Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-24
THE MISSISSIPPI VALLEY
Navigation Company
OF THE
S OUTH AND WEST.
To THE OWNERS OF REAL ESTATE IN
TENNESSEE, MISSISSIPPI, Ala
BAMA AND ARKANSAS:

.UNHEC DMPANE KSOWS 10 THE RpBLlE
4 as the Mississippi Valley Nav1gatiOh
Company of the south and VEST is orgau-
ICED under a charter frOm the stale Of Lou
isiana. This charter authorizes q capital
stock Of five hundred thousand dollars, with
the privilege of extension TO one Million.
That the public may know the exact object Of
the Company, the fhird articr Of the charter
is given entire as follows:
The object OF this company is 10 con-
Struct or otherwise 10 procure and maintain
OneOr more steamboats, or other vessels, To
run on and navigate the Mississippi river, or
its tributaries, for the purpose OF carrying
freight, mails and passengers; to construct
docks wharveS, buildings and such other con-
slruCtions as may be necessary 10 the p0ild-
ing and repairing of vessels, and generally TO
exercise such incidental powers and priVi-
leges as are hereby or may be conferred on
them for the purposes Aforesaid.
The company propose, under the provisions
of this charter 10 construct a line OF steam
ers to run betYes2 ne different ports On the
win be constructed upon the lOw-pressure
principles; they Will carry less steam; they
will make better time, and he in all respects
more safe than any description Of boats ever
placed upon our waters. Divided INTO dis
finet compartments. IL disaster, whether by
Are or suags, shall happen 10 one the boat Is
not endangered. In case Of IRE, apparatus
for tu~rningsteam uponif VIII be proglae4.
and Il Is demonstrated that steaA Is the most
effective ~eXtingulSher OF fire. In case one
compartment is broken through by contact
with snags, and fills with water, the Others
are-not endangered, and the boat cannot sink,
as pumps. provided for such AN emergency,
will be in instant operation. SAFETY 10 pas
ssngers and freight is a great end, worthy OF
the struggle Of the people OF The MISSISSIPPI
Nearly three hundred thousand dollars In
money and work has already been subscribed
20 the capital stock OF the company Ine
Louisiana Legislature has passed 3 nili sub
scTining one hundred thousand dollars OF
stock to the Company An ADDITIONAL sum OF
scribed by the same body. The Company
have resolved to take lands for stock, and
this is the feature to which they desire TO call
the attentio' OF owners of real estate. In the
southern Ss-.tes, on account Of the disorgar-
lied condition Of labor, lands are an incum-
brance. Vast tracts that yield no revenue
The prOprietors, pay exOrbitant axes, and
thUs cripple their only productive resources.
rhis Company propose TO take these lands al
a fair valuation and Issue to the owners their
stock in lieu. Iflands shall enhance in value,
so VIII the stock enhance IN value, and thus
the land proprietor carry in his poeketthe
equivalent Of his lands, 20 be converted into
money or property without delay. The sue
cess of this great enterprise Is beyond queS-
ton. The Stakeholder, in addition TO the
benefit OF the enhanced value of his lands,
viii be part 0EneT Of q lin Of boats, and be
entitled 70 dividends IN fhelr earnings.
Persons wishing to exchange lands f9r the
stock OF the Company will send to rhe AgsnT
at Memphis a description OF them, their pro-
ductive qualitge S, the timber bottom or up
land; whether overlooked or not II over
flowed, what proportion: how near TO
10 railroad, depot, river; and
all facts necessary to afford the Company a
SATISFACTORILY AAlC1 VI AAAE A1AAA LAAA1 may TX
lone by certificates of reliable, disinferested
persons residing in the neighborhO0d. The
present actual value OF the land may De
proved in the same manner. The party
offering lands must state in his prop
ositiOn the lowest figures he. viii take.
Company viii not give exorbltant prices.
titles must be unencumDered y JudS-
mentS, mortgages deeds Of FnsS TAX titles, or
otherwise. a may be shown by Official
certificates OF Judges, clerks, sherihs. or the
opinfOns OF respectable attorneys. h Is be-
lteyed to be the best opportunity to dispose of
Surplus lands in the South and West that has
Vet been or can be offered. ZOO tla-
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 agen-
cies exist in all the principal cities. Inc en-
terprise has been endorsed by nderwries'
of Commerce, Engineers, Meehan-
les, practical nayigatOrs, and all classes OF
practical men, GA
The foregoing facts are submitted 70 the q.
public In the conddent belief fHat Ehey VII
Fl Y. Rocket.
null 81 Agent az Memphis.