Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-04
THE MISSISSIPPI VALLEY
Navigation Company
s SOUTH AND VEST.
To THE oWSEls OF REAL EsTaTE Iy
TENNESSEE, MISSISSIPPI, Ala
BAMA AND ARKANSAS:

FEHE COMPANY KNOWN TO THE PUBLIC
! az the " Mississippi valley Navigation
company oil 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 OhlRr with
he privilege Of extension 10 one million.
the company. the third article of The ehnrter
Is given entire as follows
"Thc object OF this Company is 10 con
strlct or Otherwise 10 procure aud maintain
one or more steamboats, OF other vessels. 10
Un on ana aV1Eale The mississippi river, or
its tributaries, FOR the pdrpoSa OF carrying
freight, mails and PASSENGERS; 10 construct
docks wharveS, buildings and such other con
strucrious as may be necessary 70 the build
ing and repairing OF vessels, and generally to
exercise such incidental powers ana prtvi-
leges as are hereby or may be conferred on
them ortlo purposes Aforesaid.
The Company ropOs under the provisions
Oh this charter TO construct a line OF steam
ers 10 run between the different ports on the
Mississippi river and ats tributaries. They
will he constructed upon the low pressure
principle; they Will carry less steam they
will make better time. and be in all respects
more safe than any description OF boats ever
placed upon our waters DIVIDED INTO as
tfnCr compartments, II disaster, whether by
IRE or snaEE, shall happen 10 one, the boat g.
not endangered. In ease Of urei apparaful
Tor tnrn{ng steam uDOu IT. viii be proyfdGd
and IL Is demonstrated that steam - the most
effective extinguiSheT OF IRE. In case one
compartment is broken through by eontaf
with snags, and fills with water. the other
are n~otendangered, and Tie boatcann0tsink,
as pumps, provided for such an emergency,
viii be In instant operation. safely 10 pas
sengerS and freight IS n great end, worthy OF
the struggle OF the people OF the MISSISSIPPI
Valley.
money and work has already been subscribed
to the capital stock CT the mpa Tue
Louisiana Legislature has passed ~ SUD
sertbing one hundred thousand uoLiaIs OF
stock 10 the Company An sum OF
that amount viii. without a doubt. De SUD
scribed by the same body. me mpan
kn.a EnGnNEUa #nEHnN~n fnnaHU for Stock. and
this is the feature to which they desire 20 cali
the attention of owners Ofreal estate. IN the
Southern states, on account OF ne diseIgan-
ized condition of labor. lands are an ncuin-
orange. Sast tracts thai Yleip no feNehue
the proprietors, pay eNOrnltant taAe1, ana
thus cripple their only prod1etfe neFolIees
This Company propose TO take hese4anqs az
q fair valuation and issue 10 tne owners tnelf
stock in lieu. IfIandS shall value,
so will the stock enhance m NbieS, 6 aie tTs
the land proprietor carry IN ms pochSt lue
equivalent of his lands, 10 be converted INTO
money or property without deiay, me sue
cess OF this great enterprise Is DsyOhu ques-
ton, The stakeholder, in addition 70 the
benefit Of the enhanced valne OF BIS Ian9s,
will be part owner OF a line OF ooatsf anu De
entftled to dividends in their
Persons wishing to exchange lands Ior the
stock OF the Company VIII SEND t9 the Asent
al Memphis 2 description o. men. tnell pIO-
duCtiVe qualities, the lAM9ef, Dottoin o. up
land. whether OverfioWesi or mott over
flowed, what proPortioni how near 70
oonntv-town. TO railroad. depot, river; and
III tacte neeesSarv to afford The Company a
w 49, 49,
satisfactory idea OF the AliS may ne
done by certificates Of reliable, dslnteIesteu
nersons residing in the neigh5orhood. The
present actnal vaiue of the land may he
proved in the same manner. The party
6ffering lands must state in his prop
osition the lowest figures he VIII <
The Company VIII not give exorbiiantp prices.
titles must be unencumbered oyJuds-
ments. mortgages, deeds Of trust, taNulssO OF
otherwise. This may be shown Y omelat
certificates of judges, clerks sneflas ~ ne
opinions OF respectable attorneys dnns
lieVed to be the best Opportunity - 1890
lands in the South amt hetH'"N
vet been or can be offered. .,ao
MANY OF the hest and wealtnieSt cltl@ens ~
tbs SoTtb and West are warmly emharked in
ne enternrfse. fhe General ~uqnat Of
~ Go~Ian-are ia New Orleans, bEt agen-
eies exisffn an the principal cities. ne en-
farnrfSe has been endorsed oy LMeLSi
1910 ~ Commerce Aec1an=
IN nrseffesi naYigstors, and all classes OF
T6s. foreSoing facts are submitted 2 me
uubIfc in ne conndent DeueI tRat '"eS VII
rs Understood and appreeiated.
% =. Z. Rocket
uvB Agent at Memphis,