Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-25
COMMISSION MERCHANTS.
Mississippi Valley Navigation
COMPANY
OF THE
U AND WEST,
Ne. ia earOndeIst Street New Orleans.

Shares (eaeh), 800 each
To the owners OF Real Estate in Louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
THE COMPANY KNOWN To THE PUBLIC
Il as the Mississippi Valley Navigation
Company of the South and West, :" is organ
lied under 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:
1.-THE object of this Company Is to con-
struct or otherwise to procure and maintain
one or more steamboats, or other vessels, TO
run on and navigate the Mississippi river, or
its tributaries, for the purpose of ca rying
freight, mails and passengers; to construct
docks wharyes, buildings and such other con-
struetiODs as may be necessary to the build
exercise such Incidental pOwer and prlvf-
leges as are hereby or may be conferred on
them for the purposes Aforesaid.
!. The Company propose, ander the provision
of this charter to construct q line OF Low
PRESSURE Steamboats, To run between the diff
ferent ports o. the Mississippi river and its
make better time, land freight and passen-
gers without rounding-tc, and, by means OF
endless chains and elevators, receive grain In
rectly on board the vessel intended 10 receive
Il, instead of the present mode Of putting Il
first on shore. thereby saving time. labor and
G4RNA1L la D14AN " IL AAN1 bL AZ AAGA AAkO
distinct eompartments-so, II they encounter
snaEz, or any accident shOuid happen to the
null, the boat Will not be endangered. They
viii Also have complete apparatus for extin-
gushing hre by steam, and conducting water
over the vessel for domestic use; and will 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.
Owing 70 the difficulty of obtaining cash
subscriptions to any enterprise, 10 matter
how great its merit, the Company have de-
Terminated to receive subscriptions IN Landto
the Capital Stock. In doing 80, we hav At
once a substantial basis; am as II is very
reasonably expected that within q short time
lands viii considerably appreciate In value
this plan VIII anord Us a sOurce Of revenue
entirely seperate and distinct, and when
added to the expected earnings of the boats,
cannot, in the natural course of things, fail
to make the stock a profitable Investment.
Parties having land which produces them
little OF nothing, but on which they are pay
ing taxes, and which cannot be sold at pres
not at all, viii, on reflection. see this to be an
excellent and unusual plan for realizing on
them, as the certificates of stock Of q CON-
pany can be much n pre- readily disposed OF
than lands.
Over I6, 900 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 ONCE, lis
Carondelet street, New Orleans.
Parties at a distance, desiring to subscribe
lands, must send to the local agents abb
stract Of title, mortgage certificates, evidence
hat the taxes g been paid, testimony Of
responsible parties respecting the value Of the
land, price, and, in fact, all ne
cessary to give the Company a satisfactory
idea OF the land offered.
By order OF the Board OF Directors
CHAS. R. BENTON, Secretary.
-. T.SWAYNE. President.