Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-03

To the owners Of Real Estate in Louisiana.
Mississippi Tennessee, Arkansas, Texas
and Alabama:
TyHEC COMPANY KNOWN To THE PUBLIC
i as the " Mississippi Valley Navigation
Company of the South and West" is organ
lied under a charter from the state of Lou
stock Of i've hundred thousand dollars. with
the privilege of extension 10 one million.
That the public may know the exact object OF
me ompeny the third article OF the charter
The object Of this Company IS to con-
struct or otherwise 10 procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river. or
its tributaries, for the purpose Of carving
freight, mails and passengers; 60 construed
docks WharVes, buildings and saeh other ron
struCtinDs as may be necessary to the build
ing and repairing OF vessels, and generally to
exercise such Incidental powers and Driyi-
them for the purposes aforesaid.
The Company propose, under the provision
of this charter TO construct a line of Low
PRESSURE Steamboats, 10 run between the diff
ferent ports on the Mississippi river and its
tributaries. They Will carry less steam,
make better time, land freight and pasSen-
gers without rOundtng-to, and, by means o.
endless chains and elev&ors, receive grain in
bulk and discharge 10 it for shipment di-
rectly on board the vessel Intended 10 receive
il, Instead Of the present mode OF putting IL
first on shore, thereby saving time. labor and
expense. The Boats viii also be divided into
distinct cOmpartments-sO, II they encounter
snags, or any accident should happen to the
hull. the boat will not be endangered. They
will also have complete apparatus for eXtin-
gushing fire by steam, and conducting water
over the vessel for domestic use; and will be
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 % the difficulty OF obtaining cash
subscriptions to any enterprise, no matter
how great its merit, the Company have de-
/ terminated TO receive subscriptions in LandtO
the Capital Stock. In doing so, we have at
/ once "a substantial basis: and as IL Is very
| reasonably expected that within q short time
| lands viii considerably appreciate in value,
| this plan Will afford Us a source of revenue
entirely Seperate and distinct, and when
| added TO the expected earnings Of the boats.
TO make the stock a profitable Investment.
| Parties having land which produces them
little or nothing, but on which they are pay
ing taxes, and which cannot be sold at pres
| ent, except az a great sacrifice, and perhaps
/ mol at all, VIII, on reflection, see this TO be an
| excellent and unusual plan for realizing on
them. rs the certificates OEstOck OF a com
pany can be much more readily disposed OF
than lands.
Books Of subscription to the capital stock of
the Company are now open al the Office, AZ
| C~arondelet street, New Orleans.
Parties at q distance, desiring TO subscribe
lands. must send to the local agents abb
stract Of title, mortgage certificates, evidence
that the taxes have been paid, testimony OF
responsible parties respecting the value OF the
land, price, and, in fact, all Information ne
cessary to give the Company a satisfactory
| idea Of the land offered.
BY order Of the Board Of Directors.
augl4 CHAS. II BENTON, Secretary.