Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-12-04
NAVIGATION COMPANY.
mississippi Valley Navigation
COMPANY
OF THE
SOUTH AND WEST,
No. H8 CarondeIet Street New Orleans.

Shares (eaeh), -$1OOeach
To the owners of Real Estate in Louisiana.
Mississippi, Tennessee, Arkansas Texas
and Alabama:
THE COMPANY KNOWNTO THEPUBLIC
L as the " Mississippi Valley Navigation
Company of the south and West" is organ
lied under a charter from the State Of Lou
istana. This charter authorizes n capital
stock of five hundred thousand dollars, with
the privilege of extension 10 one million.
Ihat the public 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 10 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 rylng
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 priYi-
leges as are hereby or may be conferred on
them for the purposes Aforesaid.
The Company propose, underline PROVISION
Of this charter to construct a line - Low
PRESSURE eambOats to run between sae diff
ferent ports o. the Mississippi river and its
tributaries. They will carry less steam,
make better time, land freight and passen-
gers without ~rounotng-tO, and, by means Of
endless chains and elevators, receive grain in
bulk and discharge 10 at for shipmenO d.
rectly on board the vessel intended to receive
II, instead OF the present mode OF putting it
first on shore. thereby saving time, labor and
expense. iLC htldl. VIII also De QlNlQeu mo
distinct COMPARTMENTS, II they encounter
snags, or any accident should happen 70 the
null, the boat Will not be endangered. They
will also have complete apparatus for extin-
gushing IRE by steam, and conducting water
over the vessel for domestic use: and viii he
In every respect safer, swifter, ami better
adapted for carrying passengers and freight.
and at o. cheaper rate than any boats now
navigating the Mississippi river.
Owing TO the dimcalty OF obtaining cash
subscriptions TO any enterprise, no matter
how great its merit, the Company have de-
terminated to receive subscFiDtiOns In LandtO
the Il apitGl stock. In doing so. we have ar
once a substantial basis, and a. IL is very
reasonably expected that Within "a short time
lands VIII considerably appreciate in value
his plan will afford rs a sourcs of revenue
entirely sePerate aud distinct, rand when
added 10 The expected earnings q 1.-The boats.
cannot, il the natural course of things, fail
to make the stock "a profitable investment.
little or nothing, but on which they are pay
ing taxes. and which cannot be sold at pres
ent, except at a great sacrifice, and perhaps
nOt-at all, viii, on reflection. see this 10 be an
excellent and unusual plan for realizing on
them, rs the certificates OF stock of a conf
pany can be much n ore readily disposed Of
than and
over $4,000 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 ut a distance, desiring to subscribe
lands must send to the local agents alb
stractOf title. mortgage certificates, evidence
responsible parties respecting the value Ofthe
land. price, and. in fact, all ne
cessary to give the Company a satisfactory
idea OF the land offered
BY order of the Board OF Directors.
CHAS. h BENTON, secretary.
J. 7. SXANNE, President.