Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-20
NAVIGATION COMPANY
or THE
SOUTH AND EST
To the Owners of Real Estate In Ten.
nessee, Mississippi. Alabama and Ar
kansas:

kansas:
THE COMPANY KNOWN TO THE PUB
L lie as the " Mississippi Valley Navigation
Company OF the South and West, " is org 4DiZsd
under a chatter from the State OF louisa ma
This charter authorizes capital stock of five
hundred thousand dollars, with The privilege
Of extension to one million. That the puonc
the tnlrd article OF the charter is given entire,
"The object of this Company is to construct
or otherwiss to procure and maintain one or
more steamboats,, or other vessels to RON on
and navigate the NJ M.sslssippi river, or its trib-
utartes, Ior The purpose of 6arrylI g freight,
mails and passengers; to Construct cocks
wharves, buildings and such other construc-
tionS as may be necessary 10 the building and
repairing OF vessels, and generally 10 exercise
such incidental Lowers and privileges as are
hereby or may be conferred on them for the
Tie Com paDy propose, under the proqisions
or this charter TO construct q line of steamers
10 run between the different ports ON toe Mis-
sIssippI river and its tributaries. They wiz be
constructed upon the low pressure pTincIple I:
they viii car less steam they Will make eat-
any desert tJion OF boats ever placed upon cur
wateTs. divided tnto distinct compartln en- Is
II disaster whether By fire or snags, shall hap
pen 70 one, the boat is not endangered. In
case of fire, apparatus for turning steam upon
1t viii be provided, and iL is demonstra Jed that
steam is the IN st effective extinguisher of fire.
IN case one com partment Is broken through by
contact with snsgs, and ILLS with water, the
others are not endangered, and the boat oans
not sink, as pumps, provided for bgoh al emer-
passengers and freight is q great end, worthy
81 ths 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 Lsg, stature has passed a bill subscribing
one hundred thousand dollars of stock to The
Company. An additional sum of that amount
Will, without doubt, be subscribed by the
same body. The Company have resolved to
take lands for stock, ana Jnis is the feature to
which they desli e 10 call the attention OF own.
erS Of real e ia e. In the Southern States on
account OF the disoi gani2ed condition of labor,
lands are an incUmbrance. Vast tracts thai
yield no revenue to the propriRtors, pay exOr-
bitant taxes, and thus cripple their only pro-
dssetiye fe4Sos5sses; Lais company propose TO
the owners their stock in lieu. II lands shall
enhance in value, so will the stock enhance in
value, and thus the land proprietor will carry
in his pocket the equivalent Of his lands 10 be
converted into money or property without de-
lay. The success OF ttis great enterprise is be-
ycnd question: me stoekholder, Id addition
tQ the bEnGht Of the enhanoed value OF his
lands, will be part owner OF q line OF boats
and be entitled tp dividends in their earnings.
Persons wishing TO exchange lands for the
stock Of the Company Will send to the Agent at
Memphis description of them, their produc-
tive qualities. the timber, bottom or upland (;
whether oYertowedo or not; If over flowed, what
prOpO- tion how near TO county-town, 10 rail-
road, depot, river, and all facts necessary to
afford ts1#E company satisfactory idea OF the
land. fffls lnsY lie doAe by certificates OF re-
liable, disin tegested PERSONS residing in the
ne.ghbothood, The present actual value of
the land m9y be proved in the same manner.
The party offering lands must state in his prop
ositOn t-e lowest ngu es he will take The
Company will notgIve exorb.taht rices. the
titles must be untncumbered by judgments,
mortgages deeds OF uust. tag titles, Sr other
wise his may be shown by official Certti-
Gates n jaC ges. clerks, sheris, or the opinions
Of Respectable attorneys. This Is believed to
be the best opportunity 20 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 warmly embarked in
the enterprise. The General Headquarters OF
the Company are in New orleans, but agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers OF Commerce, Engineers. MaahRn-
les, practical naYgstofs, and al classes Of prac-
tfcAl m6p.
The foregoing facts are submitted to the pub
lie in the COL fdent belief that they Will be un-
derstood and appreciated.