Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-02
able on delivery.
RATES OF ADVERTTSTNG-
Mississippi Valley Navigation
THE
SOUTH AND E
No. HS Carondelet Street New Orleans.


Capital Stock, sl,OO0,O O(
Shares (each), 800 each
To the owners OF Real Estate in Louisiana
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
TNHE COMPANY KNOWN To THE PUBLIC
i as the Mississippi Valley Navigation
Company Of the south and West" is organ
lied under n charter from the state Of Lou
isiana. This charter authorizes a capita
stock of five huEdred thou1and dollars, with
the privilege of extension 10 one million.
That the public maj 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 or OtherW lSe 70 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 wharves, buildings and such other con-
structtOns as may be necessary to the build
ing and repairing of vessels, and generally to
exercise such incidental powers and privi-
leges as are hereby or may be conferred on
them for the purposes aforesaid.
The Company propose, underline provision
OF this charter to construct n line of Low
PRESSURE Steamboats, to run between the diff
ferent ports o. the Mississippi river and its
make better time, Ian freight and passen-
gers without rOunding-tO. and, by means OF
endless chains and elevators, receive grain in
bulk and discharge 10 Ut for shtpmentl di-
rectly on board the vessel Intended to receive
il, instead OF the present mode OF putting il
first on shore. thereby saving time, labor and
expense. The Boat will also be divided into
distinct cOmpartments-sO, If they encounter
snags, or any accident should happen 70 the
hull, the boat viii not be endangered. They
will also have complete apparatus for extin-
gushing FIRE 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 rlveT.
Owing 70 the difficulty Of obtaining cash
subscriptions to any enterprise, no matter
how great its merit, the Company nave de-
terminated to receive subecriDtion in Landto
the Capital stock. In doing so, we have at
once a substantial basis; and as &c is very
reasonably expected that within q short time
and Will considerably appreciate in value
this plan VIII afford Us a Ource of revenue
entirely Seperate and distinct, and when
added 20 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 or nothing, but on which they are paw
ing taxes and which cannot be sold at preg-
ent, except at q great sacrifice, and perhaps
not at all, viii, on reflection. see This to be an
excellent apd unusual plan for realizing on
them, as the certificates Of stock of a com
pany can be much II ore readily disposed OF
than lands,
been offered and subscribed.
Books Of subscription TO the capital stock Of
the COmpany are now open at the Office, lis
Carondelet street, New Orleans.
Parties at q distance, desiring to subscribe
lands. must send to the local agents alb
stract Of title, mortgage certificates, evidence
that the taxes have been paid, testimony OF
responsible parties respecting the value ofthe
land, price, and in fact, all Information ne
cessaFy to give the Company a satisfactory
idea OF the land offered.
BY order Of the Board of Directors
CHAS. K BENTON, Secretary.
1T SWAXNE praafAanf