Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-03
nessee, Mississippi. Alabama asd Ar
kaEsas:


THE COMPANY KNOWN TO THE PUB
4 lie - the Mississippi Valley navigation
Company OF the south ana West" Is Organized
under a charter from the state OF LOUISIANA
Inls enarter auLhor1zss a capital stock OF nya
aundred thousand dollars, with tbs privilege
OF extension to one million. That the public
may know the exact object Of the Company,
the third article OF the charter is given entire,
The object Of this Company Is to construct
or otherwlss TO procure and maintain one or
more steamboats, or OLhsr vessels. - run on
and navigate The Mississippi river, or its trib-
ntaries, Tor the purpose Of carrying ireight,
maLs an0 passengers 70 construct oocksr
WharVes, buildings and sucn other eonstruc-
lions a. may be necessary TO the building and
repairing OF vessels, and generally 70 exercise
sucn incidental powers and privileges As ara
hereby or may be conferred on them for ths
purposes Aforesaid T"
The Com pany propose, under the provisions
OF this charter 70 cOnstruct q line OF steamers
TO run beIwesn the different ports on toe Mis-
sissiDp1 river and Its tributaries. They will bs
constructed upon the iow-pressurs prInciples
they Will carry less steam they viii make BET
ter time, and be in all respects more safe than
any description OF boats ever placed upou eur
waters. Divided into dlsuEct cOup artments,
II disaster, whether BY dre or sDags, shall hap
pen 20 one, the boat is mol endangered. In
case OF nre, apparatus for turning steam upon
Il viii be provided, and it Is demonstrates hat
steam Is the most EFT Give extnEuisher Of IRE
In case one compGNRnsnt is aroksn through by
contact with snsgs, and Ills With water, the
0tners ara not endangered and the boat can
not sink, as pumps. provided tor such an emer-
hI4AL W. 70 IA ia OHGAalAlAs 6aAcAE -
passengers and freight Is a great end, worthy
OF Ine struggle OF the people Of the Mississippi
Valley.
Nearly three hundred thousand dollars in
money and WORK has aIre.dy been subscribed
to the capital Stock Of the Company. The Lou
1sian2 Leg stature has passed a oll subscribing
one hundred thousand DOH rs OF STOCK 10 the
Company. An additional sum OF that amount
will, without a doubt, be subscribed by the
same body. The Company have resolved to
take lands for stock, ana this is the feature to
which hey desire 20 cali the attention OF own
anu - rauN a-4aaa n, the Eanehar- EfaFau IN
account Of the disoTganized condition Of lsbsr,
lands are an fncumbrance. Vast tracts hat
ylelO NJ IoNen1S ~ VAC PnOp1le,onss pdy e4Oh-
bitant taxes, and Thus cripple heir only pro-
ductive resources. This Company propose to
take these lands at a fair valuation RdisSuet to
the owners their stock In leu. II lands shall
enhance In value, so vii the stock enhance IN
value, and thus the land proprietor viii carry
In his pocket the equivalents OF his lands, to bs
converted iauO money or property Without de-
lay. The success OF THIS great euterprise is be-
yOnd question. The s~Jockholder, IN addition
10 the benefit Of the enhanced value or his
lands, viii be part owner Of q line Of boats,
and be entitled to dividends in their earnings
Persons wishing 10 exchange lands for the
stock OF the Com will send to the Agents st
Memphis a description Of Them, their Droduc-
tive qualities. the timber, bottom or upland ;
whether overlooked or not; II OveIdOwed, what
-prOpOTtion : now near TO county-tovn. t. rafI-
road, depot, river, and all facts necessary 10
anord the CcmPany . satisfactory idea OF the
liable, disin terested persons residing In the
neigheorhOod. The present actual value OF
the Land nay De proved In the same manner.
The party Offering lands must state IL his prop
ositiOn toe lowest ngures he will take. b
Company will not give exOrDitaHt prices. The
titles must De unencumbere by iudgments,
mortgages. deeds OF uust. TAX titles. or other
wise This may be shown by official certIn-
Gates OF juG ges. clerks, shertds, or Lhe opinions
Of respectable attorneys. This is believed to
be the BEST opportunity 20 dispose Of surplus
lands In the South and West thai has yet been
or can be offered.
Many OF the best and weaIthiest citizens OF
the South and~W est ara warmly embarked In
the enterprise. The General Headquarters OF
the Company are In New orleans, bal agencies
exist In all the principal cities. The enter
prise has been endorsed by
OF Commerce, Engineers. Mechan-
les, practical nsvigsJors, and All classes Of Prac-
teal men.
The foregoing facts are submitted TO the pub
lie IN the c0uddenL belief that they VIII be 1n-
derstOod ana aAreciated-