land grant company in
the Northwest, and amount to the following
totals:
Sales of six months ending Dec 81
Acres Total acres
For cash. 22,6S7.63
On credit ........ SIS, 440. Till, 12S. 50
Sales of January
For each. ......... 5,267.SS
On credit ........ 1921 Al 1S,499. %