Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-26
TRE MISSISSIPPI VALLEY
NAVIGATION COMPANY
Or THE
S OU n AND IVES T.
THg MISSISSIPPI VALLEY
SOUTH AND WEST.
To the Owners of Real Estate In Ten
nessee, Mississippi. Alabama and Ar.
kansas:

/ THE COMPANY KNOWN TO THE PUB
| 4 he a. the Mississippi Valley Navigation
/ Company OF the South ana West" is 0rgsnizsd
under charter from the State OF louisiana.
/ 7 his charter authorizes a capital stock OF i've
/ hundred taousand dollars, with the privilege
/ Of extension to one million. That ths pubic
may know the exact object of the Com pany,
the third article OF the charter is given entire,
/ as follows;
"Tha object Of this Company Is to construct
/ or otherwlss TO procure and maintain one or
more sLeaLnbOaCs or other vessels. to run on
and navigate the Mississippi river, or its tr1b-
uLarles, lor the purpose OF carrying freight,
/ mails ana passengers; to construct cocks
Wnarves, buildings and such Other cOnEtruc-
| t1Ons as may be necessary 10 the building and
repairing OF vessels, aud generally TO exercise
such incidental uoWers and privileges Rs are
hereby or na2y bs- conferred on them for the
The Com pany propose, under ths provisions
/ ar ihls eharter TO construct line Of steamers
| 10 run hetWesn the different ports on tle Ms
SlSslQpl river and It's tributaries. They will be
constructed upon the low pressure principle :
they viii cSrry less steam they viii make Bet
| Ter time, and be n all respects more safe than
any description CT boats ever placed upon our
waters. Divided into distinct con upartro en- 4.
Il disaster, whether by nrs or snags, shall hap
pen 70 enc The boat Is not endangered. IN
case OF IRE, apparatus for turning gtsam upOn
IL will be provided, and il is demonstrated that
steam Is the most eiie give eXtinguisher of fire.
In case one Impairment Is broken through by
contact w1tA snags, and dis with water the
athers are not endangered, and the boat can
not SINK as pumps, provided for such an emer-
gencY, viii be in instant operation. SAFETY to
passengers and freight is q great end. worthy
Of the struggle of the people Of the Mississippi
Valley.
Nearly three hundred thousand dollars in
money an WORE mas alreEdy been subscribed
20 the capital stock OF the Company, The Lou
1siana Log stature has passed bill subscribing
one hundred thousand dollars of stock to the
Company, IN additional sum of that amount
Wltl Without doubt, be subscribed by the
same pOoY. Ihe Company have resolved to
take lands for stock, ana this fa the feature 10
Wh1cn they desire TO call the attention OF own
ers OF real esta, a,e. In the Southern States, on
account OF the d1sorganized condition OF labor,
lands are an tneumhrGnce. Vast tracts that
ylelo no revenue 70 the proprtetOrE, pay exor-
Ditant ta-e=, aad thus cripple their only pro
d,tceiye resources. This Company propose to
take these lands at fair valuation and issue to
the owners their stock in lieu. II lands shall
en hance il value, so viii the Stock enhancR in
value, and thus the land proprietor viii carry
IN MS pocket The equivalent of his lands to be
converted into money or property without de-
lay. Ihe success or this great enterprise is be-
yOnd question. The stocknolder, in addition
20 the benefit Of the enhanced value OF his
lands, wiz be part owner OF a line OF bOats
and be entitled TO dividends in their earn rgE'
PERSONS wishing to exchange lands for the
stock Of the Company will send to the Agent al
Memphis description Of them, their produc-
tive qualities. the timber, bottom or upland
whether OverdOWed or I4Ob3 II overfoved wns1
propo. ton now near to county town, to rail
road, cspot, river, and all facts necessary 10
AuAf0 tle Company a satisfactory idea of the
land. This may be done by certificates of re-
haASeS nterested persons residing in the
neietNorhood. The present actual value OF
the land may be proved in the same manner
The party Offering lands must state in his prom
os1tion tue lowest figures he viii take The
company VIII not give exOFbitaEt prices. The
TILES must oe unGncpm bered By judgments,
mortgages, deeds OF trust, tax titles. or other
Wise Ah1s may be shown BY official certif-
Gates OF 1uc ges, clerks. sheri6s, or The opinions
Of respectable attorneys. Tnls is believed to
be the host opportunity to dispose of surplus
lanes IN the south and West that has yet been
or can be offered,
Many Of the best and wealthtest citizens OF
hsa 49, and gTnuf
the enterprise. The General -ieadquartars Of
the Company are in New Orleans, hut agencies
exist Ia all the principal cities. The enter
prise has been endorsed hv UnIerwriterg
chambers or Commerce, Engineers. Mechan-
les practical navigaBors and all classes OF prac-
teal men.
Tbs foregoing facts are submitted 70 the pub
lie in the confident belief that they VIII be an
dsrstOod and appreciated.