Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-21
SOUTH AND WEST.
To the Owners of Real Estate in Ten
nessee, Mississippi, Alabama and Ar
kansas:

| THE COMPANY KNOWN TO THE PUB
| 4 lie as the " Mississippi Valley Navigation
| Company of the South and West, is cry an zee
| under charter from the State of louisiana
I MS charter authorizes a capital stock OF i've
/ hundred thousand dollars, with the priyflegs
/ OF extension to one million. That the puDlit
| may know the exact object OF the Company
the third article or the charter is given entire
| as follows:
"The Ooject Of this Company Is to construct
| or otnsrwis3 TO procure and maintain one OF
| more STEAMBOATS,, or other vessels u run on
and navigate the VI -Sslssippf river, or It's trlb-
i utaries, Ior the purpose of Carrying freiyh 1t
/ mails and passen gers; ; to construct oocks
wharves, Outidinks and such other cOnstrue.
| tlon5 as may be necessary 10 the building and
repairing OF vessels, and generally 70 exercise
| such incidental powers and privileges As are
| hereby or may be conferred on them for the
purposes Aforesaid.
The Com psny propose, under the provisions
/ OF this charter to construct line OF steamers
/ TO run between the diderent ports on toe n IS
slssippi river and its tributaries. They will be
| they wiz e4rly less steam they will make oct
| ter time, and De in all respects more safe than
any descEi iptlon OF boats ever placed upon eur
waters. Divided into distinct coul partments
II disaster, whether by fire or snag5, shall han
pen 70 cne, the boat IS not endangered IN
case OF nre, apparatus TOR turning steam upOa
1t viii De provided, and IL is demorstrassd that
steam is the LIST effective extinguisher of fire.
In case one com lpartment is troken through by
contact with snags, and fills with water the
others are not endangered, and the boat can
not sink as pumps, provided for such an emer-
passengers End freight is q great end worthy
Of the ST. uggle Of the people of the Mississippi
Valley.
Nearly three hundred thousand dollars in
money AMI worz has already been subscribe
to the capital stock or the Company. The Lon
ts1ana Leg stature has passed bili So describing
one hundred thousand dollars of stock to the
Company. An additional sum Of that amount
Will, without q doubt, be subscribed by the
same body. The Company have resolved to
take lands for stock, and thfs is the feature to
which they desire 10 call the attention OF own
ers OF real esta e. In the southern States on
account Of the disOrganized condition OF labor
lands are an 1ncUmhr2nce. Vast tracts that
yield no revenue TO the proprietors, pay ex0r-
bitant taxes, and thus cripple their only pro-
duetiye resources This Company propose to
take these lands at fair valu si1On and issue to
the owners their stock in lieu. II lands shall
enhance in value, so will the stock enhance in
value, and thus the land proprietor will carry
in his pocket the equivalent of his lands to be
eonves ted into money or property without de-
lay. The success OF lh.s great enterprise is be-
yond question. The stoekholder, in addition
to the benefit Of the enhanced value OF his
lands, viii be part owner OF a line Of boats
and be entitled to dividends in their earnings
PERSONS wishing 10 exchange lands for tne
stock Of the CON pSEy will SEND to the gent an
Mem phis descTi ptiOn OF fherp their DTOduc-
tive qualities. the timber, bottom or upland
whether overhoWed or not; II over flowed what
pERR tion how near 10 cOunty-tOWn, to rail-
r1Sef, d pot, river, and all facts necessary 10
aGoTd the Company satisfactory idea of the
land 1his may De done by certificates OF re-
liable, disin terested persons residing in the
neigkoOThOod. TIE present actual value OF
the land mEy be proved in the same manner.
The party Offering lands must state in his prop
OsitiOn tle lowest dgu' eS he viii take The
Company viii not give exoroitaSt prices. TIE
titles must De u1tncum bered By Judgments.
mortgages deeds OF q ust. tax titles or other
wise IhiS may be shown by official oerLid-
Gates Of ges, clerks, shsriffs or the opinions
Of respectable attorneys. This is believed TO
be the besL opportunity to dispose Of surplus
lands in the South and West thzG has yet been
or can be offered.
Many OF the best and wealtbiest citizens of
the South and West are warmly embarked in
the enterprise. The General HEADQUARTERS of
the Company are in New orleans, but agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers or commerce, Engineers, Mechan-
les practical navgaJors, and all classes of prae-
tical men.
The foregoing facts are submitted to the pub
lie in the coEtident belief that they viii be an-
deTstood and appreciated.