Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-13
SOUTH AND WEST.
To the Owners of Real Estate in Ten
nessee, Mississippi. Alabama and Ar
KANSAS.

5 4BR- AAeDA-An az
kansas
HE COMPANY KNOWN TO THE FUB
Z lie a. the q" Mississippi Valley Navigation
company Of he South ana West, Is organized
under a CHATTER from The 5tats OF LOUISIANA.
TDis charter authorizes a capital stock OF hve
ouu.red thousand dollars, With The privilege
OF extension to one million. That he puDic
Lay Anow the exact object OF the Company,
as follows
The object OF this Company is 70 construct
or oJnerwlss 70 procure and maintain one or
more steam DOaHs, or other vessels 10 run on
and navigate the M.ssIssip pi river, or it, t1b-
utaries, Tor the purpose OF Carryii 3 freight,
mails and passengers 20 c instruct cocks
Wharvess uudlns aud such otter cous-TGc-
tons as may Do necessary % the building and
repairing OF vessels, and generally 70 exercise
such Incidental powers and privileges IS are
hereby or may b conferred on tEem for tn9
purposes Aforesaid
The Com pany propose, under The provisions
Of this charter 10 construct a hns OF steamers
sisSippl river and its ~LEibuIsEies. Ihsy viii Do
constructed upon the low preggure principle.
they viii carry less sleam Lhey WI make Bet
ter time, aud De ia All reEpe Is mere SAFE han
any description Of boats ever placed upon our
waters. Divided into distinct COZ parimeuts,
II disaster, whether by IRE or slags, shall hap
pen to enc, the boat is nov endangered. In
case OF IRE, apparatus Tor turning stesm upon
ii will DO provided, AID it, is demonstrated that
steam is tbs IN 81 edtcave extlngulsher OF IRE
In case one com time is rOkea through by
contact with snass, ana fills with water, the
others are not endangered. anu the boat car
not SINK as pumps PROVIDED -6r 4ucnan emef-
gency, Will be in instant operation. Safety to
passengers ana freight Is a great end, worthy
Of the struggle OF the people Of ne mississippi
Valley.
Nesrly. three hundred thousand dollars in
money ana WORK has aire.dy been subscribed
to The capital stock Orth Company. The Lou
isiana Leg stature mas passed q biil subscribing
one hundred thousand dollars or stock TO me
Company. An additional sun OF that amount
will, without a dauot- De s1bsc-lOeo BY the
same body. The Company nave resolved TO
take lands for stock, md intS 81 the feature 70
which lhey desire 70 call ths attention o. own
ers Of real eta e. In tDs S0uthefu states, on
. account of the di3Organi1ed cOldiEOu u laO9r,
lands are an IncumbrGuce- East tracts tnaE
yield no revenue % the prOpUe.Ors, pay eXOr-
bitaut taxes, and thus cripple their Only pro-
ductiyB resources. Ilis Company propose 70
take these lands at a fair valu-lOn sndlssueto
the owners their stock ia lieu. II lands snail
enhance in value. so viii the took endauca In
value, and thus the LAND proprietor viii carry
in his pocket the equivalent OF MS lands 70 De
Icy. The success Of his great enterprise Is be-
yOnd question. The ~stUcKhol-sr, in addition
TO ths benedt OF the enhanced vaiue OF his
lRnus,W will be part owner o. q line u Doars,
and be EMIT ed TO dividends in their earnings.
Persons wishing 10 exchange lanos 1orthe
stock OF the company VIII seao 10 ne Ase1tab
Memphis a description Of hem their pfoduc-
tive qualities. tbs Limbsr, bottom or upland ;
whether CveruOWed or not II Owe 1oHelr WhAL
prcpO. ton how nesT 10 Ouu-T-tJTu, @ rail-
road. depot river. ana all Lacts Necessary 10
aford the Company s. Satisfactory dfa Of the
land. This may be done by certificates OF re-
| liable. disinteresI6t persons residing IN the
. ne-ghbOThOod. The preSenL actual value OF
the land may be proved in the same manner.
The party Offering lanes luusl 5iaiel his prop
! ositiOn tle lowest hguI es he VIII take. The
COmpan viii not give eECrJ-t2at Lrcas. me
titles must De uuJncumbefeu 10y Judgments
MORTGAGES. deeds OF must. lax titles. OK diner
wise This may be shown by official eertin-
Gates of juG ges. CLERKS. Eh6UEs, or NE opinions
Of RESPECTABLE attOTuey s.. This is believed 10
be the best opportunity % dispose Of surplus
lands In ths South and West th-5 has YET been
or can be offered.
Many Of the best and wealtdsest CITIZENS OF
the South and West arc Wsrzl1y embarked IN
the enterprise. The General A~e1aqu1ftef5 OF
the Company are in New orleans, b-- agencies
exist in all the principal cities. TIE enter
prise has been endorsed by Under writer's
Chambers OF Commerce, engineers, AeohEn-
fos, practical navlg2ICls, and Al cassesOI pIac-
teal men.
The foregoing facts are submitted to the pub
lie IN the Dc1et that theJ VIII De an
derstOOd ana appreciated.