Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-12-03
NAVIGATOR COMPANY.
Mississippi Valley Navigation
COMPANY
OF THE
SOUTH AND WEST,
Ne. il8 CaroldeIet Street New Orleans.


Capital Stock, 81, ZOO, 900
Shares (each), -Sl00each
To the owners Of Real Estate in Louisiana.
Mississippi Tennessee, Arkansas, Texas
and Alabama:
TvHE COMPANY KNOWN TO THE PUBLIC
i 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 a capital
stock Of i've 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 rs follows;
"Ths object of this Company is TO con-
struct or otherwise TO procure and maintain
one OF more steamboats, or other vessels, to
run on and navigate the Mississippi river, or
It's tributaries, ior the purpose OF ca rytng
freight, mails and passengers; to construct
docks Wharves, buildings and such other con-
structions 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 under the provision
Of this charter to construct a line of Low
PRESSURE Steamboats, to run between the diff.
ferent ports o. the Mississippi river and its
tributaries. They will carry less steam.
make better time, land freight and passen-
gers without roundiDg-to, ana, by means OF
endless chains and elevators, receive grain In
bulk and discharge it Dit for sbipmentl dt-
rectly on board the vessel intended 10 receive
it, instead OF the present mods OF putting II
first on shore. thereby saving time. labor and
expense. The Boats will also be divided into
distinct eOmpar nj il they encounter
snags, or n accident should happen TO the
hall, the boat viii not be endangered. They
Will also ave complete apparatus for eNtin-
gushing fire by steam, and conducting water
OvepaAe vessel for domestic use: and will De
in respect safer, swifter, and better
adapeR for carrying passengers and freight,
and ct a cheaper rate than any boats now
navigating the Mississippi river.
Owing 70 the difficulty Of obtaining cash
subscriptions TO ely enterprise, no matter
how great lts merll, the Company have de-
terminated 70 receive uhseriptiunsi In LandtO
the Capital stock. In doing so. We have at
once a substantial basis; and as It is very
reasonably expected that within a short time
this plan VIII afcra Us source Of revenue
entirely ssperate and distinct, and when
added TO the expected earDings OF the boats.
cannot, in the natural course Of things, fail
to make the stoak n 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
ent, except NJ q great sacrifice, and perhaps
not ct all, Will, on reflection. see this 10 be an
excellent and unusual plan for realizing on
them, as the certificates OF stock Of a COM
nany can be much Y ore readily disposed OF
than lands.
over lA,GO acres OF good land have already
been offered ana sunSCflDed
Books OF subscription 70 the capital STOCK OF
the Company are now open al the Office, us
Carondslet street. New Orleans.
Parties at a distance, desiring 10 subscribe
lands must send to the local agents alb
stract OF title. mortgage certificates, evidence
hat the taxes have been paid, testimony Of
responsible parties respecting the value OF the
land, price, and, in fact, all ne
cesssry 10 give the Company a satisfactory
idea Of tho land offered.
BY order OF the Board Of Directors.
CHAS- X. BENTON, Secretary.
j. I. SWAYNE. President.