Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-12-06
NAVIGATOR COMPANY.
mississippi Valley Navigation
COMPANY
OF THE
SOUTH AND WEST,
No. Ils caroudeIet Street New Orleans.

Capital Stock, 100000
Shares (eaeh), -$100each
To the owners OF Real Estate in Louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
TVHE 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 q capita
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:
"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, Tor the purpose Of ca Tying
freight. mails and passengers 10 construct
docks wharves, buildings and such other con-
structions as may be necessary &c the build
Ing and repairing Of vessels, and generally 70
exercise sCch incidental powers an privi-
leges as are hereby or may be conferred on
them for the purposes Aforesaid.
The Company propose, under the provision
of this charter to construct a line of Low
PRESSURE STEAMBOATS, 10 run between the diff
ferent ports Oh the Mississippi river and It's
tributaries. They will carry less steam,
make better time, land freight and paSsen-
gers without rOunding-to, 7? 4, by means Of
endless chains and elevator leeeive grain in
bulk and discharge 1t lit for shipment) d.
reetly on board the vessel intended to receive
It, instead of the present mode of putting Il
first on shore. thereby saving time. labor and
expense. The Boats will also be divided into
distinct compartments, II they encounter
snags, or any accident should happen TO the
hull. the boat will 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 thar any boats now
n~aYtgating the Mississippi river.
Owing to the difficulty of obtaining cash
subscriptions TO any enterprise, no matter
how great its merit, he Company have de-
terminated to receive subscriptions in LRndtO
the Capital Stock. In doing sONwe have AT
once a substantial basis and ~ IL Is very
reasonably expected that within a short time
lands will considerably appreciate IN value
this plan viii afford US a source of revenue
entirely seperate and distinct, and when
added 10 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 pay
ing taxes, and which cannot be sold at pres
emf, except at a great sacrifice, and perhaps
not at all, will, on reflection. see this TO be an
excellent and unusual plan for realizing on
them, as the certificates Of stock Of a CON-
pany can be much II ore readily disposed Of
than lands.
been offered and subscribed
Books Of subscription 10 the capital stock o.
the COmpany are now open at The ONCE, is
C~arondelet street, New Orleans.
Parties ut q distance, desiring to subscribe
lands must send to the local agents alb
straet 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 ne
cessary to give the mpA a SATISFACTORY
idea Of the land offered
BY order of the Board OF Directors
CHAS. r. BENTON, Secretary.
T.SWAYNE, President.
-