Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-10
HAvlGATI0R COMPANY.
MissiA sippi Valley Navigation
COMPANY
OF TIE
SOUTH AND WEST,

Shares (eaeh), -SlWeach
To the owners OF Peal Esta,' 3 in louisiana,
. Mississippi, Tennessee, Arm ahsSAf leA@
and Alabama:
TH COMPANY KNOWN 10 n FU5Ll
4 as the " Mississippi Valley afisatlon
Company Of the SOuth and Vest, II 1lSan
lied under a charter from the state o. -
isiana- This charter authorizes a $500
stock OF five hundred thousand dohArsN -
the privilege OF extension to one mncuni
That the public mi know the Azact op9eoto y.
the Company. the third article q sths Charter
Is given entire as follows:
THE object OF this Company Il 60 Con-
struet or Otherwise TO procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river, OF
its tributaries, for the purpose OF ca Tying
freight malls and passengers; 10 construct
docks wharves, buildings and such other con-
structions ~ may be necessary 10 the build
ing and repairing OF vessels, and generally 10
exercise such Incidental powers and prfvi-
leges as are hereby or may be conferred on
them for the purposes aforesaid.
The Company propose, under the provision
Of this charter to construct 9 line OF Low
PRESSURE STEAMBOATS, TO run betweent the diff
ferent ports ca the Mississippi river and Its
tributaries They VIII carry less steam.
make better time, land freight and psssen-
gers without rOuuding-to. and BY means OF
endless chains and elevators. receive grain in
bulk and discharge Il Qt for shipment) d.
reetly on board the vessel intended 70 receive
IL. instead Of the present mode OF putting Il
first On shore. thereby ssving time. labor and
expense. The Boats viii also be divided into
distinct eompartments-so, n they encounter
snags. or any accident should happen to the
hull, the boat will not be e~ndangeFed. They
will also have complete apparatus for extin-
gushing fire b steam, and conducting water
ON ar the vessel for domestic use. and viii be
in every respect safer, swifter, and better
adapted for carrying passengers and freight,
and at a cheaper rate than any boats now
navigating the Mississippi river.
wins to the difficulty Of obtaining cash
subscriptions to any enterprise, no msttsr
how great its merit, the Company have de-
Terminated to receive subscription in Landto
the Capital stock. In doing so. we have al
once 3 substantial basis. and as IL Is very
reasonably expected that within a short time
lands viii considerably appreciate in value
this plan viii afford US a source OF revenue
entirely separate and distinct and when
added 70 the expected earnings OF the boats,
cannot, in the natural course Of tAings, fail
to make the stock q profitable Investment.
Parties havtng land which produce them
little or nothing, but on which they are pay
ing taxes, snd which cannot be sold AZ pres
not at ali, will, on reflection. see this to be an
excellent and unusual plan FOR realizing on
them. as the certificates or stock OF a COM
pany can be much II ore readily disposed of
than lands.
over 5000 acres OF good land have already
been offered and subscribed.
Books Of subscription TO the capital stock OF
the Company are now open at the odce, lis
C~arondelet street, New Orleans.
Parties at a distance, desiring to subscribe
lands. must send to the local agents sb-
sfracf Of title, mortgage certificates, evidence
that the taxes have been paid. of
responsible parties respecting the value Ofthe
land, price, and, in fact, all Information ne
cesssry 70 give the Company a satisfactory
idea OF the land offered.
BIZ order Of the Board OF DirectorE
CHAs. r BENTON, Secretary.
il. SWAYNE. President.