Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-26
NAVIGATION COMPANY
s o U AND WEsT T.
To the Owners of Real Estate I'm Tens
nessee, Mississippi. Alabama and Ar
kansas:

KANSAS:
THE COMPANY KNOWN TO THE PUB-
1 lie a. the Mississippi Valley Navigation
Company of the south and West" is Organized
under a CHATTER from the state of Louisiana.
This charter authorizes a capttaI stock Of nys
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 Inc charter Is gtvez entire.
as follows:
b object of this Company is to construct
or otherwise to procure and maintain one or
more steamboats,, or other vessels, t. run on
and navigate The Mississippi river, or Its trib-
utaTies, Tor the purpose Of carrying freight,
mails and passengers TO construed cocks.
wharves, buildings and such other cOnstruc-
lions as may be necessary to the building and
repairing OF vessels, and generally 70 exercise
such incidental powers and privileges IS are
hereby or may be conferred on them for the
purposes Aforesaid
Tine Company propose, rnder the provisions
of This charter 70 construct a line Of steamers
20 run between the different ports on tue Mis-
constructed upon The lOW-pressure princlpies
hey viii carry less steam they viii make BET
ter time, and be in all respects more safe than
any description Of boats ever placed upon eur
waters. Divided into distinct compartments,
II disaster, whether by IRE or snags, shsu hap
pen to one, the boat Is not endangered In
case OF IRE, apparatus for turning steam upon
il will be provided, and 1t Is demonstrated mat
steam is the most eff Give extinguisheT Of IRE.
In case one compartment is uroken through By
contact with snags, and nils with water, the
others are not endangered, and the boat can
uOE nAnhF - pumps PLOHAAE4A VI eA[A 81 nc
geDcy, will be in instant operation safety to
passengers and freight Is a great end worthy
Of the Struggle of tie people of the Mississippi
Valley.
Nearly three hundred thousand dollars In
money ana WORK hHs already been subscribed
to the capital stock OF the Company. The Lou
isianaL Legislature mas passed a bill subscribing
one hundred thousand Iull1rs OF stock to Lhe
Company. An additional sum OF that mount
will. without a doubt, be subscribed oy the
same body. The Company have resolved to
take lands for stock, and lhis Is the feature 70
which they desire 10 call the attention OF own
ers of real estate In the southern states On
account ofGhe d-tsoIganized condition OF labor,
lands are An membranes Vast tracts that
yield no revenue TO the prOprlelOrss pay exOr-
bitant taxes, and thus cripple their only pro-
ductive resources. This company propose 10
take these lands at q fair EaiuauOn and issue 10
the owners their stock in lieu. II lands shall
enhance in value, SO viii the stock enhance in
value, and thus the land proprietor will carry
in his pocket the equivalent OF his lands, 70 be
eOnyerted1 into money or property Nltno1L de-
lay. The success OF this great enterprise Is be-
yond question. the s~JoekhOIter, IN addition
10 the Denent Of the enhanesd Value or MS
lands, will be part owner Of a line Of boats,
and be entitled to dividends in their earnings.
Persons wishing 10 exchange lands ior the
stock Of The Company will send to the Agent st
Msmphis a description of them, their pr0duc-
tive qualities. the timber, bottom or upland !;
whether overlooked or not II overlooked Whas
prOpol ton how near TO cOunty-tOEn, 10 rail-
road, depot, river, and all faets-neeess2ry 10
AFFORD the company a satisfactory idea Of the
land. This may De done BY certificates OF re-
liable, diSinBerested persons residing in the
neighDorhoed- b present actual value OF
the Land may be proved in the same manner.
The party Offering lands must STATEN his prop
ositiOn tue lowest figures he viii take. The
COMPANY will not give exOrbita6t prices The
titles must be uBencumbsred Oy Judgments
mortgages. deeds OF tIust- TAX titles. or DINER
wise. Ibis may be shoEn by omclaI eertin-
Gates OF tuC ges. clerks, sherins, or the opinions
of respectable attorneys. This is believed 10
be the best opportunity to dispose OF surplus
lands In the South and West thzthas yetbeen
or can be offered.
Many of the best and wealthtest citizens OF
the South and West are W6rEliy embarked IN
the enterprise. The General Headquarters OF
the Company are In New orleans, but agencies
exist in all the principal cities The enter
/ prise Las been endorsed by Underwriters,
chambers OF Commerce, Engineers. Aechan-
les, practical navigaJoTs, and al classeso OF Prse-
teal men.
The foregoing facts are submitted to the pub
lie in the confident belief that they VIII De un-
deEstOOd and appreciated.