Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-23

To the owners Of Real Estate IN louisiana.
Mississippi, Tennessee Texas
and Alabama:
THE COMPANY KNOWN TO TIE PUBLIC
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 i've hundred thousand dollars, with
the privileges OF extension 70 one Million
That the public may know the exact OBJECT OF
the Company, the thlEd article OF the ehAfter
As given entire as follows:
1.-THE object Of this Company Is to con
strIcf or Otherwise to procure and maintain
one or more steamboats, or other vessels, 70
run on and navigate the Mississippi river or
its tributaries, for the purpose Of carrying
freight, mails and passengers 20 CONSTRUCT
docks wharves, buildings and such other con-
structious as may be necessary 70 the DQ1a-
ing and repairing Of vessels, and generally 20
exercise such incidental powers anQ prIFl-
Ieges as ara hereby OF may be conferred On
them for the purposes Aforesaid.
The Company propose, undertne pfnylsloa-
of this charter to construct a line OF Low
PRESSURE Steamboats, 10 run between the DIFF
ferrnt ports on the Mississippi river and rs
ri2s1 THffcr time. land freight and passen-
Ear- wlf6out Iounding-to, and, By means OF
Endless chains gnd elevators, receive grain In
bulk ard discharge Il tt for Shipment d.
ree;lv or board The vessel intended 70 recatVS
Ii. iasfead % the present mode OF putting Z
nrst on shore, thereby saving time, labor M
expense. The Boats viii also Le divided into
z -ffurt compartmeurs-so, II they encounter
suagS. or arv accident should happen 70 the
hull, the boat viii not be endangered Ihey
Will also have complete apparatus for exttn-
gushing IRE by steam, and water
/ over the vessel for domestic USE ana vii De
In every respect safer, swtneri and better
adapted for carrying passengers and relgntl
and at a cheaper rate than any boats nov
| NAVIGATING the Mississippi river.
Owing 10 the difficulty OF obtaining oash
subscriptions TO any enterprise, no matter
how great It's merit, the Company have de-
| termined to receive subscriptions In Land %
the Capital stock. In doing SO, we have AT
/ once a substantial basis; and as It Is very
/ reasonably expected that within q short time
lands will considerably appreciate In value
this plan VIII afford Us Q source Of revenge
/ entirely separate and distinct, and when
l added TO the expected e~arningsof the boats
cannot IN the natural course OF things, alf
] to make the stock a profitable Investment.
Parties having land which produces them
! little or nothing, but on which they are lay
ing taxes, and which cannot be sold at pres
enf, except az o great sacrifice, and perhaps
not at al, VIII on reflection, see this % be an
excellent and unusual plan for realizing on
them, as the certificates OF STOCK OF a eoa-
pany can be much more readily disposed OF
than lands.
Books Of subscription to the capital stock Of
the Company are now open al the Office, AZ
CRrondelet street, New Orleans
Parties at a distance, desiring TO Subscribe
lands, must send to the local agents ah-
gtract Of title, mortgage certificates, evidence
that the taxes have been paid, testimony OF
responsible parties respecting b value or the
land, price, and in fact, all Information ne
cessary 10 give the Company a satisfactory
idea Of the land offered
BY order OF the Board OF Directors.
aagll CHAs. Il BENTON, seerstaFF.
J. T. SWAYNE, PRESIDENT.
DOCKS for the subscription CT stock 70 the
ID above named Company are now open al
Their Office, No. u Jefferson Street,
Where all persons DESTROYS Of subscribing 10
the capital stock, IN lands or money, are re-
qUested TO call.
A I. WITHERSPO0N, Agent
Memphis, August 10, S59. aogl0