Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-20
TO THE OWNERS or REAL ESTATE IL
TENNESSEE, MISSISSIPPI, ALA
nRaFK ANn ~ &C.

TENNESSEE, MISSISSIPPI, ALA
BANIA AND ARKANSAS:
THE COMPANY KNOWN TO THE PUBLIC
Il as the Mississippi Valley Navigation
Company of the South and West is organ
lied undo a charter from the State of Lou
isiana. This charter authorizes a capital
stock of five 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:
EThe object OF this Company IS to con-
stFuct or otherwise to procure and maintain
one or more steamboats, or other vessels. TO
run on and navigate the Mississippi river, or
its tributaries, Tor the purpose of carrying
freight, mails and passengers; to construct
docks wharyes, buildings and snch other con-
structinns as may be necessary 10 the build
ing and repairing Of vessels, and generally to
exercise such Incidental powers and priVi-
leges as are hereby or may he conferred ON
them for the purposes Aforesaid,
The Company propose under the provisions
OF this charter TO construct q line OF steam
ers to run between the different ports on the
Mississippi river and its tributaries. They
will be Constructed upon the lOw-pressure
principle; they will carry less steam; they
Will make better time, and be in all respects
more safe than any description Of boats ever
placed upon our WateTst divided into dis
tinct compartments, II disaster, whether BY
IRE or snags, shall happen to one, the boat is
not endangered. In case of hre, apparatus
for turning steam upon IL Will be provided,
and II is demonstrated that steam isthe most
effective extinguisher of fire. In case enc
compartment is brOk through by contact
with snags, and fills with water, the others
are not endangered, and the boat cannOts sink,
as pumps, provided for such an emergency,
viii be in instant operation. Safety to pas
sengers and freight IS a great end, worthy OF
the struggle of the people of the Mississippi
Nearly three hundred thousand dollars In
money and work has already been subscribed
to the capital stock of the COMPANY, The
Louisiana Legislature has nRssed a bill sub
seribing one hundred thousand dollars OF
stock TO the Company. An additional sum OF
that naaNfnF tpfNN urffhnfTt q damn ha CFgh-
scribed by the same body. The Company
have resolved to take lands for stock, and
this is the feature 10 which they desire 70 cali
the attention Of owners OF real estate. In the
Outhe States, on account of the disOrgan-
iZed condition of labor, lands are an incaIn-
brance. Vast tracts that yield Ia revenue TO
the prOprietOrs, pay eIQTBttant taxes, and
thus cripple their only productive resources.
This Company propose 10 take these lands al
| q fair valuation and issue TO the owners their
stock In lieu. Iflands shall enhance in value,
| so will the stock enhance in value, and thus
! the land proprietor carry In his pQGRet the
equivalent OF his lands, 10 be cQnNerted into
money or property without delay. The sue
| cess OF this great enterprise is beyond queS-
ton. The stakeholder, in addition TO the
benefit OF the enhanced value of his lands,
will be 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 10 tho AGehi
at MenARis a description of them, their pro
| ductiv ~talities, She timber, bottom or APP
land; Whetiier pyerilowed or not; II over
1 hN I'LL MAtfAN LAttHA y . - LANA -
/ o0unty-tOWn, 10 railroad, depot, river; and
| all facts necessary to afford the Company q
1 satisfactory idea OF the land. This may be
/ done by certificates of reliable, disinterested
| persons residing In the neighbOrltOOd. The
present actual value of the land may bt
proved in the same manner. Tho parts
| offering lands must state in his prop
osition the lowest figures he viii take
The Company viii moi give eyorhiteRt prices.
The titles mast be aforementioned by ludg-
/ meats, mortgages, deeds of trust, tax titles, OF
| otherwise. This may be shown by official
| certificates OF judges, clerks, sheTitfs, OF the
/ opinions of respectable attorneys. This is be-
| lieyed To be the best opportunity to dispose Ol
/ surplus lands in the south and West that has
| vet been or can be offered.
Many of the best and wealthieSt citizens oi
/ the South and West are warmly embarked In
the enterprise. The General Headquarters a
the Company ar7 Ia Sew Orleans, but agen'
| cieS exist il all the principal cities. The en-
4 terpTise has been endorsed by Underwriters
| Chambers OF Commerce, Engineers, Mechan'
ics, practical nayigators, and all classes q
practical men.
The foregoing facts ara submitted To tia
public in the confident belief that they vii
be understood and appreciated.
+. y. Rocket,
my "a Agent ut Memphis.