Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-07
The MIsSISSIPPI VALLEY
NAVIGATION COMPANY
Or THE
s o y T H AND YVES T.
The MIsSISsIPPI VALLEY
10 Ghe Owners of Real Estate in Ten
nessee, Mississippi. Alabama and Ar
kansas;

T'HE COMPANY KNOWN TO THE PUB
L lie as the " Mississippi Valley Navigation
Company of the South and West, +" Is org znizsd
under q CHATTER from the State of Louisiana.
This charter authorizes a capital stock Of i've
hunored thousand dollars, with the privilege
Of extension to one million. That the puolic
may know the exact object of the Company
the ghird article OF the charter is given entire
as follows:
"The object OF this Company is to construct
or otherWiss- TO procure and maintain one or
more STEAMBOATS,, or other vessels % run on
ana navigate the Mississippi river, or its trib-
utaries, Tor the purpose OF carrying freight,
malls and passengers; to construct cocks
wharVes, buildings and such otter eonstTue-
lions as may oe necessary TO the building and
repairing OF vessels, and generally 70 exercise
such Incidental powers Snd privileges as are
hereby or may be conferred on them for the
purposes Aforesaid.
The Com Peny propose, under the provisions
or this charter 10 construct line OF steamers
TO run between the different ports ON tue Ms
slssippi river and its tributaries. they will be
constructed upon the low pressure principle;
they VIII cary less steam they VIII make eet-
ter time, and be in all Fespe Is more safe than
any description CT boats ever placed upon cur
waters. Divided into distinct CO.. paTtments,
II disaster, whether by FIRE or snags, shall hap
pen to enc, the coat is not endangered, In
case OF fire pparatus for turning steam upon
1t will Oe provided, and 1t is demonstrated mat
steam is the most eff Give extinguisher of tire
In case one com partnent Is uroksn through by
contact with snags, and fills with water the
others are not endangered. and the boat can
not sink, as pumps, provided for such an emer-
passengers ana freight is q great end, worthy
of the struggle of the people OF the Mississippi
Valley.
Nearly three hundred thousand dollars in
money and worK has already been subscribed
to the capital stock OF the Company. The lou
isiana Leg stature has passed q bill srhse1bing
one hundred thousand dollars OF stock to the
Company. An additional sum OF that amount
viii, without doubt, be subscribed by the
same body. The Company have resolved 10
take lands for stock, ana this Is she feature 70
which they desire 10 call the attention OF own
ers of real esta g. IN the Southern States on
account Of the disOrganized condition of lab0r
lands are an 1ncumbrance, Vast tracts that
yield no revenue to the proprietora, pay exor-
bttant taxes, and thus cripple their only pro-
ductiva resources. This Company propose to
take thess lands at fair valuation and issust
the owners JueiF stosk in lieu. II lands snail
enhance Ia value, SO will the stock enhsnee In
value, AND thus the land proprietor viii carry
in his pocket lhe equivalent OF his lands, to be
eOnves ted trto money or property without de-
lay. The success OF this great enterprise Is be-
yOnd question. The StOckhOlder, IN addition
to the benefit OF the enhanced value OF his
lands, win be part owner OF line of boats
and be entitled 10 dividends In their earnings.
Fefsoes Wtshlns 10 exchange lands Tor the
stock OF the Com pany Will send to the Agent at
Mzmphis a descrI ption of them, their produe-
tive qualities. the timber, bottom or upland
whether overlooked or not; If over lfiowed, what
propOi tfOn how near 10 cOunty-toWn, TO rail-
road, depot, river, and al facts necessary 10
sdoTd The Company . Sati5fsctOry Idea OF the
land. Ihts s'isy Dc done by certificates or re-
Liable, disinteTestsd persons residing in the
lie pftSsAL acbuAl FaiHe OF
the land msy DO proved in the same manner.
The p<WS Offering lands must state IN his prop
ositi0n~eGe lowest hgu;e he viii take The
Company Will Eot give exorbitant prices. The
titles must De untncnmbered by Judgments
mortgages deeds OF tTuSt. tax titles, or other
wise This may be shown by OMciGi Csrtid-
Gates OF JuCges. clerks sReiins, or the opinions
OF respectable att0rneys, This is believed 10
be the best opportunity TO dispose Of surplus
lands IN the South and West thzL has yet been
or can be offered.
Many OF the best and wealthsest citizens of
the South and West are Warniy en- baTked in /
the enterprise. The General Headquarters OF I
the Company are in New orleans, bat agencies |
exist in all the principal cities. The enter
prise has been endorsed by Underwriters, /
Chambers OF Commerce, Engineers. Mechan-
les, practical navigatoEs and sl GLASSES o. pEas-
tical In en-,
The fJregGiD iaets are sU omitted to the pub
lie in the cor hdent belief that they wiz be IN
derstOod and appreciated,