Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-11-26
THE Day G
Their Import nee 30 Memphis
subscription Books Opened.
4 Good Investment.

Some twenty thousand dollsEF has e.
ready been subscribed Of the forty th0us
s. d required to insure the placing Of the
Dnoks, nov at Cairo. at this paint. NIli
not our property holders and insurance
/ Companies sid this most important DO
jsct? Surely they cannot be- aware OF
the great advantage derived in repsirine
and building steamboats, here, If they do
Rot. Boats frequently meet with acct
dents by snagglug, running upon bare,
straining butts, ETC., OF which our In
s1rance Companies have risks, and are
taking risks every dgy Is ii not then TO
their Interests 20 have such facilities for
hauling I'D and repairing thoroughly,
boats so injured or is it to their interest
to suffer them, IS now, to repair tempo
rarily, by bulk heading ard patching up
thu breaks, OF using side or temporary
docks for the purpose, which is cut little
better?
Fort Pickering Is g desirable place for
Z the work Of these docks, and building
steamers on the bank. The bsttGre just
below the mounds hiss already been Sc
cured to the Dock CompSBy, and as
much ground Is they require for that
purpose, and for ss long q psriOd as they
may need to prosecute that business;
I also, many acres OF land in given TO the
I Company, to be divifed off into lots, say
/ 90 by 1T5 fset, 10 suit wOrkn7n who may
be DESTROYS cf erecting cottages, leased
al q small v.iaStiOB Pc! 5nuum, for z
term Of years, makiag az iGdaceDsnt
Tor the mscbRnic 10 build and bring
his family to remsin permanently
Thns, should the Docks be brought here,
va viii coon build L Z vil.sgein the vicin-
irv cgJbfs work. Docks pfaosd here will
give work to oar steam mills tJuudrI9s,
boiler makers, woTkeTs IL brass, painters
yuildeTs. laborers, etc. Boats viii .t cut
here. which will call for the furniture
men, upholsteTeEs, hardware men, sVo7e
and tinw=re men, crooksTy men, ete'
The increase OF population vii OF course
esll for tie grocery men and all otnef
branches Of busI1ess-tL9 newspapers,
street railroads, and in fscs all and every
kind Of business viii be benefited. Since
this subject Yves placed before this COM
munity there has been e 20 less man s
dozen boats compelled to go 10 Cairo and
above for repairs. st sn eGtrS. cost TO them
Of from $500 to $1,000.
Memphis is the best point on ths river
for Decks, being st the bead OF naviga-
ton in low water and free from running
ice in the winter. The large b1ats be-
longint TO Louisville and ST. Louis would
lay up at this point, had We facilities
for repairs, rather than 20 hcme
and be caught every seas0a by
low water, causing them 20 lay
I'D unit. the river rises, 10 let them
out to where they caulG get 10 workse
eral months sooner than II laid up at
home.
The S20,O stock remaining to be sub
scribed, II t&zen bg responsible parties
I've are authorized 70 say}, that eiS ano
twelve months time will be given, with
this liberal understanding, tAst IL these
d cks do Tot perform all the work 1oU
claimed, or that they have been repre-
seDted capable If performing, not q dot
lar u This subscription nil 5S demanded.
We 60 hope cEr merchants mechanics
and Insurance companies vii not allow
the small amount required Ia Insure the
Docks being placed here, 70 prevent our
securing them. louisville, Cincinnati,
PittsbnTg, ~. Louis, and nearly every
little one horse town on the 0aio river
have docks, or marine railways, which
experience has taught them ave been
Of vast importance IN building up and
making valuable city property, besides
peing a most lucrative business 70 the
stockholders.
Books sre now open ~ tbs Custom
house, No 32 Front street. We hope
the bs'ancs Of stock required will be SUIT
scribed Immediately, when the Docks
will Dol be at work here.