Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-14
The MISSISSIPPI VALLEY
S oUFH NJ WEST.
TO THE OWNERS OF REAL ESTATE Is
TENNESSEE, MISSISSIPPI, Ala
BAMA AND ARKANSAS:

THE COMPANY KNOWN T0THE PUBLIC
Il as the " Mississippi Valley Navigation
Company OF the South and West, IL organ
isiana- This charter authorizes o capita
stock of five hundred Thousand dollars. with
the privilege OF extension to one million.
That the public may know the exact object OF
the Company, the third article Of the charter
IS given entire as follows:
1.-The object OF this Company Is 70 con
stFuct or otherwise 10 procure and maintain
one or more steamboats, or other vessels, 10
run on and navigate the Mississippi river or
its tributaries, for the Vurpese Of carrSng
freight, mails and passenger; to construct
docks wharves, buildings and such other con
structiOnS as may be necessary 20 the bnild-
ing and repairing OF vessels, and generally to
exercise such Incidental powers and prfvf-
leges as are hereby or may be eOnferred on
them Tor the purposes aforesaid.
The Company propose, under the provisions
Of this charter 70 construct a line Of steam
srs 2 run eetge& ne different ports on the
win be constructed upon The lOW-presEure
principle; they VIII carry less steam they
win make better time. and be In all respects
more safe than any description OF boats ever
placed upon our waters. Divided Into dis
tinct Compartments. If disaster, whether BY
fire or snags, shall happen to one, the boat Is
not endangered. In case or ire, apparatus
for turning steam upon II wilSbe provided,
and II Is demonstrated thatsteam Is the most
effective e~xtinguisher OF hre. In ease one
compartment Is broken through by contact
with snags, and Ills with water. the sthers
are NOS endangered, and the boat cannot sink,
as pumps, provided for such an emergency,
viii be Ia Instant operation. Safety % pes
sengers and freight y a great end, worthy OF
he struggle OF the people OF the MISSISSIPPI
Nearly three hundred thousand dollars IN
money and work has already been subscribed
to the capital stock Of the CompanyzT The
Louisiana Legislature has passed a hiH sub
scrfbing one hundred thousand dollars Of
stock 70 the Company An ADDITIONAL sum OF
scribed by the same body. The Company
resolved to take lands for stock and
the aftsntion of ownersOf real estate. In the
Southern States. on account O. the dfsorNan-
brance. Vast tracts that yield no revenue to
the prOprietors, pay exorbitant taxes, and
cripple their only productive resources.
a fair valuation and fssne to the owners their
stock IN lieu. Hlands shall enhance IN yalns.
SO wtllthe stock enhance In value, and hns
eqnfvalent OF his lands, 70 DO converted into
money or property without delay. The sue
oe4OAu 1utA-
ton. The ~st0ckhoider. in eddition TO the
Of the enhanced value of his Iands,
VIII be part owner Of a line of boats. and be
entitled TO dividends In their earnings.
Persons wishing to exchange lands for ths
stock Of the Company VIII send to the Agent
20 Aemph4sa description OF them, their pro-
ducIVe qualities, the timber, bottom or up
whether OverhOwed or not; IL over
dOWed, what proportions how near %
eopnty-tOwn, 70 railroad, depot, river; and
satisfactory idea OF the land. This may b.
done by certificates Of reliable. disinterested
persons residing in the neighborkOoc. ~
actual value Of the land may be-
proved in the same manner Tha party
0ferfng lands must state IN his prop
lsttion the lowest figures he VIII take.
The Company viii not give exorbitant prices.
The titles must be unencumbered BY judg-
nents, mortgages, deeds Of trust. tax titles. or
This may be shown by ofiieial
certificates OF judges, clerks, sherifs, or the
opinions Of respectable attorneys. This Is be-
loved 10 be the best opportunity a dispose OF
landSin the south and West thai has
ret been or can be offered.
Many Of the best and wealthiest citizens U
he South and West are warmly embarked IA
ne enterprise. The Genera Headquarfefs OF
he Company are in New Orleans, but agen-
les exist in all the principal cities me en-
has been endorsed BY CnderFrltersr
,hambers OF Commerce, Engineers Mechan-
cs, practical navigatOrs, and All classes OF
men.
,ubifc In the confident belief tha4 tney VII
,e understood and appreeiatsL
mya5 Agent at Memphis.