Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-15
10 the Owners of Real Estate ia Ten
Hessee, aEssissipps, Alabama and Ar
KANSAS:


EHE COMPANY KNOWN TO II PUB.
4 Tic - ths " Mississippi Valley Navigation
Company Of the South and West" is organized
under u charter from the State OF Louisiana.
This charter authorizes a capital stock of five
aundred thousand dollars, with the privileges
Of extension TO one million. That the puoIic
NAY know the eZact object OF the Company,
the tnlr4 article OF the charter is given entire,
as follows:
"Tne object OF this Company is 70 construct
or otherwise % procure and maintain one or
more STEAMBOATS,, or other vessels, to run on
and navigate The Mississippi river, or its trib-
nJarIes, iCr the pprpose OF arrytDg freight,
mails and passengers to Construct cocks
wn&rTes, buildings and such other construc-
nonS as nay Do necessary 10 the building and
repairing OF vessels, and generally TO exercise
such Incidental powers and privileges as are
hereby OF may b conferred on them for the
The Company propose, under the provisions
or ms charter 10 construct a line CT steamers
10 run between the different ports on tae MS
slssippi river and its tributaries. 1hey will be
constructed upon the low pressure principle:
they viii clrry less steam they VIII make bet
Ter Jlmef &nd De IN all respects more safe Than
any description o. boats ever placed upon cur
waters. Divided into distinct CON partEnenLs,
If disaster, WhsJhsr by FIRE or snags, shall hap
pen 10 enc, the boat Is moi endangered. In
case OF hre. apparatus for turning steam upon
IL VIII 10 PROVIDED, and II ID demonstrated that
steam Is the mgst effective exLinguisher of fire.
In case one cOInpartment Is Uroken through by
contact with sn9gs, and nlls with water, the
others are not endangered. and the boat can
ADt sl1As ds pumps. provided TOR such an emer-
sency, Will O5 IN Instant operation. Safety to
p8Ssengers snd freight 10 a great end, worthy
OF the Struggle Of the people Of the Mississippi
Valley.
Nearly three hundred thousand dollars IN
money ami WOrk hos ARE dy been subscribed
to the capital sock OK The Company. The Lou
isiana Leg Stature has passed a bill subscribing
one hundred Thousand doll rs of stock to the
Company. An additional sum of that amount
Will, Without a doubt, be subscribed by the
same body. The Company have received to
lake lanos for stock, mud this Is the feature to
which tbty desire 10 call the attention of own
ers of real esta G. In the southern States, Oh
account OF the disorganised condition of labor,
lands ars an incumbrance. Vast tracts that
Yield no revenue 70 tBe pr0prietors, pay exor-
bitant taxes, and thus cripple their only pro-
ducIve resources. This Company propose TO
take these lands az q fair Valu SLion andissueto |
the owners their stock in lieu. II lands shall
enhance in value, SC viii the stock enhance Ia
Y2ine, and thus the land proprietor will curry
in his pccEe5 tbs equivalent of his lands, 70 be !
convert ted into money Or property without de- |
lay. Tn5 success OF this great enterprise il be-
Yond question. The stakeholder, in addition |
10 the benefit OF the enhances value OF his
Will ce 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 viii send TO the Agentat
Ais a description Of them, their prOduc-
qualities. the timber, bottom or upland
overlooked or not; II over Flowed, what
propot ton how nser@to Connty-tOWn, to rail
road, depot, river, and all facts necessary 10
31ord the Company a satisfactory idea OF the
land. Ihls may be done by certificates OF re-
Jan e. dlstDtercste1 persons residing in the
1e.ghbOrhOOd. The present actual value o.
.he land mey be proved in the same manner.
rhe party Offering lands must state in his prop
isit1on the lowest ngufes he viii take. The
ANY Will not give exorbitast prices. The
itles must be uutncuInbered by Judgments,
mortgages. deeds OF trust. tax titles, or other.
wise. This may be shown by official certid-
.Ates OF JuSges. clerks, shsHifs, or the opinions
# respectable attorneys. This is believed Id
Ie The best opportunity 20 dispose of surplus
ands in the Sou.h and West that has yet been
" can bs offered.
Msny of the best and wealthiest citizens of
he South and West arc warmly embarked 10
be enterprise, The General HEADQUARTERS of
he ompany are In New orleans, but agencies
Xist IN all the principal cities. The enter
rise has been endorsed by Underwriters.
.hAinbers OF commerce, Engineers, Mechan-
y, practical navigaDOIs, and all classes of prac-
men.
The foregoing facts are submitted TO The pub.
g ia the confident belief that they will be- IN.
erstood and appreciated.
+. 7. R0CHErr. {
myl3 A%e1t az Memphis.