Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-24
To the 0wners Of Real Estate Ia Ten
nessee. mlssissippE. Alabama and Ar



The COMPANY KNOWN TO THE PUB
II lie a. the " Mississippi Valley Navigation
Company of the south snd West, (" is organized
under q charter from the State OF LOuisiana.
This charter authorizes a capital stock OF nTe
OF extension to one million. That the pubic
may Know the exact ob1eet OF the Company,
the third article OF the charter II given entire,
The object Of this Company Is to construct
or otherwise TO procure and maintain one or
more steamboats,, OF other vessels, 70 run on
and navigate the Mississippi river or its trto-
utaries, Tor the purpose Of CarryiDg freight,
mails and passengers; to construct DOCKS,
Wnarges, buildings and sach other eonStfac
tions as may be necessary 70 the building and
of vessels, and generally 70 exercise
such incidental power and privileges as are
hereby or may De conferred on them for tins
The Com pany propose, under tbs provisions
OF this charter 70 construct a line Of steamers
to run between the different ports on the MS
sIssippi river and its tributaries. 1hey viii be
constructed upon the low-pressurep principle
they viii carry less steam they Will make BET
any description Of boats ever placed upon eur
waters. Divided into distinct com partments,
II disaster, wheGher by IRE or snags, shall hap
pen to enc, the boat is not endangered. In
case OF fire, apparatus Tor turning steam upon
it will be provided, and it Is demonstrated that
steam is the mcst effs Give exanguisher of IRE.
In case one CON partment IL nr0ken through by
contact with snags, and nils with water, the
others are not endangered, and the boat can
not sink. as Jumps, provided for such an emef-
gency, viii Oe in Instant operation Safety to
passengers 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 the capital stock OF the Company. The Lou
isiana Legislature has passed a bill subscribing
one hundred thousand 1rs Of stOcK to the
Company. Ar 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 this is the feature to
which Jh=y desire TO cali the attention OF W
ers OF real esta e. In the southern States, on
account OF the disoTgan1Zedc condition OF labor,
lands are an incumbranee Vast tracts that
yield no revenue to the proprietOrs, pay exDr-
bitant taxes, and thus cripple their only pro-
ducttVe resources. Ih1s Com pany propose TO
take these lands at q fair valu E1On and issue TO
the owners their stock in lieu II lands shall
enhance in value, so will the stock enhance In
value, a thus the land proprietor will carry
converted Into money or property without de-
lay. The saccess OF this great enterprise is be-
yOnd question. The stakeholder, m addition
10 the benefit Of tbs enhanced value OF his
lands, viii be part owner OF a line OF boats,
and be entitled 10 DIVIDENDS in their earnings.
Persons wishing 10 exchange lands for the
stock OF Lhs Company will SEND to the Agentat
Memphis a description OF them, their produe-
tive qualities. the timber, bottom or upland ;
whether overlooked or not; If oveThowsd, what
propOI JiOn how near TO coOniy-tOWn, % rail-
road, depot, river, and all facts necessary to
afford the Company a satisfactory idea of the
land. This may be done by certificates of re-
liable, disinJereSted persons residing in the
neighborhoOd. The present actual value of
the land may be proved in the same manner.
The party Offering lands must stated in his prop
ositiOn tue lowest ngules he viii take. The
Company viii not give exOrbitaEt prices. The
titles must De untncumbered by Judgments.
mortgages. deeds OF trust. tax titles, or other
wise. Ibis may be shown by Official Certin-
Gates or tuC ges. clerks, sherifIs, or Lhs opinions
OF respectable attorneys. This is believed 10
be the best opportunity to dispose Of surplus
lands in the south and West that has yet been
or can be offered.
Many of the best and wealthisst citizens OF
the South and West are warmly embarked IN
the enterprise. The General Headquarters of
the Company are in New orleans, bat agencies
exist IN all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers OF Commerce, Engineers. Mechan-
les, practical navigators, and all classes OF prae-
teal men.
The foregoing facts are submitted to the pub
lie Ia the confident belief that they VIII be IN
derstood and appreciated.