Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-09
TO THE OWNERS OF REAL EsTATEIN
TENNESSEE, MISSISSIPPI, ALA
BANIA AND AREASSAsr

THE COMPANY KNOWN TO THE PUBLIC
Il as the Mississippi Valley Navigation
Company OF the South and West Is organ
lied under a charter from the state Of Lou
tsiana. This charter authorizes y capital
stock Of five hundred thousand dollars, with
the privilege OF extension 10 one million.
That the public may know the exact object OF
the Company, the third article Of the charter
Is given entire as follows:
"The object OF this Company l. 10 coll
struct or otherwise to procure and maintain
one or more steamboats, or other vessels, 10
run on and navigate the Mississippi river, or
its tributaries, for the purpose Of carrying
freight, mails and passengers. to cOnstruct
docks wharyes, buildings and such other con
struetions as may be necessary 70 the build
ing and repairing OF vessels, aud generally T.
exercise such fncidehtal powers and priyt
leges as are hereby or may be conferred on
them for the purposes aforesaid,
The Company propose, under the provisions
of his charter 10 construct a line OF steam
erE 10 run between the different ports on the
Mississippi river and its tributaries. They
Will be constructed upon the lOw-pressuFe
prineiplei they viii carry less steam they
Will 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 10 one, the boat Is
not endangered. In case Of fire, apparatus
for turning steam upon IL Will be provided,
and ii is demonstrated thai steam is the most
effective extingu1sher Of IRE. In case one
compartment Is broken through by contact
with snags,a and hlls with water the efherS
are not endangered, and the boat cannot sink,
as paMps, provided A>suen an emergency
viii be in instant operation. Safety to pas
sengers and freight Is a great end, worthy OF
the struggle OF the people OF the Mississippi
Nearly three hundred thousand dollars in
money and work has already been subscribed
10 the capita stock of the Company. The
Louisiana Legislature has passed a bill sub
scribing one hundred thousand ollar OF
that amount viii, without a doubt, be sub
scribed BY the same body The Company
ftla "a Nha faarUra 10 rrnfeh ThavHGaafaa - naTT
the attention OF owners Of real estate. In the
southern States, on account of the disOTgan-
hranee, Vast tracts that yield no revenue to
the proprietors, pay eNOrbitRnt taxes, and
nus cripple their only productive resources.
This Company propose 10 take these lands at
a fair valuation and issue to the ownerstheIr
stock in lieu. lflands shall enhance in value,
so Will the stock enhance In value, and thus
equivalent of his lands, 10 ~bSgeonverted into
money or property without delay. The sue
cess OF this great enterprise IS beyond qaes-
benefit OF she enhanced value Of his lands,
VIII be part owner of a line of boats, aud %
entitled to dividends in their earnings
Persons w~ishiDgto exchange lands for the
stock of the Company Will send 10 the Agent
at Memphis o description Of them, their pro-
ductive qualities; the timber, bottom oTup-
land; whether overlooked or not II over
flowed, hi proportion; how near to
eounty-town, TO railroad, depot, river; ana
all ACTS necessary 10 AFFORD the Company a
satisfactory idea Of the land. This may be
lone by certificates of reliable, disinteresteu
persons residing IN the ~neighborhOod, Ths
present actual value Of the land may De
proved in the same n The party
pdsfing lands must stale in his prop
osgtion the lowest figures he Will take.
The Company viii not give exOrbitant prices.
The titles must be unencumbered by judg-
ments, mortgages, deeds of trust, tax titles, or
otherwise. This may he shown BY official
certificates Of judges, clerks, Sherids, or the
opinions Of respectable attorneys. This Is be-
lieved to be the best opportunity TO dispose OF
n in the South and West that has
besn or can be offered.
Many Of the best and wealthiest citizens OF
the South and West are warmly embarked In
the enterprise. The General Headquarters OF
the Company are in New Orleans, but ageB-
cies exist in all the principal cities. The en-
terprise has been endorsed by Underwriters
of Commerce, Engineers, Mechan-
practical navig6 ors, and all classes OF
practical men.
The foregoing facts are submitted 10 the
public in the confident belief that they viii
F. Y. Rocket,
nv Is Agent at Memphis.