Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-26

To the owners OF Real Estate in Louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
UNHE COMPANY KNOWN TO THE PUBLIC
4 the ' Mississippi Valley Navigation
Company of the South and West, - N organ
ize,i under a charter nom the State Of Lou
isiana. This charter authorizes a capita
stock of nye hundred thousand dollars, with
the 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 as follows:
e" The object Of this Company Is 10 con-
struct or otherwise TO procure and maintain
run on and navigate the Mississippi river, or
its tributaries, for the purpose Of carrying
freight. mails and passengers; 20 construct
docks Wharves buildings and such other con-
structions as may be necessary TO the -bulld-
ing and repairing of vessels, and generally TO
exercise such incidental powers and privi-
leges as are hereby or may be conferred on
them for the purposes aforesaid.
The Company propose, under the provision
of this charter 20 construct line OF Low
PREssURR Steamboats, 10 run between the dir
ferent ports ol the Mississippi river and its
tributaries. They Will carry less steam
make better time, land freight and passen-
gers without rOunding-to, and, BY means OF
endless chains and elevators, receive grain in
bulk and discharge II IL for shipmenf) di-
rectiy on board the vessel intended TO receive
II, instead of the present mode OF putting is
first on shore, thereby saving time, lnbOr amt
expense. The Boats Will also be divided into
distinct compartm ents-sO, II they encOuntAr
hull, the boat win not be endangered. They
viii also have eomplete apparatus for sxtin. {.
gushing IRE 0y steam, and conducting water
over the vessel for domestic use; and win be.
In every respect safer, sWifter, aud hettef
adapted for carrying passengers and freight
and at cheaper rate than any boats now
navigating NE Mississippi river.
Owing 70 the difficulty Of obtaining cash
subscriptions TO any enterprise, no matter
how great its merit, the Company have de-
terminated to receive subscription in Laudro
the Capital STOCK. In doing So we have az
onoe substantial basis; and as IL Is very
reasonably expected that within a short time
lands viii considerably appreciate IN value
this plan will afford Us a source OF revenue
entirely seperate and distinct, and when
added 70 the expected earnings of the boats
10 make the stock a profitable Investment
Parties having land which produces them
little or nothing, but ON which tney are pay :
ing taxes, and which cannot De SOFA ~ Prea-
| ent, except al a great sacrincf, ana perhaps
not AT ALL WILL on reflection. see this % be an
excellent and unuSuad plan Tor rea1lEtnS on
i them as the certificates OF stock OF COM
/ pany can be much more readily disposed Of
PooIxs Of subscription TO the capital stock OF
/ fba Company are now open al the ONCE, rs
/ CoronfleIet street. New Orleans.
i PsrtIes at a distance, desiring TO subscribe
/ lands must send TO the local agents ab-
/ sfract Of title, mortgage certificates, evidence
/ fhaf me taxes have been paid, testimony a.
L land. price and, In fact, all Information nc.
/ essssry to give the Company a satisfactory
/ idea nj the land offered
By order of the Board of Directors,
anglt CH-AS. Z. BENTON, Secretary.