Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-05
THE MISSISSIPPI VALLEY
Navigation Company
or Thu
S OUT NJ YVES +
IO THE OWNERS OF REAL ESTATE ~
TENNESSEE, MISSISSIPPI. ALA
BAAIA AND ARKANSAS.

uNHETOAfPANY KNOWN To THE PUBLIC
4 as the Mississippi Valley Navigation
Company oil The South and West, is organ
lied under q charter from the STATE 81 Lou
iSiana. This charter authoriZes q capital
stock of Ave hundred thousand dollars Win
the privilege OF extension 70 one nlulon
Thai ihe public may know tie exact object o.
the Company, the third article Of the charter
is given entire rs follows;
The object Of this Company IS 10 con-
strict OF otherwise to prOcure and maintain
one or more steamboats, or other Fessets, r.
ran on and navigate the Mississippi river, q
IFS tributaries, for the purpose Of carrying
freight, mails and passengers; 70 construct
docks wharvess buildings and such olher con
stFuctiOns rs may be necessary 70 the eqlld-
ing and repairing of vessels. and generally 10
exercise such Incidental powers and prlVi-
legeS as are hereby or may be conferred on
them for the purposes Aforesaid
The company propose, under the provisions
of this charter 10 construct a line OF steam
ers TO run between the different ports on the
Mississippi river and It's tributaries. Ihey
will be constructed upon the luM-pfeSsulu
principle; they VIII carry less steaIni thsy
will make better time, u be in al feSpects
more safe than any description OF boats ever
placed upon our waters. Divided into as
tincf compartments If disaster, whether ~
fire or snags, shall happeu 80 one, the ooai l.
not endangered. In case OF IRE, apparatus
for turning steam upon 1t will be provided,
and IL IS demonstrated that steam j. the most
effective eZtinguisher OF nfes IN case one
commandment is broken through BY e0nIact
with SnagS, and fills Win water the otnefS
are not endangered; and the boat cannot SIRE,
rs DumpS. provided for such an emergency.
will be in instant operation. safety u pas'
sengers and freight is a great end worthy Of
the struggle OF the people Of the MISSISSIPPI
Nearly three hundred thousand dollars IN
money and work has already been SUBSCRIBED
TO tine capital stock OF the me
IOnisiana legislature has passed a bill sub
Escribing one hundred Thousand dollars o.
stock to the Company. An additional sam li
thar amount will, without doubt, be sub
scrfbed by the same body. The company
have resolved to take lands for stock, and
tins IS the feature TO which thy desire 70 est
the attention OF owners ofreal estate. IN the
southern States, on account Of the disorgan-
lied condition OF labor lands are an tncum-
bFapee. Nasttraets-1hat yield no revenue
the prOpTietOFs, pay exornitant taxes anu
thus cripple their only productive tesou5css
This Company propose 10 Jake these JANUS ~
a fair valuation and issue 20 ne u 3siSs
stock in lieu. Iflands shall enhance IN xsine
so will the stock enhance IN Natues aE1 ~
the land proprietor carry IN MS pOCASt -.
equivalent of his lands, 10 be e0nNerIed lhto
money or property without delay h sue
cess OF this great enterprise IS DeYoho 49,
ton. The s~tocBholders IN GaaIliQn -
benefit Of the enhanced Value OF MS lan9sg
will be part owner OF a line OF boats, ~
entitled to dividends in their eafpings
Persons wishing to exchange ianls iortns
stock of the Company VIII SEM
AT Memphis a description OF them, their pro-
duetive qualities, the timber Dotlom OF =
land; whether oyerhOWed or not uhef
lowed. what proportion how near 70
cOunty-town, to railroad, depot, rlVers and
all facts necessary 10 anOru the Compah9
qQffsfQcfnTE idea OIL tic AAAus Ia L-y
5ona Nv cartidcates o~fsFeliable. disinterested
nersons residing in the neighborhood. The
present actual value OF the lana May Dc
,roVed IN the same manner. me parry
6ferinE lands must state IN his prop
osftion fhe lowest figures he VIII take
me Company VIII not give exormtant prices
me titles must be uneneumbered ~ Jud9-
meuts. mortgages, deeds Of trust tax trieSf OF
0fherWise. This maj be shown by omclat
certificates Of judges, clerks, sherins OF me
opinions Of respectable attorneys, nsBp
neved to be the best opportunity % 0lsp9sSOs
surplus lands IN the south and MesttnathAs
vet been or can be offered
Many of the best and wealthtest etlzsnS ~
the south and West are warmly emDafke11n
the enterprise. n General HeaoenAttelsS4
the Company are in New orleans p1k
cies exist in all the principal elles. 1aee
teFpriSe has been endOrSe4 p4 Cu4V
Chambers Of Commerce, Englneefss Aeclsn
les, practical navigat0rs, ana All CLASSES OF
practical men.
The foreg0ing facts are Submitted 70 me
public in the confident 0enet tnat lhey va
j. Y. Rocket,
uvB Agent at Memphis,