Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-06
EAVleATl0N.

Tp tue owners Of Real Estate In Louisiana,
and Alabama:
THE COMPANY KNOWN TO THE PUBLIC
L as the " Mississippi Valley Navigation
Company OF the South and West" is organ-
lied under 4 charter from the state of Lou
isiana. This charter authorizes a capita
bIOck Of five hundred thousand dollars, with
the privilege Of extension TO one million.
That thepubhc may know The exact objeCt OF
the Company, the third article Of the charter
IS given entire as follows:
The object OF this Company Is to con-
gtruct or Otherwise To procure and maintain
one or more steamboats, or other vessels, 10
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-
structions "a may be necessary TO the build
Ing and repairing of vessels, and generally to
exercise such incidental powers and privi-
ieges as are hereby or may be conferred on
iBeLl for the purposes aforesaid.
III company propose, under the provision
of this charter 10 construct q line of LOW
PRESSURE steamboats, to run between the diff
ferent ports On the Mississippi river and its
tributaries. They viii carry less steam,
make better time, land freight and passen-
gers without rOunding-to, and, by means OF
endless chains and elevators, receive grain In
bulk and discharge Il 1T for shipmentl di-
rectiy on board The vessel Intended 20 receive
It, instead OF tue present mode Of putting 1t
first on shore, thereby saving time, labor and
expense. The Boats viii also be divided into
q Stiuct cOmpartments-so, IL they encounter
sz4Ggs, o. any accident should happen to the
hull, the boat yi4l not be endangered. They
will also haye cQmpiete apparatus for eXtin-
gushing fire by steam, and conducting water
over the vessel for domestic use; and will be
In every respect safer, swlfter, and better
adapted for caTTyiHg plssen gers and freight,
and ut a cheaper rate than any boats now
navigating the Mississippi river.
Owing 10 the uidicIIty Of obtaining cash
subscriptions to any enterprise, no matter
how great its merit, the Company have de-
terminated to receive subscriptions in Landto
the Capital Stock. In doing so, we have at
once q substantial basis: and as 10 T. very
reasonably expected that within a short time
lands viii considerably appreciate in value,
ak$s plan will afford us a source of revenue
e~ntifeiy seGergte and distinct, and when
added to the expected sarpings Of the boats,
cannot, IN the natural course OF things, TAIL
to make the stock a profitable investment.
Parties having land which produces them
little or nothing, but on which they are pay
ing taxes, and which cannot be sold at pres
ent, except % Il great sacrifice, and perhaps
not at ali, Will, ON reflection, see this 10 be an
excellent and unusual plan for realizing on
them, rs the certificates of stock Of a COM
papg can be much more readily disposed OF
Than lends.
books OF subscription TO the capital stock Of
the Company are row open at The office, 2t2
C~arOndelet street, New Orleans.
Parties at q distance, desiring to subscribe
must send to the local agents alb
sfract of title, mortgage certificates, evidence
responsible parties respecting the value ofths
land, price, and, in fact, all information ne
cessary 10 give the Company q satisfactory
idea of the land offered.
BY order OF the Board of Directors.
angl4 CHAS. r. BENTON, Secretary.
j. T. SWAYNE, PRESIDENT.
DOCKS for the subscription of stock 10 the
ID above named Company are now open at
Their O6ce, No. u Jefferson Street,
all persons destroys OF subscribing q to