Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-30
NAVIGATION COMPANY
SOUTH AND WEST.
To the Owners of Real Estate In Ten
nessee, Mississippi, Alabama al Ar
Kansas

AGA8A8s
THE COMPANY KNOWN TO THE PUB
i lie as the Z" Mississippi Valley Navigation
Company of the South and West" is organized
under a CHARTER from the State of Louisiana.
This charter authorizes a capital stock of i've
hundred thousand dOlars, with the privilege
OF extension to one miIion. That the public
may know the exact object Of the Company,
the third article or the charter Is given entires
aTne object of this Company Is to csustruct
or otherwlss to procure and maintain enc or
more steamboats,, or other vessels, % run on
and navigate the Mississippi river, or It's trio-
utaries, for ths purpose OF carrying freight,
wharves, buildings and such other consirnc-
tons as may De necessary to the building and
repairing OF vessels, and generally 70 exercise
such incidental lowers and privileges As are
hsre6y or may D. conferred on hem Tor the
purposes Aforesaid
OF this charter 20 construct q Line OF steamers
20 run between the different ports on tue MS
sISsippt river and It's tributaries. They will be
constructed upon the lOW-Drsssure principle,
they Will carry less steam +; they will make Bet
ter time, and be in all respe is more safe Than
any dEsrriution. Of hoafa ever Diaean mon our
waters. Divided into distinct departments,
II disaster, whether By IRE or snags, shall hap
pen to one, the boat Is not endangered In
case OF FIRE, apparatus for Turning steam upon
1t will be provided, and IL is demonstrated that
steam is the most eff ctIve extlnguisher OF nre.
In case one compartment Is Uroken through by
contact with snags, and nils with water, the
eJners are not endangered. and the boat can
not Sink as pumps proVloed lcr sacn an emer-
I gency, VIII be in instant operation. Safety TO
passengers and freight is q great end, worthy
Of the struggle OF the people u me Mlssisslppl
Nearly three hundred thousand dollars In
money ana WorK has aITssdy been subscribed
to the capital stock OF tie Company. Tne Lou
isian2 LEg stature has passed = Dill subscribing
Ons hundred thousand dollars OF stock 10 the
/ VIII, without a doubt, be subscribed DJ the
same body. The Company have resolved to
take lands for stock, ana mis- s6ne feature to
which they desire 10 cali the attention Of own
ers OF real estate. In the southern States, On
account of the d1so9ganized condltlon OF labor,
lands are an incumbrance Vast tracts that
yield no revenue to the proprletOrs, pay exOr-
b1tant taxes, and thus cripple their only pro-
I ductive resources. This Company propose to
take thess lands at 8 fair valu tion and tsSust0
the owners their stock in lieu II lands shall
enhance in value, so viii the stock enhance in
value, and thus the land proprietor VIII carry
in his pocket the equivalent Of his lands, 70 be
CONVEX ted tDfO money or property E1th0at de-
yOnd question. The ssOckholcers in addition
to the benefit OF the nhanced value OF his
lands, will be part owner OF q line Of boats,
and be entitled to dividends in their earnings.
Persons wishing 10 exchange lands for the
stock OF the company viii sead 10 the Agentat
/ MEmphis q description of them, their produce
tive qualities. the timber, bottom or upland (;
whether overlooked or not; If overlooked, what
proportion how near to county-toWn, 70 rail-
road, depot, river, and all facts necessary TO
AFFORD the COnpany a satisfactory i0ea OF the
land. This msy be done By certificates OF re-
liable, disinterested persons residing in the
neighbOrhoOd. The present actual value OF
the land may be proved IN the same manner.
4hO FAAtJ OACAA-e
OsitiOn tae lowest nguIes he viii take. The
Company will not give exOrbitazt prices The
titles must be EnSncumDered By Judgments,
mortgages. deeds OF Just-tax titles, or other
wise. This may be EhOWn by official certih-
Gates OF u Cges. clerks, sbsrifIs, or the opinions
of respectable attorneys. This is believed TO
be the best opportunity to dispose Of surplus
lands in the South and West that has yet been
or can be offered.
Many OF the best and wealthiest citizens of
the South and West are Warsn1y embarked in
the enterprise. The General headquarters of
the Company are in New orleans, bat agencies
exist in all the principal cities Tn enter
prise has been endorsed by Underwriters,
chamber OF Engineers. Meohan-
les, practical navigaJors, and all classes OF prae-
tical men.
The foregoing facts are submitted to the pub
lie IN the confident beief that they VIII be un-
derstOod and appreciated.