Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-25

To the Owners of Real Estate I'm Ten
nessee, Mississippi. Alabama and Ar
kansas:
THE COMPANY KNOWN TO THE PUB
L lie as the Mississippi Valley Navigation
Company of the South and West, is o-rganize
under a charter from the State OF louisiana
This charter authorizes "a capital stock of five
hundred thousand dollars, with the privilege
of extension to one million. That the pubic
may know the exact object OF the Company
the third article or the charter is given entire
as follows:
"The object OF this Company Is to esnstruct
or otherwise To procure and maintain one Ol
more steanboats, or other vessels, 70 run OF
and navigate The Mississippi river, or its trib.
utarfes, Tor the purpose OF carrying freight
mails and passengers to construct cocks
wharVes, buildings and such other construc.
lions as may be necessary TO the building and
repairing OF vessels, and generally TO exercise
such Incidental powers and privileges as are
hereby or may BE- conferred on them for the
The Company propose, under the provisions
OF this charter TO construct a line Of steamers
TO run between the different ports on the Ms
s.ss1pp1 river and its tributaries. Ihey will be
constructed upon the lOw-pressure principle
they will carry less steam they will make BET
ter time, and be in all respects more safe than
any description OF boats ever placed upon cur
waters. Divided into distinct compartments,
If disaster, whether by fire or snags, shall hap-
pen TO enc, the boat is not endangered. In
it will be provided, and il is demonstras Jed that
steam is the most eff Give ex~tinguisher of fire.
In case one compartment is frOken through BY
contact with snags, AMI nils with water, the
others are not endangered. and the boat can
not sink as Jumps, provided for such an emer-
gency,w viii be in instant operation. Safety to
passengers ana freight is a great end, worthy
Of the Struggle Of the people Of the Mississippi.
Valley.
Nearly three hundred thousand dollars in
money AMI wCrk has already been subscribed
TO the capital STOCK OF the Company. The Lou
isiana Legislature mas passed a bill subscribing
one hundred thousand dollars Of stock 10 the
Company. An additional sum OF that amouat
wlL, without a doubt, be subscribed by the
same body. The COmDany/haVe resolved 10
take lands for stock, ana Inis is the feature to
which they des1l e 10 call the attention or own
ers of real esia.e e. In the southern States, On
account Of the dtsOTganiZed condition of labor,
lands are an tncDmbrance. Vast tracts that
yield no revenue to the prOpricJOrs, pay excr-
bltant taxes, and thus cripple their only pro-
ductive resources. This Company propose to
take these lands at a fair valuation ana issue to
the owners their stock in lieu. II lands shall
enhance in value, SO Will the stock enhance IN
value, and thus the land proprietor will eirry
in his pocket the equivalent OF his lands, to be
converted 1DtO money or property without de-
lay. The success of this great enterprise is be-
YOnd question. The s-tOckhOIder, in addition
TO the benefit Of the enhanced value OF his
lands, will be part owner OF a line Of boats.
and be entitled to dividends in their earnings.
Persons wishing 70 exchange lands for the
stock OF The company Will sen to the Agent &c
Memphis a description OF them, their prOduc-
Tive 4AN4ALAGas bAo UA4DtAs Dubt1h OF uplduQ .
whether overlooked or not; IL OyerfiOwe1, wha5
proportion how near to cOunty-town, to rail-
road, depot, river, and all facts necessary TO
afford the Company a satisfactory idea OF the
land. This may be done by certificates OF re-
liable, disinterested persons residing in the
neighboThOod. The present actual value OF
the land may be proved in the same manner.
The party offering lands must stale in his prop
osition the lowest figures he wiz take. The
Company viii not give exOrbitaAt krices.- The
titles must be unt ncumbered by Judgments,
mortgages. deeds OF uuSt. tax titles. or other
wise. Ibis may be shown by official certif-
Gates Of JUICES. clerks, sherihs, or the opinions
of respectable attorneys. This is believed 10
be the best opportunity TO dispose Of surplus
lands In the South and West that has jet neen
or can be offered,
Many OF The best and Wealthiest citizens Of
the SCUM and West are warmly embarked in
the enterprise. Tn General Headquarters of
the Company are In New Orleans, but agencies
exist in ali the principal cities. The enter
prise has been endorsed by Underwriters.
Chambers Of Commerce, Engineers. Mechan-
practical navigators, and al classes of prae-
teal men.
The foregoing facts are submitted to The puh-
lie in the confident belief that they viii be IN.
deTstood and appreciated.