Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-20
Mississippi Valley Navigation
COMPANY
OF THE
No. "a ~ carondslet Street New Orleans.

To the owners of Real Estate in Louisiana
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
THE COMPANY KNOWN TO THE PUBLIC
i as the 81 Mississippi Valley Navigation
Company of the South and West" is organ
lied under a charter from the State of Lou.
tsiana. This charter authorizes s capital
stock OF nVe n 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:
THE object of this Company Is to con-
struct OF otherwise to procure and maintain
one or more steamboats, or other vessels, &C
run on and navigate the Mississippi river, OF
its tributaries, for the purpose OF carrying
freight, mails and passengers; 10 construct
docks wharVes, buildings and such other con
struct1ons as may he necessary to the build
Ing and repairing of vessels, and generally tC
exercise such incidental powers and priv
lages as are hereby or may be conferred or
them for the purposes aforesaid.
The company propose, Under the provision
OF this charter to construct a line Of Low
PRESSURE Steamboats, to run between the diff
tributaries. they will carry less steam
make better time, land freight and passen-
gers without rOunding-tO, and,b by means O
endless chains and elevators, receive grain In
bulk and discharge IL Qt for shipment) df
rectiy on board the vessel intended TO receive
IL, instead Of the present mode of putting II
first on shore, thereby saviHg time, labor and
expense. The Boats will also be divided into
distinct compartments-sO, If they encounter
EAA5Na VI duE dElAAtAL NlGuAu ldDDtn 10 tlt
hull, the boat will not be endangered. They
will also have complete apparRtu9 fog extin.
gushing IRE BY steam, and conducting water
over the vessel for aotnsstic use; and will be
in ever respect safer, swtfter, and better
adapted for carrying passengers and freight
ana at a cheaper rate than any boats now
navigating the Mississippi river.
owing to the difficulty Of obtaining cash
subscriptions to any enterprise, no IaatteF
how great its merit, the Company have de-
termined to receive subscriptions IN Land TO
the Capital stock. IN doing so, we have at
once substantial basis; and as 1t is very
reasonably expected that within a short time
lands VIII considerably appreciate in value,
this plan viii afford US q source Of revenue
entirely separate and distiBGt, and when
added 70 the expected earnings Of the boats
cannot, in the natural course of things, fail
TO Isake the stock a profitable Investment.
Parties having land which produces them
little pr nothing, but on Wh4sb they are pay
ing taxes, and which paItsAt he sold at pres
ent, except ~ . great sacrifice, and perhaps
NOS at AL viii on reflection, see this to be an
excellent and unusual plan for realizing on
them, as the certificates Of stock of a COM
pany can be much more readily disposed at
than lands.
Books Of subscription to the eapisal stock Of
the company are now open a. she office, pa.
C~arondelet street New orleans,
Parties st , distance, desiring to subscribe
laDds, nas5 send to the local agents alb
&tiact Of title, mortgage certificates, evidence
that the taxes have been paid, testimony Of
responsible parties respecting the value OF the
land, price, and, in fact, all Information ne
cessary to give the Company q satisfactory
idea Of the land offered.
By order a. the Board of directors.
aHsA GHAS. r. BENTON, Secretary.
j. I. SWAYNE, PRESIDENT,
books for the subscription of stock to the
ID above named Company are now open al
Their Office, No. y Jefferson Street,
Where all persons DESTROYS OF subscribing &c
the capital stock, in lands or money, are re-
guested to call.
A. =. WITHERSPOON, Agent.
Memphis, August 10, 1863. augl0