Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-16

To the owners Of Real Estate in Louisiana,
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
TIVE COMPANY KNOWN TO THE PUBLIC
Il as the " Mississippi valley Navigation
Company OF the South and West" Is organ
ICED undera 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 mas 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 maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river, or
It's tributaries, for the purpose Of carrying
freight, mails and passengers; 10 construct
docks wharves, buildings and such other con-
structions as may be necessary to the build
ing and repairing OF vessels, and generally %
exercise such Incidental powers and priYi-
leges as are hereby or may be conferred on
them for the purposes aforesaid.
Of mis- chaTfeT 10 construcf a Tae ~ row
PRESSURE Steamboats, TO run between the diff
ferent ports on the Mississippi river and Its
make better time, land freight and passen-
gers without rOundiDg-tO, and, by means Of
endless chains and elevators, receive grain in
bulk and discharge II ~ Tor shlpmentl d.
recfIy on board the vessel Intended to receive
&C. Instead or the present mode OF putting a.
first on Shore. thereby saving time, labor and
expense. The Boats will also be divided into
q sttnrt cOmpartment@so, II they encounter
suags. or any accident should happen to the
nulAr tiE UOaE VIII not De ellduEtEcus llEI
will also have complete apparatus Tor eXttn-
gushing fire by steam, and conducting water
over the vessel for domestic use; and viii Be
IN every respect safer. sWifter, and better
adapted for c~arrying passengers and freight,
and at a cheaper rate than any boats now
navigating the Mississippi river
Owing 10 the difficulty Of obtaining cash
subscriptions TO any enterprise, no matter
how great its merit, the Company have de-
termined TO receive subscriptions In Land 10
once a substantial basis; and as il Is very
reasonably expected tina within 8 short time
lands VIII considerably appreciate in value,
this plan will afford US a source Of revenue
entirely separate and distinct, and when
added 10 the expected earnings Of the boats,
cannot, IN the natural courseo OF things, fail
10 make the stock a profitable investment.
Parties having land which produces hem
little or nothing. but On which they are pay
ing taxes, and which cannot be sold at pres
ent, except al "a great sacrifice, and perhaps
not AT all, viii, on reflection, 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
han lands.
Books OF subscription to the capital stock Of
the Company are now open at the office, z4<
Carondelet street, New Orleans.
Parties At q distance desiring to subscribe
lands, must send to the local agents alb
that the taxes have been paid, testimonyOd
responsible parties respecting the value ofths
land, price, and, In fact, all Information ne
Gsssary 70 give ne Company a satisfactory
BY order Of the Board OF Directors.
angli CHAS. Il. BENTON, Secretary.
]. T. SWAYNE, President.
books for the subscription of stock to the
ID above named Company are now open at
Their Office, No. u Jefferson Stree
Where all persons DESTROYS Of subscribing TO
the capital stock, in lands or money, are re-
quested to call.
d. WITHERSPOON, Agent.
Memphis, August 10, 1853. augIO