Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-24
Navigation Company
S OUTH NJ WEST
D TUE OWNERS OF REAL EsrArEI S
-NH hH7hhf Aha
BAAfA AND ARKANSAS

III AM AIfNAAEA14 ".H
ITHE COMPANY KNOWN TO THIS pUBLJe
L as the Mississippi Valley Sayigation
company of the South and West" Is organ.
ized undeEa charter from the staies Of lou
LsIapa. This charter authorizes a capital
stock OF five hundred thousand dollars. viii
the privilege OF extension to one million.
Ihai the public may know tho exact object oi
the Company, the third article 81 The charter
is given entire as f0llowSf 7
The object OF sAis Company Is TO enn-
slEnclor otherwise TO procure and maintain
orc or more STEAMBOATS, or other vessels. to
runiOn ana a avigate the Mississippi river, or
lis Tributaries, fOr the purpose OF carrying
docks wharves. buildings and sneh other CON.
structions as may be necessary 90 the GuilJx
ing and repairing OF vessels, and generally 10
exercise such incidental pOwer and prfvf-
leges as are hereby or may hH esn farred on
them for the purposes Aforesaid.
The Company pr0poser under the provisions
] OF this charter to construct n line OF Steam
ers 10 run between the diuarent ports on the
hiSsisslppi river and its tributaries. They
principle; they VIII carry less steam they
VIII make better time, and he in all respects
more SAFE than any description OF boats ever
1 placed upon our waters. Divided into dis
uuet compartments, IL disaster, whether BY
IRE or Enags, shall happen to one, the Aoat Is
not endangered. In case of frs apparatus
nor turning steam upon Il NH be provided.
and y As demonstrated that steam Is the most
etiectiVe extingnisher 81 nre. IA case one
compartments Is broken thr0ugh BY contact
Win SnagS, AMI Ails with water. the others
6fe not endangered, u the boat cQunot sink.
rs pumps, provided for such mn emergency,
VIII be IN Instant operation, Safety 10 nas-
Stngers and freight is a great end, worthy Of
ne struggle Of the people OF the Mississippi
Nearly three hundred thousand dollars in
money and work has already been subscribed
10 the capital stock OF the COMPANY, The
LoulSla1a Legislature has passed. 3 bill SUP
serielnE one hundred Thousand dollars of
that amount. Wifi Without a doubt, be sub
scrleeA ~ ne same body. The Company
this Is the feature 10 " hich they desire to call
the attention Of owners OF real estate, In the
southern states, on account Of tie disorgan-
izei condition of labor, lands are N inenm-
nrance. Vast tracts tlgt Xisld no revenue to
the proprietorS, pay exorbitant taxes. and
thus crippla their Oniy productive resourees
This company propose 10 take these lands al
q fatF valuation and issue 10 the owners their
stock In lieu. II Lar sRRn enhance in value.
the land PreprIetor carry In his pocket the
equivalent of-his lands, 10 he converted into
money or property Without delay. The sue
cess q ms great enterprise Is beyond ques-
ton. Tie stakeholder, in addition to the
benefit OF the enhanced yaIue of his ands.
WI! be part, owner Of a line Of boats, and be
Persons wishing 70 exchange lands for the
stock of the Company VIII send TO the Agent
NJ Memphfs q description Of them, their pro-
dRRAyo qualities, the timber, bottom or up
lh8s whether overlooked or not; If over
nowed what proportion how near to
all facts necessary to affQFd the Company a
satisfactory idea of the land. This MAY be
done by eertiirases q reliable, disinterested
persons reading IN the neiahhorhood. The
pressat actual value Of the lRad may be
proved IN the same manner, The party
offeTing lands al1st state in his prop
ositton The lowest figures he will take.
The Company Will not give exorbitant prices.
The titles must be -nencumbe by judg-
Inents, mortgages, deeds Of trust. tax titles, or
otherwise. This may be shOWn 10y official
certificates OF judges, clerks, sheritS or the
opinions Of respectable attorneys, This is be-
li0yed 10 be the best o~pportuntty todiSpQSe of
surplus lands in the south and West thai Aa2
yet been or can be offerSa.
Many of the best and WaaIthiest citizens OF
the South ana Mest are warmly embarked in
the enterprise. The General Headquarters of
the Company are in New Orleans, but agen-
etes exist in all the principal cities. The en-
tcrpriSe has been endorsed BY Underwriters
ChaIpbsrs of Commerce, Engineers, Meehan-
les practical navigators. and ali classes Of
practical men.
The Foregoing facts ara submitted to the
public in tue rcOnidenT belief hat they will
be Understood aud appreciated,
L. X.RUEKETT,
my Is Agent at Memphis.