Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-26

Rama AND ARKANSAS:
TNHE COMPANY KNOWN TO THE PUBLIC
Il as the Mississippi Valley Navigation
Company OF the south and west" Is organ
ICED uuder a charter from the slate OF Lou
I isiana. This charter euthOrizes q capfrai
stock Of I've bundr thousand dollars, with
the privilege OF extension TO one million.
That the public may know the exact object 81
the Company, the third article ct the charter
i5 gwen entire as tolloWS-
The object Of this Company is 20 con
struet or otherSise t9l6Toears and maintain
run on and navigate the Mississippi river, or
its tributaries, Tor the purpose of carry IN
freight, mails and passengers; 20 construct
| docks WharveS, buildings snd such other con
---ff--- - - -. ~--.-- - a. E-fTI
ing and repairing Of vessels, and geuefaIlyT TO
exercise such incidental powers and priv
| legeS as are hereby or may he conferred on
| them for the purposes aforesaid.
| The Company propose under the pTCViSiOuS
OF this charter 10 construct q line OF steam
erS TO run between the different ports on the
Mississippi river and its tributaries. They
viii be constructed upon the lOw-pressure
principles they will carry less steam; they
viii make better time, and be in all respect
more safe than any description OF hosts ever
placed upon our waters Divided into dis
lnct compartments. il disaster, whether By
IRE or snags, shall haFpen TO one, the boat j.
not endangered. In ease Of IRE, apparatus
for turning steam upon it viii be provided.
and 10 is demonstrated that steam Is the most
effective eNtinguisher of IRE. In ease one
compartment IS broken through by contact
with snagS. and nils with water, the OtheFs
are not endangered. and the boat cannot sink.
as imp provided for such an emergency.
viii be in instant operation. Safety 10 pas
Sengers and freight is q great end, worthy OF
the struggle OF the people OF The MlssisipPi
Valley.
money and work has already been subscribed
20 the capital stock Of the Company. The
louisiana Legislature has passed a BAL sub
one hundred thousand dollars OF
that 8m0anr viii, without a doubt, be SHh-
seribed By the same BODY. The Comnanv
hQVa racolva1 In faEn n0nHr Frr HF~-r- -
this Is the feature to which they desire to cali
the attention of owners OF real estate. In the
lied condition of labor. lands are an ineum-
branee. Vast tracts that yield no revenue ro
the proprietors, pay exorbitant taxes, and
thus cripple their only productive resource.
This Company propose 10 take these lands al
a fair valuation and issue to the owners their
stock IN lieu. Iflands shall enhance in value,
so w1l the stock enhance in value, and thus
the land proprietor carry in his pocket the
~equ1vatent OF his lands, TO be converted into
eess ~ Propefty wlLnqut aeisy. me sue
ton. b s~toekholder, in addition to the
benefit of the enhanced value Of his lands
y pc part owner Of a line of boats. and De
entitled to dividends In their earnings.
Persons wishing to exchange lands for the
stock of the Company viii send TO the Agent
az Memphis a description OF them. their pro-
ductive qualities, the tiraber. bottom or up
land; whether overlooked or not; II over
flowed, proportion; how near TO
eounty-town, TO railroad, depot, river, and
all facts necessary to afford the COMPANY
satisfactory idea Of the land. This NAV he
lone by certificates of reliable. disinterssted
persons residing In the neighbOrhOOd. The
present actual value of the land NAV be
proved in the same manner. The party
Offering lands must state IN his prop
ostt1on the lowest figures he wiz take.
The company viii not give exoFbltant prices
Inc uties must be unencumbered by Judg-
mentss mortgages, deeds OF trIst, tax titles, or
otherW1se- This may be shown by Official
of judges, clerks, snerlls, or the
opinions of respectable attorneys. This IS be-
deved to be the best opportunity 20 dispose OF
lands In the South and West that has
yet been or can be Oeared-
Many Of the best and Wealthiest citizens Of
the South and West are warmly embarked in
the ENTERPRISE. The General Headquarters Of
the COMPANY are in New Orleans, but ager-
cies exist in all the principal cities. The en-
has been endorsed by Underwriters,
of Commerce, Engineers, Mechan-
les. practical navigafOrs, and all classes Oi
men.
The foregoing facts are submitted to the
public in the eoufden belief that they VIII g
be understood and appreciated.
r, Y. Rocket,
my Agent at Memphis,