Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-20

the owners OF Real Estate IN Louisiana,
Mississippi, Tennessee, Arkansas, Texas
,IsHECOMPANY KNOWN 10 THERUBLIC
Il as the " Mississippi Valley Navigation
Company of the Se-tn and West, Is organ
lied under . charter nom the state Of Lau-
tgieua. 3hts EcafteF authorizes = paplfaf
stocg of rive hundred thousand dollars, with
the priviege % ~extepslon 20 one million.
Tue pahlle may know the exaet object o.
the Company, the third article OF the charter
Is vfven entire as follows:
%The object OF this Company Is to com
stTuct or Otherwise TO procure and maintain
one or more or other vessels, to
run on and navigate the Mississippi river, or
its tributaries, for the purpose Of ca Tying
freight, mails and passengers % eanstruei
docks wharVes, buildings ana such other con-
stTuctions as may be feeessary 70 the bulid-
ing aud repairing Of vessels, and generally to
s4spare sten incidental powers and priv
tsge8 as are hereby CT may be conferred On
them fprtle pGgPoses aforesatds
The Ccmpahy pr8pose, under n provision
Of bis ehaTtef 70 eNastreet q inc 81 Low
ferent ports GA the Mississippi river and It's
tributaries. They VIII carry less steam,
make better time, land treight and paasen-
gers without rounding-to, and, by means OF
endless chains and elevators, receive grain Ia
bulk and dtschaFge 81 jt for silipGnent dt-
reeily ON board the vessellnteRded 70 receive
Il. instead Of tfs Afsse4lt mode pf putting 4
lFst pi snare, ihereby saving tinae, labor and
expense. The Boats win also be divided into
distinct com p~aFtmepts-sO, Il theE encounter
A44k ~ ANAN - NHNNNA AAEENA y az
hull, the boat VIII aot ne endangered They
viii also have cam plete apparatus for eXtin-
gushing fire by steam, and onGuctin water
over the vessel for domestic use; and Will be
Ia every respect safer, swifter, and better
adapted for carrying passengers and freight,
and at a cheaper rate than any boats now
navigating the MIssissippi river.
owing 10 the difhcutty of Obtaining cash
subscriptions 70 any enterprise. no matter
how great its merit, the Company haYed de-
terminated TO receive suhscriptions1n Landt0
the Capital stock. In dying 50, we have al
once q substantial BASIS; ~ as IL II very
reasonably expected that within a short time
lands viii considerably appreciate IN yalue
his plan viii afford us q source Of revenue
entirely seperate and distinct, and when
cannot, In the natural course OF things, BAL
TO make the stock a profitable Investment
Parties having land which produces tAem
little or nothing, but ON which they are pay
ing taxes, and which can1ot be SOFA AZ pres
eut. except 81 q great sacrfdce, ana perhaps
nofaf All. VIII. On reheetlOu. see this % Be ~
excellent aud Dnnspal plan for re9hzing OF
them, as the certificates Of slacA ~ . COM
banY can be mNch n ore Tsadiiy ohfposeo Of
sr1ar tAt9fe acres OF good land have already
I hear ofTered and subscribed.
Books OF subscription 20 the capihll stock 81
the ComnQny are now open at the iOfnce. III
Carondelet street. New Orleans.
Parties at q distance, desiring 70 subscribe
lands. must send 70 the local agens alb
] straet OF title, m0ft8a9e certificates evidencI
that the taEeS have heen paid, testimony o
rssnonalbie parties respecting the yilue Nth,
| land. price, md, in fact, all nfornlatfon ne
| cessary to give the Company a ss1isfactor,
4 idea OF the land offered
By order OF the Board Of Directors
CHAS. HENT0N, Seeretary.
.TsSWAYNE. President.
-