Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-08
TENNESSEE, MISSISSIPPI. ALA
BAMA AND ARKANSAS:
U,HF CONPANY Known 10 THF PUBLIt

THE COMPANY KNOWN To THE PUBLIC
Il 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 five hundred thousand dollars, with
the privilege Of extension TO one million
Thai the public may know the exact object OF
the Company. the third article on the charter
Is given entire as follows:
THE object Of this Company Is TO con-
struct or otherwise 70 procure and MAINTAIN
one or more steamboats, or other vessels, 10
run on and navigate the Mississippi riyer, or
its tributaries, Tor the purpose Of carrying
freight, mails and passengers: 10 construct
docks wharyes, buildings and such other con-
structions as may be necessary 10 the bulld-
ing and repairing of vessels, and generally to
exercise such incidental powers and priyi-
leges ms are hereby or may be conferred on
them for the purposes Aforesaid
The Company propose, under the provisions
ers to run between the different ports on the
Mississippi river and it's tributaries. They
viii be constructed upon the lOW-pressure
principles; 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
tinet compartment, if disaster, whether by
fire or snags, shall happen 10 one. the boat -
not endangered. In case of ire, apparatus
for turning steam upon it VIII De provided,
and il is demonstrated that steam is the most
effective extinguisher Of IRE. In case one
compartment is broken through by contact
with snags. and nils with water, the other
are not endangered, and theNSat cannot sink,
as pumps, provided for such an emergency,
WI TX ia ai1 VENA1--rLH t1A~A1 " RAH-
sengers and freight IS a great end worthy OF
the struggle of The people OF he Mississippi
Nearly three hundred thousand dollars in
money and work has already been subscribed
to the capital stock OF the Company. The
Louisiana legislature has passed q bill sub
scribing one hundred thousand dollars 81
stock TO the Company. An additional sun OF
that amount VIII, without q doubt. be sub
scribed by the same body. The Company
have resolved TO take lands for stock, and
This is the feature to which they desire to call
the nrFanffnn of nU~nnrz ~ wan1 .aafurn IN FIa.
Southern states, on account OF the diSorgan-
lied condition of labor. lands are an ineum-
brance. Vast tracts that yield no revenue 70
the prOprietors. paw exorhftant taxes. md
thus cripple their only productive resources.
This Company propose 10 take these lands AZ
a fair valuation and issue TO the owners their
stock in Lieu. Iflands shall enhancGfn value,
so wiH the stock enhance I'm value, and thus
the land proprietor carry in his pocket the
equivalent OF his lands, tobe converted into
money or property without delay. The sue
cess Of this great enterprise is beyond ques-
benefit OF the enhanced value Of his lands,
will be part owner of a line Of boats, and be
Persons wishing TO exchanges lands for the
stock Of the Company Will send To the Agent
at Memphis q description of them, their pro-
ductive qualities, the timber, bottom or up
land; whether overiowed or not; If over
what prOportoni how near to
eounty-town, TO railroad, depot, river; and
satisfactory idea of the land. This may be
done by certificates of reliable, disinteEestea
ItSFlA1k III AlG nGlSuDOIAAOOu. lAE
present actual value of the land may be
proved in the same manner. The party
offering lands must state in his prop
the lowest figures he viii take
The Company viii not give exOrbitant prices.
The titles must be u-nencumbered by iudg-
ments, mortgages, deeds of trust. tax titles, or
This may he shown by Official
certificates of judges, clerks, sherihs, or the
opinions of respectable attorneys. This is be-
ieved 70 be the best opportunity 10 dispose OF
lands IN the South and West That has
Tetbeen or can be offered.
Many of the best and wealthiest citizens of
he South and West are warmly embarked IN
he enterprise. Tire General Headquarters OF
he Company are in New Orleans, but agen-
lies exist in all the principal cities. The en-
has been endorsed by Underwriters
OF Commerce, Engineers, Mechan-
cs, practical navigators, and all classes Of
men,
The foregoing facts are submitted TO the
public in the confident belief that they vii
se understood and appreciated.
-. F. Y. Rocket,
my Is Agent at Memphis.