Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-27

To the owners OF Real Estate In louisiana
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
TNHE COMPANY KNOWN TO THE PUBLIC
i as the Mississippi Valley Navigation
Company of the south and West" Is organ
lied under a charter nom the State OF Lou
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 eOmpany, the third article OF The enarter
Is given entire as follows:
1.-THE object OF this Company Is to con-
struct or otherwise 20 procure and maintain
one or more steamboats, or other vessels, 10
run on and navigate the Mississippi river, or
its tributaries, for the purpose OF carrying
docks vharyes. buildings and such other con-
struetiOns as may be necessary TO the build
ing and repairing Of vessels, and generally 20
exercise such incidental powers and prfVi-
Ieges 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, 70 run between the DIFF
ferent ports Oh the Mississippi river and Its
tributaries. They will carry less steam.
gers Without rounding-to, and. by means o.
endless chains and elevators, receive grain In
bulk and diseharge II ut for shipmentl d.
It, instead OF the present mode Of putting Il
rrst on shore. thereby saving time, labor and
expense. The Boats VIII also oe divided INTO
distinct compartments-ao, Il they encounter
snags, or any accident should happen 70 the
hull the boat win not be endangered. They
will also have complete apparatus for exttn-
gushing fire by steam, and conducting water
over the vessel for domestic use; and VIII ba
In every respect safer, swifter, and better
adapted for carrying passengers and freight
and at q cheaper rate than any boats now
navigating the Mississippi river.
Owing 70 the difficulty OF obtaining cash
subscriptions to any enterprise, no matter
how great its merit, the Company have de-
terminated 20 receive subscrt tptions in Landfo
the Capital stock. In doing 50, we have &C
once a substantial basis; and as IL Is very
reasonably expected that within a short time
lands will considerably appreciate in value
this plan will AFFORD US source of revenue
entirely seperate and distinct, and wnsn
added to the expected earnings OF the ooatS
cannot, in the natural course of things, fail
to make the stock a profitable Investment.
Parties having land which proouces sneIiA
little OF nothing, but on when tney are are p1 my
ing taxes and which cannot be sOIo at pre7-
emit except at a great sacrifice ana perhaps
not at all, will, ON reflection see tnls " oe ~
excellent and unusual plan Tor reaLl1lhg on
them as the certificates OF stocA ol . c2A. "a = !,
pany can be much more FeSohS uSP0soU VI
49, ~ srsscrfption to the capital stock OF
the C'ompany are now open Al the ONCE ~
Carondelet street, New Orleans
f5a-ris- At a distance, desiring TO subscribe
ta,,sls must send to the local agents ab-
s9,-.,.f' ~ title mortgage certificates, evidence
fbaf me taxes have been paid, testimony OF
isn5 Drice and, In fact, all Information me-
-essary TO give the Company satisfactory
fde, III the land offered.
Nv order Of the Board Of Directors.
angI4 CHAS. r. BENTON, Secretary