Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-27
THg MISSISSIPPI VALLEY
SOUTH AND IVES t
TO the Owners OF Real Estate I'm Ten
nessee, mississippi. Alabama and Ar


THE COMPANY KNOWN TO THE PUB
4 lie SIS the" Mississippi Valley Navigation
Company of the South and West, Is organized
under a charter from the state OF Loulsiana. ms
I his charter authorizes capital stock OF nve
hundred thousand dollars, with the privilege
of extension to one million. That the puollc
may know the exact object OF the Company
the third article OF the charter is given entire,
as follows:
or otherwise to procure and maintain one or
more STEAMBOATS,, OF other vessels, To run on
and navigate the Mississippi river, or its trlb-
mails and passengers to construct docks
Wharvss, buildings and such other conslrre-
tions rs may De necessary 10 the building and
repairing OF vessels, and generally 10 exercise
such incidental towers and privileges rs are
hereby or may be conferred on them for the
purposes Aforesaid
TIE con pany propose, under the provisions
or this charter 90 construct a line OF steamers
10 run beLWssn the different ports on the Mis-
slssippl river and It's tributaries. ihey VIII De
constructed upOn the low pressure principle;
they viii carry less steam they viii make BET
ter Time, and De Ia all respeots more sale than
any description Of DoSts ever placed upon eur
waters. Divided into distinct compartments,
If disaster, whether by fire or snagS, sl2ll hap
pen TO one, the boat Is not endangered. In
case OF fire, apparatus for turning stesm upon
ii viii Be provided, and II Is demonstrated that
steam IS the most EFT Give extinsuisher of hre-
In case one compartment ts broken through BY
contact with SnagE, and nlls with water, the
others are not endangered. ana the boat can
not sink as sumps, provided for such an eIner-
passengers and freight is a great end, worthy
Of the struggle of the people Of the Mississippi
Valley.
money and wOrG mas already been subscribed
to the capital stock OF the Company. The Lou
| isians legislature has passed bill subscribing
one hundred thousand dollars OF stQok 70 the
Company. An sddltiOnal sum Of tast amount
will, without doubt, be subscribed by the
same body. Inc company nave resolved 20
which they desire TO call the attention Of own
ers of real esta-e. In the southern states, Oh
account OF the disorgan1zed condltlon OF laDsr,
lands are an incumbrance. Vast tracts that
yield no revenue to the prOprietors, psy exOr-
bitsnt taxes, and thus cripple their only pro-
ductive resources. This Company propose to
take these lands st 2 fair valuation and issue to
| the owners their stock in lieu. II lands shall
enhance in yaiue, SO VIII the stock enhance IN
value and thus the land proprietor VIII carry
In his pockst the equivalent OF his lands, to be
| converted INTO money or property without de-
lay. The success Of this great enteTprtse Is be-
| yond question. The stOckholder, in addition
| to the benefit OF the enhanced value OF his
| lands, will oe part owner OF line Of boats,
| and be entitled TO dividends in their earnings.
Persons wishing TO exchange lands for the
| stock Of the Com mpany will send to the Agent at
| Memphis a description OF them, their produc-
/ tive qualities. the timber, sottom or upland +;
! whether overfiOwed or not; IL oveThoWed, what
| prupOi tion how near 10 oounty-town, to rail
/ road, depot, river, and all facts necessary 70
/ anort the Com Psny a satisfactory idea OF the
/ land. This unsy be done by certificates OF re-
liable, disint. rested persons residing in the
/ IGl5 AAO EtcscAb ACSLdA Nd4lf SA
/ the land may be proved In the same mann er.
/ The party Offering lands must state IN his prop
/ OsitiOn toe lowest hsUGsz he viii take The
| Company will Lot give axOrOitaAt prices. The
l tk5erS IEast oe unenCumbered by judgments,
hr5f cages deeds OF trust. tax titles. or other
/ wise. This mSy be shown By orictal eerttd-
Gates OF JUICES. clerks, shsrifs, or The opinions
/ Of respectable attorneys, Tnis 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 wsalthiest citizens OF
| the South and West are warmly embarked in
| the enterprise. The General HeadQ uaTtsrs OF
| the Company are In New orleans, but sgencies
| exist IN all the principal cities. The enter
prise kss been endorsed by Underwriters,
| Chambers OF. commerce, Engineers, Mechsn-
les practical navigsJoTs, and ali classes Of prae-
/ teal men.
The foregoing facts are submitted TO the pub
lie IN the confident belief thai they VIII be IN
/ derstoOd and appreciated,