Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-07

kansas:
t1,HE COMPANY KNOWN TO THE PUB
1 nc as the Mississippi Valley Navigation
Company of theSOuth and West," Is organized
under a charter from the State OF LOUISIANA
I bis charter authorizes capital stock OF nVe
hundred thousand dollars, with the privilege
of extension to one million. That the puD4le
may know the exact object OF tne company
the third article OF the charter Is given entire
the object OF this Company is to construct
or otherwise to procure and maintain one or
more steamboats,, or other vessels, te run on
and navigate The Mississippi river, or It's trlD-
utaries, Tor the purpose OF carrying lrelsht'
mails and pAsSengersi to construct COCKS,
wharves, buildings and such other eonsruc,
tions as may be necessary TO the bulidlrg sno
repairing of vessels, ana generally 70 exercise
such incidental powers and privileges as are
hereby or may b. conferred on them Tor the
purposes Aforesaid
OF this charter TO construct line OF steamers
TO run between the different ports on toe MS
slssippi river and its tributaries. 1hey VIII De
constructed upon the low pressure prIneiple;
they viii carry less steam they Will make pet
ter time, and be In all respests mere "a e lhan
any description Of boats ever placed upon our
waters Divided into distinct com partmentsY
If disaster, whether by IRE or snass, snail nap
pen to one, the boat Is not endangered. IN
case OF fire. apparatus Tor turning steam upon
il wilt be provided, and IL is demOnstra Sed mat
steam is the most effective eXtlngulsh her OF nre.
In case one compartment Is GroAen LnIoush "
contact with snags, and nils with water, the
others are not endangered, and the boat can
not sink, as pumps, provided for such an ener-
gency, will be in instant operation. SAFETY 70
passengers and freight is q great end, worthy
of the struggle of the people Of the MISSISSIPPI
Valley.
money and WORK has already been subscribed
to the capital stock OF the Company. The Lou
isiana Leg stature mas passed Dill subscribing
one hundred thousand dollars of stock TO the
Company. An additional sum OF tnaI amount
will, without doubt, be subscribed by the
same body. The Company have resolved 70
/ tak lands for stock. md THIS Is the feature
which they desire to cali the attention OF own
ers of real estate. In the southern states, Oh
account of the disorganized condition of lab ar
lands are an incumbranee. Vast tracts that
Weld no revenue to the proprietOrs, pay exOr-
bitant taxes, and thus cripple their only pro-
ducttve resources. Ibis Company propose 70
take these lands at fair valu ai1on and issue 70
/ the owners Laeir stock in lieu II lands shan
enhance in value, so VIII the STOCK enhance IN
value and thus the land proprietor Will carry
in hrs pocket the equivalent OF his lands 10 be
/ converted futo money or property without de-
| Law THE snccess OF This great enterprise is be-
/ yond question. The stockholdeT, IN addition
/ TO the benefit Of the enhanced value OF MS
/ lands will be part owner OF line OF Ooats,
| and be entitled to dividends in their earnings.
Persons wishing 70 exchange lands for the
\ stock Of the Company will send 20 the Agent az
| Memphis description of them, their produc-
/ tive qualities. the timber, bottom or upland
| whether oYeTaowed or not II over nOWed, Whai
propoi tion how near TO coqnty-town, to rail,
| road depot river, and all facts necessary 10
| afford the Company satisfactory idea OF the
! land. This may be done by certificates OF re-
naDe. ulslntefestS1 peEsJils ES-4u1AS II lHe
neighbOThO pod. The present. actual value OF
the land mgy be proved in the same manner
The party Offering lands must state IN his prop
ositton t1e lowest ngu; es he wi il take. Tue
| Company viii not give eXOrbitaSt prices. The
titles must De uDt ncumbered by judgments
| mortgages deeds OF trust. tax titles or other
wise This may be shown by OEAelGl cert'h'
Gates OF t4C ges. clerks, sherlfs, or the opinions
of res pecJaDIe attorneys This IS OelleFed tI
be the best opportunity to dispose OF surplus
lands in the South and West that has yet been
or oan be oH5Ted,
Many of the best and wealthiest citizens o
the SoaIh and West are warHiy embarked II
the enterprise. The General Headquarters o
the Company are in New orleans, bat sg6ncle
exist in all the principal cities. The enter
prise has been endorsed by Underwriters
chambers OF Commerce, Engineers. Meenan
les practical navigsJoTs, and all classes of prac
tical men.
The foregoing facts are submitted to the pub
lie in the con fident belief that they viii be un
derstOod and appreciated