Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-17
NAVIGATION COMPANY
s OU TIL AND WEST.
TO the Owners of Real Estate I'm Ten
nessee, Mississippi. Alabama and Ar
kansas:

kansas:
THE COMPANY KNOWN TO THE PUB
| i lie as the 8 Mississippi Valley Navigation
| Company of the South and West, " is Organized
under a chatter from the State of louisiana
rms charter authorizes capital stock of i've
| hunured thousand dollars, with the privilege
/ OF extension to one million. That the public
may know the exact object of the Company
ths tnlrd article or the charter is given entire,
| as follows:
"The object of this Company is to construct
| or otherw-s5 to procure and maintain one or
more steamboas, or other vessels 10 run on
and navigate The NJ ssissippi river, or its trfb-
otaTles, l0r the porpose OF carrying freight
malls and passengers; to construct COCKS
wnarves, oultC1nss and such other cOns.ruc-
lions as may De necessary 10 the building and
| such incidental powers and privileges IS are
hereby or may be conferred ON them for the
| purposes Aforesaid
The CoR Pany propose, under the provisions
OF this charter 20 construct line OF steamers
10 run between the different ports on tEe Mis-
constructed upon the low pressure principle
they viii carry less steam they will make BET
SsI tline, 4hd De IN all respe Us more safe than
any description Of boats ever placed upon cur
waters. Divided into distinct com partments
II disaster whether by IRE or snags, shall hap
pen 70 one, the boat Is not endangered. IN
case OF IRE, apparatus for turning steam upon
II Will De provided, aud it is demonstra ed that
steam is the m-st effective extlnguisher OF fire
In case one compartment is roksn through by
contact with snags, and Ellis with water, the
etners are 1t endangered. and the beat can
uub slukt AZ PROVIDED FOR such
gency, Will be in instant operatIon Safety 10
passengers and freight Is great end, worthy
OF the struggle OF the people Of the Mississippl
Valley.
Nearly three hundred thousspd sollara IN
money an1 WORK has alrea dy been subscribed
TO the capital stock OF the Company Tine Lon.
lslana Lsg stature has passed a bill subscribing
one huEdreo tcoasand dollars of stock to the
Company. An additional sum of that amount
viii, without doubt, be subscribed by the
same body. The Company have resolved 10
take lands for stock, and This is the feature 10
Whlcn they deSrl TO call the attention OF own
ers OF real esta e. In the southern States, on
account OF the disoTgan!zed condition of labor
lands are an incuEahrance. Vast tracts thei
yleld no revenue TO the proprietors, pay exor-
bItant taxes, and thus cripple their only pro-
ductlve resources. This Company PROPOSE To
take these lands at fair valu aIiOn and issue 10
the owners their stook in lieu. II lands shall
nhance in value, so will the stock enhance in
value, and thus the land proprietor will carry
IN his pocket tire equivalent of his lands, to be
eonFel ted into money or property without de-
lay. The success of this great enterprise Is he.
yODd question. The stOckhoIder in additiop
10 the cement Of the enhanced value OF his
IanCs, Will Ee part owner OF a line OF boats
and be entitled to dividends in their earnings
Persons wishing 10 exchange lands for the
STOCK OF the company will send to the Agent al
NJ Msmphis GeseTI ptiOn OF them their DTodnc-
tive qualities. the timber, bottom or upland
whether overhowed or not; If Ovei flowed, what
pruPo ton now near TO county-toWn, to rail |
road, depot, river, and all facts necessary 10 |
auoTd the Company a satisfactory idea of the |
land. IhSR6ney be done by certificates OF re-
lab q, dGIsSerested persons residine in tba
neighOOrhoOd. The present actual value Of |
the land my be proved In the same msnper |
The party oferi1g lands must state in his Drop |
ositton tue lowest ngu es he will take The I
Company Will not give exOrDitaAt rices The
Llties must De untnenmbered by judgments |
mortgages. deeds OF trust. tax titles or other. |
wise ms may be Ehowl by Official certif- |
Gates OF JUG ges clerks, sheFiffs or the opinions
CT respectable attorneys. This is believed 10 /
De the best opportunity to dispose OF surplus /
lands Ia the South and West that has vet been
or can be offered.
Many of the best and wealthiest citizens Of
the South and West are warmly mbarked in
tne enterprise. The General Headquarters of
the company are in New grleans bat agencies
exist In all the principal cities. The enter
prise tas been endorsed by Underwriters
chambers OF Commerce, Ed Dgineers, Meehan-
les, practical nRvigaJors, and all classes OF prac-
tical men.
The foregoing facts are submitted TO the pub-
l1c IN the coD hdent belief that theJ will be un-
derstood and appreciated.