Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-14

To the owners of Real Estate in Louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
T'HE COMPANY KNOWN TO THE PUBIC
Il as the =" Mississippi Valley navigation
Company Of the South and West, " Ia organ
lied under o chatter nom the state OF Lou
stock Of i've 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:
"The object of this Company is to con-
struct or Otherwise to procure and main aln
one or more steamboats, or other Yesssis, 50
run on and navigate the A555sss.SiPpi river, or
its tributaries, I2r tas purpose of carrying
freight saaiis and passengers; TO construct
DOCKS Wharves, buildings and such other con-
structiOns as may be necessary TO the build
ing and repairing of vessels, and generally to
exercise such incidental powers and prtvi-
leges rs are hereby or may be contery7a o.
them for the purposes aforesaid.
the Company propose, under the pro vision
of tbs charter to construct a line OF Low
Pa Es5 trRE Steamb boats to run between the dif
fefent ports on the Mississippi river and ia
tributaries. They viii carry lass steam,
make better time land f:eight Rnd passen-
endless chains and elevators, receive grain in
hulk and discharge 1t 9t for shipment) di-
rectly on board the vessel intended to receive
II, instead Of the present mode OF putting 9.
first on shore, thereby saving time. lsDor and
expense. The Boats will also BE divided into
stlnct eompartments-so, II they encourter
hull, the boat Will not be endangered. They
viii also have npIete apparatus for extin-
gushing .srs by steam, and conducting water
ly9e the vessel for domestic use; and will be
in svcry respect safer, swifter, and better
adapted for carrying pasSqngers aud freight,
and at a cheaper rae taa1 any boats now
navigating si1e Mississippi river.
GIVING TO the difficulty Of obtaining cash
subscriptions to any enterprise, no matter
term{ned "a receive subscriptions in Land to
the Capital Stock. In doing so, we have at
once substantial basis; and as il is very
reasonably expected that within a short time
lands will considerably appreciate in value,
this plan VIII afford ms a source of revenue
entirely separate and distinct, and when
added 70 the expected earnings of the boats,
cannot, in the qrtafSl course OF things, fail
70 make tbs stock q profitable investment
Earstes having land which produces them
little or nothing, but on which they are pay
Ing taxes, and which cannot be sold at pres
ent, except at a great SafriAce, and perhaps
not at all, VIII, on reelection, see this TO be an
excellent and unusual plan for realizing on
them, as the certificates of stock of a com
pany can be much more readily disposed of
than lands,
Books of subscription TO the capital stock OF
the Company are now open at the office, az
Carondeiet street, New Orleans.
Parties at distance, desiring to subscribe
lands, must send to the local agent here ab-
straet of title, mortgage eertifioRteq evidence
responsible parties respecting the value Of the
land, price, snd, IN fact, all Information ne
cessaIT 10 give the Company q satisfactory
fdsa of the land offered.
By order of the Board of Directors.
augli CHAS. R BENTON. Secretary.