Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-06

ENHE COMPANY KNOWN TO THE PUB
L lie As the '' Mississippi Valley Navigation
Company Of the South and West, +" is Organized
under a charter from the stats OF louisiana
This charter authorizes a capital stock OF fiye
nunGred thousand dollars, with the privilege
OF extension to one million. That the punlic
may know the exact object of the Company,
the th1rd article OF the charter is given entire
"The object OF this Company is to construct
or otheyYise 20 procure and maintain one or
more steAmb boat, or other vessels to run on
and navigate the Mississippi river, or its trib-
utar1es Ior the purpose Of carrying freight,
mails and passen gers; to construct cocks
wharV6s, buildings and such other consfruc-
lions may De necessary TO the building and
repairing OF vessels, and generally 20 exercise
such incidental powers and privileges as are
hereby or may be conferred on them for The
purposes afoEssal1
The Com pany propose, uadar ti.e provisions
or this charter to fanstruet line OF steamers
e rrn 1stween the different ports on the Mis-
siSSi ppl river and its tributaries. they will be
constructed upon ths low pressure principle:
they Will carry less steam they will make Det-
ter time, and be in all resps is more safe than
any description OI boats ever placed upon our
waters. Divided into distinct cor. pailments,
il disaster, WHISTLER hv fire or snags. snail hsn,
pen 70 one Il--S boat is not endangered. In
CASE = Ire apparatus for turnlEs steam upon
II viii be provided, ana i5 IS demonstrated Lh2t
sIeam is the ElCst ehScGive exGnguisher OF fire.
In caSo one compartment is Oroken through by
contact with gnRgs and nIls with water the
others are not endangered. and the boat can
not sink, as pumps, provided for such an ener-
.
passengers and freight L. . great end worthy
Of the snusgie Of the people Of the Mississippi
Valley.
Nearly three hundred thousand dollars in
money and wOrK has already been subscribed
to the capital stock OF the Company. The Lou
isiana Lsg stature has passed Dill subscribing
one hundred thousand dollars of stock to the
Company. An additional sum Of that smcHnt
will, without doubt, be subscribed ~ the
same body. The Company have Essolved to
take lancs for stock, 8ild tAis ID the feature to
which they deS1i % call the attention OF own
ers of real esta!e. In the Southern States on
account of the disorganized condition OF labor
lands are an incUmbranee. Vast tracts thaf
yield no revenue to the propriefers psy exOr-
bttant taxes, and thus er.ppie their only pro,
duetiye resources. Ibis Company propose to
take these lands at fair vain aLtol aid Issue to
the owners their Stock in He1- II lands shall
enhance in vains, 80 viii the stock enhancs in
YalGe, sl0 thus the land proprietor will carry
In his POCKET Ghs eoufvaIent n ms Iands 10 ~
converted iELo money or property without de-
lay. The success OF this great enterprise is be-
TO the Oenedt OF the enhanced value OF his
lands, will be part owner OF q line OF boats
and be EMIT ed to dividends IA their earnings.
Fsrsoas Wlshtng t1 exGhange lands for the
stock oi tbs Com qany Will send to the Agent at
Memphis description Of hem, their produc-
tive qualities. the timber, bottom or upland
whether OYerdOwed or not; II overfowed, what
propOl tt0n how near to county-tOWn. to rail-
road, depot, river, and all facts necessary 10
anord the Company satisfactory idea of the
land. This nay De done by certificates OF re-
liable, disinterssted persons residing in tae
neighboIhood. The present actual value of
the land may Es pgoVSd IN the same manner
The - Offering lands must state in his prop
Osiuen fhe lowest ngu, ss he viii take. The
Company Will not give e1OrbitaAt prices. Yhe
titles must be uneneumbered by iudgments
mortgages. deeds or trust. tax titles, or other.
wise ihis may be shown BY Official certln-
Gates OF iuCg gss. clerks, sheriff. or the opinious
of respectable attorneys. This Is believed to
be the best opportunity 10 dispose OF surplus
lands IN the south sad West that has yet been
or can De OEzrea,
Many OF the best and wealthiest citizens OF
the SQoth and West are warmly EN- bar ked in
the enterprise. The General Headquarters of
the Company are IN New orleans, bat agencies
exist in all the principal cities. The en- ter
prise las been endorsed by Underwriters,
Chambers OF Commerce, Engineers. Mechan-
les practical uayi gators and all classes OF prac-
tical men.
The foregoing facts are submitted 70 the pub
lie in the coR Rfidsnt belief that they viii be IN
derstood and appreciated,