Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-02
THE MISSISSIPPI VALLEY
Navigation Company
NJ WEST
TO THE OWNERS OF REAL ESTATE IN
TENNESSEE. MISSISSIPPI, ALA
RAMA ARKANSAS.

9A1iA AM AkNIA@A-HE2fNs
yTHE COMPANY KNOWN TO THE PUBLIC
1 as the " Mississippi Valley Navigation
Company of the south and West, Is organ
lied under a charter nom the state Of Lou
iSiana. This charter authorizes a capital
stock OF five hundred thousand dollars, with
the privilege Of extension 10 one million.
the Company, the third article Of the charter
Is given entire as follows:
"The object of this Company Is to con-
struct or otherwise 10 procure and maintain
one or more steamboats, or other vessels. to
run on and navigate the Mississippi river. OF
its tributaries, Tor the purpose Of carrying
freight, mails and passengers; 10 construct
docks wharves, bindings and such other con-
structiuns as may be necessary 20 the build
exercise such incidental powers and priVi-
leges as are hereby or may be conferred on
them Tor the purposes aforesaid.
The Company propose, under the provisions
of this charter to construct % line of steam
eTs 10 run between the different ports on the
NffsSiSsipDi river and its tributaries. They
Will be constructed upon the iow-pressure
principle; they viii 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 dis
Ifnct compartments, II disaster, whether by
fire or snags, shall happen to one, the boat is
not endangered, IN case OF nref apparatus
for turning steam upon it Will be provided,
and 80 il demonstrated that steam is the most
effective exffngaiSher OF IRE. IN case one
compartment Is broken through by contact
with snags, and fills will water, the others
are not endangered, and the boat cannot sink,
as puMnS. PROVIDED lOF SuCu an emergency
WEI be IN instant operation. safely 70 pms
sengcrs and freight is a great end, worthy OF
the struggle Of the people OF the Mississippi
Valley.
Nearly three hundred thousand dollars In
money ard work has already been subscribed
TO the capital stock OF the Company. The
Louisiana Legislature has passed "a bill sub
scEibing one hundred thousand dollars OF
stock to the Company. An additional sum OF
that amount viii, without n doubt, be sub
scriBcd by the same body. The Company
have resolved 10 take lands for stock. and
this Is the feature to which they desire 70 call
the attention Of owners Of real estate. In the
southern states. on account OF the disorgau-
iZed condition Of labor. lands are an In cum
branco. Vast tracts that yield no rev tnue
the prOprietors, pay exoTbitant taxes. an
mus Cripple lneir only productive resources.
This Company propose 10 take these lands al
a lair valuation and issue 70 the owners their
stock In lieu. II lands shall enhance IN value,
80 Will the stock enhance in value. and thus
the land proprietor carry in his pocket the
equivalent Of his lands, 90 be converted into
money or property without delay. The sue
cess OF this great enterprise is beyond Ques-
ton. The stakeholder, in addition to The
benefit OF the enhanced value OF his lands.
viii be part owner OF "A line OF boats, and be
entitled to dividends In their earnings.
Persons wishing 10 exchange lands for the
stock Of the Company Will send to thesAgenf
at Memphis n description OF them, their pro-
ductiye qualities, tile timber. bottom or up
land; whether overlooked or not If over
lowed, what proportions; how near 70
cOunty-town, to railroad, depot, river; and
all facts Necessary to afford the Ompany : ]
satisfactory idea OF the lana. ms may pc
done b. certificates of reliable, disinterested
persons residing in the neighbOrhoOd. D
present actual value OF the land may be
proved IN the same manner. The party
Offering lands must state in his prop
Oslt!On the lowest figures he viii take.
The Company will not give exorbitant prices.
iFhe titles must be unencumbered by judg-
mortgages, deeds of trust, tax titles, or
otherwise. This may be shown by official
certificates of Judges, clerks, sherifs, or the
opinions Of respectable attorneys. This Is be-
Ifeved to be the best opportunity to dispose of
surplus lands in the South and West that has
vet been or can be offered.
Many or the best and wealthiest citizens OF
the south and West are warmly embarked in
The enterprise. The General Headuaarters AZ
the Company are IN New Orleans, but agen-
cies exist In all the principal cities. The en-
terprise has been endorsed by Underwriters,
Chambers OF Commerce, Engineers, Mechan.
practical navlsasors, aid Gil classes OF
men.
The foregoing facts are submitted 10 the
public IN the confident belief that they vii
be understood and appreciated.