Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-27
THE MISSISSIPPI VALLEY
Navigation Company
OF THE
S OUT AND IVES
TO THE OWNERS OF REAL ESTATE IN
TENNESSEE, MISSISSIPPI, ALA
BAMA AND Arkansas.
THE coMPAyY KNOWS 10 THE PUBLIC

uNHF COMPANY KNOWN TO THE PUBLIC
L as the =" Mississippi Valley Navigation
| Company of the South and West, Is orgau-
lied under a charter from the state of Lou
isiana. This charter authorizes a capital
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;
"The object Of this Company is to con-
| Struet or otherwise to procure and maintain
| one or more steamboats, or other vessels, to
| run On ana Navigate the Mississippi river, or
! its Tributaries, Tor the purpose or carry
! freight. mails and passengers; 10 cOIstruci
docks wharves, buildings and such other con-
structions rs may be necessary to the build
ing and repairing of vessels, and generally TO
exercise such incidental powers and privi-
| legeS as are hereby or may be conferred on
them for the purposes aforesaid.
The Company propose, under the provisions
| of this charter to construct a line Of steam
ers % run between the different ports on the
Mississippi river and its tributaries. They
viii be constructed upon she low-pressure
principle icy viii carry less steam; they
viii make better time, ana pc IN an respects
more safe than any description OF 0Oats eyer
placed upon our waters. DIVIDED INTO dlS
tinct compartments n disaster Wnetner Dy
fire or snags, shall happen to one, the boat Is
not endangered. In case of fire, apparatus
for turning steam upon it-Wil be provided,
and it is demonstrated that steam is the most
effective eXfinguisher Of ire. IN case one
compartment is broken HrOugh by contact
with snags, and fills with water, the others
are not endangered, and the boat cannot sink,
as pumps. provided for such an emergency,
win be in instant operation. safety 10 pas
sengers and freight Is a great end worthy OF
the struggle of the people of the Mississippi
Nearly three hundred thousand dollars Ia
money and work has already been subscribed
10 the capital stock OF the Company h
Louisiana Legislature has passed a Dill sub
seribing one hundred thousand dollars Of
slQck TO the Company. An additional sum OF
that amount Siil, without a doubt, be sub
scribed BY the same body. n company
have resolved to take lands for stock, n
this il the feature to which thew desire 10 cali
the attention OF owners of reaLestate. IN the
SOuthem States, on account OF the disorgan-
lied condition Of labor, lands are an incum-
branee. vast tracts that yield no revenue
the prOprietOrs, pay eXOrbitant taxes, n
thus cripple their oni5 productive resources.
This Company propose 10 a these lands al
a fair valuation and issue TO the owners their
stock in lieu. Iflands shah enhance IN value,
so Will the stock enhance in yafue, and thug
tine land prOprIetOr carry Ian his pocket The
equivalent OF his lands, to he converted into
money or property without delay. Ine sue
ton. The stOekhOlder. in addition to the
benefit of the nance value of MS lands,
entitled to dividends in their earnings.
Persons wishing 10 exchange lands for the
stock of the company Will send to the Agent
at Memphis a description OF them, their pro-
ductive qualities, the timber. bottom or up-
land; whether overlooked or not; II over
flowed, what proportions now near TO
to railroad, depot, river; and
all facts necessary TO afford the Company a
satisfactory idea of the land. This may be
done by certlmc1teS OF reiiaDle. 0lSlubefeSteQ
persons residing in the neighbOrhOOd. The
present actual value of the land may be
proTed IN Tue sans manner. n party
Offering lands mast state IA his prop
OsitfOn the lowest figures he VIII take.
The Company will not give eX9rbitant prices.
The titles must be unencumbered BY Judg-
ments, mortgages, deeds Of trust, tax titles, or
otherwise. This may be shown by official
certificates OF judges, clerks, sheriff.. OF the
opinions Of respectable attorneys. This is be-
TO be the best opportunity TO dispose OF
surplus lands in the South and West that has
yetbeen or can be offered.
Many Of the hest 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 agen-
exist in I'll the principal cities. The en-
terprise has bten endorsed by Underwriters,
of Commerce, Engineers, Mechan-
practical ~navigators, and all classes OF
practical men. =
II foregoing faets are submitted TO the
public in the Confident belief That they vii
be understood and appreciated.
+. Y. Rocket,
my Is - Agent at Memphis.