Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-10
The MISSISSIPPI VALLEY
s TIL AND IVES t
70 the Owners Of Real Estate I'm Ten
nessee, Mississippi. Alabama and Ar
kamaaa.

THE COMPANY KNOWN TO THE PUB
L lie as the E" Mississippi Valley Navigation
Company of the South and West A." is org 4niEed
under charter from the State OF louisiana.
This charter authorizes capital stock Of nve
hundred thousand dollars, with the privilege
of extension to one million. That the puoltc
may know the exact object OF the 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 n Ssiss ppi river, or its trio-
ntaries, Tor the purpose OF carrying reight,
wharves, buildings and such other eorstrno-
tions as may be necessary 10 the building and
repairing OF vessels, and generally 20 exercise
such incidental powers and privileges as are
hereby Oh may be conferred on them for tho
purposes Aforesaid
The Con- pany propose, under the provisions
OF this charter 70 construct a line Of steamers
10 run between the different ports on the Ms
slsSippi river and Its tributaries. They viii be
constructed upon the IOw-prsssure principle (;
they viii carry less steam they VIII make bet
ter time and be In all respe rs more safe than
any description of boats eyer placed upon eur
waters. DIVIDED into distinct con partments,
IL disaster, whether by IRE or snags, shall hap
pen to one the boat is not endangered In
case OF fire, apparatus Tor turning steam upon
II will be provided, and it is demOnstrab ted that
steam IS the most effective extinguisher OF IRE.
In case one compartment Is broken through by
contact with snags, and flls with water, the
others sre not endangered. and the boat can
not sink, SIS pumps provided for such an emer-
gency, Will be in instant operation. Safety to
passengers and freight is great end, worthy
of The struggle of the people Of the Misaisslp ppi
Valley. "
Nearly three hundred thousand dollars in
money ana Work has already been 50 oscEiOSd
to the capital stock OF the Company. The Lou
iSianR Leg stature hSs passed Dill subscribing
one hundred Thousand dollars OF stock to the
Company. An additional sum Of that amount
will, without a doubt, be subscribed by the
same bcdy. Tbe Company have resolved to
take LANDS for stock, snd Ihis is the feature to
which they desire 10 call the attention of own
ers of real estate. In the southern States, Oh
account Of the disoTganized condition Of labor,
lands are an tneumbrance- Vast tracts that
yield no revenue TO tue proprietors, psy exor-
oibant taxes; and thus cripple their only pro-
ductlys resources. This Company propose 70
take these lands 81 fair vRlu sLion and issue to
the owners their stock in lieu. II lands shah
enhance in value, SO viii the stock enhance IN
value, and thus the land proprietor VIII eSFry
in his pocket the equivalent OF his lands, TO be
converted into money or property without de-
lay. The success OF this great enterprise Is be-
yOnd question. The stoCkhOlder, In addition
to the oenent Of the enhanced value OF his
lands, viii be part owner OF line Of boats,
and be entitled 10 dividends in their earnings
Persons wishing 10 exchange lands for TIE
stock of the Company will send TO the Agent at
Memphis description oftheno, their produc-
tive qualities. the timber, bottom or upland /;
whether OVernowed or not; II oveIhowed, what
propo ton how near to cOunfy-town, to rail
road, depot, river, and all facts Necessary 10
AFFORD the Company 3 satisfactory idea of the
land. Tn Insy De done by certificates Of re-
liable, disin.er5sted persons residing in the
nefghborhOoo, The present actual value OF
the land msy be proved In the same manner
The party Offering lands 70 nust state in his prop
aGn toe lowest figu es he viii take The
Company viii not give exorbitaEt prices. The
titles must be un6nCumbered by judgments,
mortgages deeds OF Ifust. tax titles. or other
wise. This may be shown by official eertif-
Gates OF juGges. CLERKS sheriffs, or Jhs opinions
of respectable attorneys. This is believed to
be the best opportunity to dispose Of surplus
lands in the SCutn ana West that has yet been
or can be offered,
Many OF the 6sst and Wsalthisst eitizsns of
the Soath aud Vest are warmly embarked In
tbs enterprise. The General headquarters of
the Company are In New orleans, but agencies
exist in all the principal cities. The en- ter
prise has been endorsed by Underwriters
Chambers OF commerce, Engineers, Mechan-
ios practical nav gators, and all classes Of pTao-
tical men.
The foregoing facts are suhEaitted to The pub
lie in the COZ f1dent benE4 that they viii be IN
derstood ana appreciated,