Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-30
NAVIGATION COMPANY.
Mississippi Valley Navigation
THF-
U AND WEST,
No. IIs CarOndsIet Street New Orleans.

Capital Stock, sl,OOO,O OC
Shares (each), -$100each
To the owners of Real Estate in Louisiana,
Mississippi, Tennessee, Arkansas, Texas
N Alabama:
THE COMPANY KNOWN To II PUBLIC
i as the " Mississippi Valley Navigation
Company of the South and West, is organ
lied under a charter from the State of Lou
isiana. This charter authorizes a capital
stock OF five hundred thousand dollars, with
the privilege of extension to one million.
That the public may know the exact object oil
the Company, the third article Of the charter
is given entire as follows;
"The object of this Company is to con-
struet or otherwise to procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river. or
Its tributaries, FOR the purpose of ca Tyine
freight, mails and passengers; to construct
docks wharves, buildings and such other con-
structiOns as may be necessary to the build
Ing and repairing of vessels, and generally TO
exercise such Incidental powers and prlvt-
leges as are hereby or may be conferred on
them for the purposes Aforesaid.
The Company propose underline provision
of this charter 10 construct a line of Low
PRESSURE Steamboats, TO run between the diff
ferent ports Oh the Mississippi river and its
tributaries. They viii carry less steam,
make better time, land freight and pasSen-
gers without ro~unding-to, and, by means of
endless chains and elevators, receive grain in
bulk and discharge II III for ipmen df-
ANNNAa Va 1 49, $500 ~ ~ AEGEANE
10, instead of the present mode Of putting il
first on shore. thereby saving time. labor and
expense. The Boats VIII also be divided into
distinct compartments, If they encounter
snags, or any accident should happen to the
hull, the boat Will not be endangered. They
will also have complete apparatus for eNtin-
gushing fire by steam, and conducting water
over the vessel for domestic uses and will be
In every respect safer, swifter, and better
adapted for carrying passengers and freight.
aud at a cheaper rate than any boats now
navigating the Mississippi river.
owing to the difficulty of obtaining cash
subscriptions to any enterprise, no matter
terminated to receive s~uhseriptionsfn LandtO
the Capital Stock In doing so, we have at
once a substantial basis; and as il is very
reasonably expected that within a short time
lands will considerably appreciate in value
this plan viii afford us q source of revenue
entirely separate and distinct, and when
added 10 the expected earnings Of the boats,
cannot, in the natural course Of things, faii
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 at a great sacrlnee, and perhaps
not at ali, viii, on reflection. see this TO be an
excellent and unusual plan for realizing on
them. as the certificates Of stock Of a COM
pany can be much N Ore readily disposed Of
over i55.O0 acres of good land have already
been offered and subscribed.
Books of subscription TO the capital stock Of
the Company are now open at the Office, lis
C~arondelet street, New Orleans.
Parties at a distance, desiring to subscribe
lands must send to the local agents alb
stract of title, mortgage certificates, evidences
tina the taxes have been paid, testimony Of
responsible parties respecting the value ofthe
land, price, and, in fact. all Information ne
cessary 70 give the Company a satisfactory
idea of the and offered.
By order Of the Board of Directors.
CHAS. R BENTON, Secretary.
1T. SWAYNE. President.
B. General Agent.