Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-14
NAVIGATloR COMPANY.
Mississippi Valley Navigation
COMPANY
SOUTH AND WEST,
No. ll8 csrOadeIst Street New Orleans.

Shares (eaeh), sIOo each
To the owners OF Real Estate m LIuisiana.
and Alabama.
TNHE COMPANY KNOWN TO THE PUBLIC
i as the I" Mississippi Valley Navigr,zll5rl
Company OF the south and West Is orzsu-
lied under a charter nom the STATE Of Lou
tsiRna- This charter authorizes "A eslpir,.T
stock OF i've hundred thousand dollars with
the privilege OF extension 70 one milIiOn-
That the public may know the exact object %
the Com pany, the third article Of the chartsF
10 given entire as follows;
rh6 object Of this Company "a 70 cSu-
siruct or otherwise 70 procure and maintain
one OF more steam boats or other vessels 70
run on and navigate the Mississippi river, OF
it, tributaries, Tor the purpose Of q -ry-nE z
freight, malls and passenzsrss 70 construed
docks WharvSs, buildings and such other con
struehonE a. may be necessary to ths build
exercise such Incidental powers and pr4vs-
leges as are hereby or may be couferrsi On
them FOR the purposes aforesaid
The Company propose, under the provision
OF this charter 10 construct q lins Of Low
PRESSURE steam boats to run between the. dif-
ierent ports % the Mississippi river ana is
tributaries. They viii carry less steam,
make better time, land freight snd passsu-
gers without round1ng-tO, and, BY means %
endless cnalns ana eievators, receive Eruln IN
OulA and discharge IL lit Tor ahipInenti dt-
reetty on board the vessel Intended TO receive
70, instead OF the Present mode or putting 10
first on shore. thereby saving time. labor aud
expense. The Boats viii also be divided into
distinct com partuIents-so II they encounter
snaRs, or any accident should happen to The
hull, the boat viii not Be endangered They
will also have complete apparatus for eXr1u-
gushing IRE by steam, and eonouctlng Water
over the vessel for domestic use; ard wiz 81
In every respect safer, swifter. and batter
adapted for carrying passengers anu freirht
and at a cheaper rate than any boats nouT
navigating the Mississippi river,
Owing 70 the difiioulty Of obtaf1frr eoz1,
subscriptions 70 any enterprise, no I1effsr
how great its merit, the COMPANY nave A.
terminated to receive su hscri ptions IN far1rft1
the Capital Stock In doing 20. We issve ~
once a substantial basis: and as it b vsr-
reasonably expected that within q short rluls
lands VIII considerably appreCiafe IN value
this plan VIII afford Us a source Of rovsn1,s
entirely seperate and distinct, and yFben
added 70 the expected earnings. or re- ,oof-
cannot, IN the natural course Of things. tail
70 MAKE the stock a prodtsbls fnVestrrsut
farties having land which produces therl
llttte or nOthing, but on which they are pa--
ing taxes, and which cannot be sold a. f5res-
ent- except at great sacriice. and psrhaps
not a. all, viii. on reflection see this 10 be "a
excellent and unusual plan for realizing On
them, as the certificates OF stock OF a COM
Rany can be much u ere readily disposed OF
than lands.
Over Es.UU0aeres Of good land have already
been offered and subserioed
Books Of subscription 70 the capital stock 0f
the company are now open at the ONCE, u
Carondelet street, New Orleans.
Eartiea at a distance, desiring 70 subscribe
lands, must send to the local agents aD-
straet Of title. mortgage certificates, evfdencs
that the taxes have been paid, testimony OF
responsible parties respecting the value Of the
land, price, and, In met, all Information ne
eessary to give the Company a satisfactory
idea OF the land offered
Be order Of the Board OF Directors
CHAS- R BENTON, SezfAtarv