Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-06
rms Of SuhscriptiOH---S5 per Copy, pay
able OH delivery.
RATES OF ADVERTISING:
Mississippi Valley Navigation
OF THE
u AND WEST,
No. i8 CarOndeIet Street. New Orleans.

NJ. 10 CdTOHGotei OubCst new OttbdhS.
Capital Stock, sl,OOO,OOO
Shares (each), -$100each
To the owners Of Real Estate in louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama:
TVHE COMPANY KNOWN To HEPUBLIC
i as the " Mississippi Valley Navigation
Company of the South and West, is organ
lied under a charter from the State Of Lou
isiana. This charter authorizes a capita
stock Of I'VE hundred thousand dollars with
I the privilege Of extension to one million.
That the public may know the exact object OF
the Company, the third article of the charter
is given entire as follows;
.'The object of this Company is to con-
struct or otherwise to procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river, or
it's tributaries, for the purpose of ca ry1ng
freight, mails and passengers; to construct
docks WharVes. buildings and such other con-
structionE as may be necessary to the build
ing and repairing Of vessels, and generally to
exercise such incidental powers and privi-
leges as are hereby or may be conferred on
them for the purpOses aforesaid.
The Company propose, under the provision
of this charter 70 construct a Inc OF Low
PRESSURE STEAMBOATS, TO run between the diff
fereut ports Oh the Mississippi river and its
tributaries. They will carry less steam,
make better time. land freight and passen-
gers without ~rouuding-tOt and, by means of
| endless chains and elevators, receive grain in
bulk and discharge Ii ut for shlpmenD d.
] NEENAN on hNaNNA AAAG hErHNA A4AEAAAEA " AEAN4N Y
it, instead of the present mode of putting IL
I first on shore. thereby saving time, labor and
expense. Tn Boats viii also be divided into
distinct Compartments, II they encounter
snags. or any accident should happen to the
/ hull. the boat viii not be endangered. They
! Will also nave complete apparatus for eXtln-
gushing fire by steam, and conducting wafer
over the vessel for domestic use3 and viii be
in every respect safer, swlfter, and better
adapted for carrying passengers and freight,
and at a cheaper rate than any boats now
/ navigating the Mississippi river.
Owing TO the difficulty OF obtaining cash
subscriptions to any enterprise, no matter
how great its merit, the Company have de-
] Terminated to receives subscriptions in LandtO)
once a substantial basis; and rs il is very
reasonably expected that within "A short time
lands viii considerably appreciate in value
this plan viii afford Us ~ source OF revenue
entirely separate and distinct, and when
added TO the expected earnings Of the boats,
cannat. in the natural course of things, fall
to make the stock a profitable Investment.
Parties having lane which produces them
I little or nothing, but on which they are pay
ing taxes, and which cannot be sold at pres
ent, except az u great sacrifice, and perhaps
excellent and unusual plan for realizing on
them. as the certificates OF stock of a COM
pany can be much n ore readily disposed OF
than lands.
over IL, 600 acres of good land have already
been offered and subscribed.
Books of subscription 10 thec capital stock Of
the COMPANY are now open at the office, lis
| CarOndelet street, New Orleans.
Parties at n distance, desiring to subscribe
lands, must send to the local agents alb
stract of title, mortgage certificates. evidence
responsible parties respecting the value of the
land, price, and, in fact, all ne
cessary to give the Company a satisfactory
idea OF the land offered.
BY order of the Board OF Directors.
CHAS. R BENTON, Secretary.
JT. SWAYNE, President.