Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-08
Mississippi Valley Navigation
COMPANY
OF THE
SOUTH AND WEST,
No. ns c~arondelet Street. New Orleans

NJ. no ~OdI UNuti6t OtFttsl N6h OfieAhS.
Capital Stock, 100000
Shares (each), 800 each
To the owners of Real Estate in louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
TNHE COMPANY KNOWN To THE 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 capita
stock OF hve hundred thousand dollars, with
the privilege OF extension to one million.
That the public may know the exact object OF
the Company, the third article Of the charter
is given entire rs follows:
"The object OF this Company Is to con-
Struct or otherwise TO procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river, or
its tributaries, fF the purpose 81 ca Tylng
freight, malls anu 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 20
exercise such incidental powers and privi-
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 ca the Mississippi river and its
tributaries. They will carry less steam,
make better time, land freight and passen-
gers without rOunding-tO, and, by means OF
endless chains and elevators, receive grain IL
bulk and discharge u Qt for shtPmepN dI-
rectly on board the vessel Intended to receive
II, instead az the present mode OF putting II
first on shore. thereby saving time, labor aud
expense. The Boats viii also be divided into
distinct compartmeEtS-so, Il they encounter
snags, or any accident should happen to the
hull, the bQat viii not be endangered. They
Will also have complete apparatus tuf eNtin-
gushing IRE by steam, a conducting water
over the vessel for domestic use; and viii be
in every respect safer, swtfter, and better
adapted for carrying passengers and freight,
and at q cheaper rate than any boats now
navigating the Mississippi river.
Owing to the difficulty 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 a substantial basis; and as il is very
reasonably expected that within 2 short tln4s
lands will considerably appreciate In Falue
this plan gill afofd us a source Of revenue
entirely seperate 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 iaud which produces them
little or nothing, but on which they are pay
ing taxes, and Whith cannot be sold at pres
ent, except at a great sacrifice, and perhaps
not at all, viii, nretection, see this 10 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
than lands.
over IAs,Gu 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
CarOndelet street. New Orleans.
Parties at 3 distance, desiring to subscribe
must send 10 the local agents ab-
stract of title, mortgage certificates, evidence
that the taxes have been paid, testimony of
responsible parties respecting the value of the
land, price, end, In faeI, all tn~trlaatlon me-
idea al thelaud offered.
By OF the Board of Directors.
HAS X. BENTON, Secretary.
j.. SWAYNE. President.