Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-05
NAVIGATION COMPANY
s SOUTH AND WEST.
nessee, Mississippi. b and Ar

TO the Owners or Real Estate in Ten
Hessee, Mississippi. and Ar
kansas:
THE COMPANY KNOWN TO THE PUB
4 lie a. the 4" Mississippi Valley NavfgRtion
company Of the South anu West, Is organized
under a enaIter from The State OF Louisiana.
This charter authorizes a capital stock OF i've
nundred thousand doIlars, with he privilege
OF extension 70 one million. That the publfa
may know the exact object OF Jhs Company.
the 5hlrd article OF the charter Is given entire,
The object OF this Company Is to construct
or otherwise To procure and maintain one or
more steamboats,, or other vessels, - run on
and navigate the Mississippi river, or its trf0-
utarles, Tor the purpose Of carrying freight,
mails and passengers to construct docks,
wharyes, buildings and such other eonstruc-
ions as may De necessary 70 the building and
repairing OF vessels, and generally 70 exercise
such Incidental powers and privileges as are
purposes Aforesaid "
The Company propose, under tbs provisions
or Lhts charter 70 construct a line OF steamers
to run between the diderens ports on the Ms
slss1ppi river and its tributaries. They will be
constructed upon the Iow-pressure principl6=
they viii carry less steam they viii make set-
ter time, and De in all respect Is more a han
any description Of boats ever placed IDOL eur
waters. Divided into distinct CON parLments,
II disaster, whether by IRE or suag5, snail hap
pen to enc, the bOst Is nos endangered. In
case or IRE, apparatus fOr turning steam upon
il viii be provided, and Il is demonstrated hat
steam is the INST efE~c.iVe extinRuisher OF IRE.
In case one compartment Is trOken through BY
contact with snags, and Nils with water, the
etners are not endangered. and the boat can
not sink, as pumps. provided for auch an amsr-
gency, VIII be IN Instant operation. Safety 10
passengers and Irsignt Is a great end, worthy
Of me struggle Of the people OF me Mississippi
Valley.
Nearly three hundred thousand dollars In
money and Work mas already been subscribed
10 the capital stock or the Company The Lou
tsiana Leg stature has passed a bill subscribing
one hundred Thousand dollars OF stock to The
LOmDanT. An additional gum Of that mount
VIII. without a Doubt BE- subscribed by the
same body The Company have resolved TO
take lands for stock, and In1s Is the feature to
which they desire 20 call the attention OF own
ers Of real estate. Inthe Southern States, On
account OF the dlsoTgan1zed condition OF laD9r,
lands are an ineam0rance. East tracts that
yield no revenue TO the prOprietOrs, pay exor-
bnant taxes, and thus cripple their only pro-
duct1ve resources. This Company propose to
take these lands at a fair vaiE sifOn and issue TO
the owners their stock in lieu. II lands shall
enhance in value, so VIII the stock ennauEs in
value, and thus the land proprietor viii carry
in his pocket the equivalent of his lands. to be
converted into money or property without de-
lay. The success OF this great enterprise Is be-
yOnd question. The stakeholder, in addition
10 the benefit Of the enhanced value OF hts
lands, viii ee part owner Of a line OF boats,
and be entitled to dividends In their earning
Persons Wishing TO exchange lands for the
stock OF the Company viii seEa 70 the AgentaE
Memphis a description of hem, their prOdue-
tive Qualities the timber, bottom or upland
whether overlooked or not; If overlooked, wHaE
proportion how near 10 cOuuty-tOWn, to rail-
road, depot. river, and all facts necessary TO
AFFORD the Company a satisfactory idea Of the
land. This may be done By certificates OF re-
liable, disintereste1 persons residing in the
nei~ghDOrhOOd- The present actual value OF
the land msy be- proved in the same manner.
The party Offering lands must state in his prop
Os1t1On the lowest ngu5 es he viii take. b
Company will not give exOrOitaEt prices. Tbs
titles must be uDencumbered by Judgments,
mortgages. deeds or trust. tax titles. or other
wise 1his may be shown by official eertld-
Gates Of JUDGES. clerks, sher1ns, or the opinions
of respectable attorneys. This is believed to
be the best opportunity to dispose of surplus
lands in the South and West that has yet been
or can be offered.
Many of the best and wealthiest eitizsns OF
the South and West are warmly embarked In
the enterprise. The General Headquarters OF
the Company are in New orleans, bat agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers OF commerce, Engineers. Mechan-
les, practical navigators, and all Glasses Of prac-
teal men.
The foregoing facts are submitted to the pub
lie in the eODhdeSAbenef that they viii be un-
deTstoOd and appreciated.