Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-10
Mississippi Valley Navigation
COMPANY
or THE
U AND WEST,

Capital Stock, 100000
Shares (each), -SIOOe each
Tt the owners Of HEAL Estate In IoaLssGEs-
AiSsissippi, Tennessee, Arkansas. TsGAs
and Alabama:
T'HE COMPANY KNOWN TO THE PUBLIC
Il rs the " Mississippi Valley Navigation
Company OF the South and West is organ
lied Under & charter from the state OF Lou
tsiana. This charter authorizes = capita
stock OF nve hundred thousand dollars, with
the privilege OF extension 10 OnS million.
That the public may know the exact object Of
the Company. the third article Of the charter
Is given entire A. follows:
"The object OF this Company "a TO con-
stTues or otherwise 70 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 Carrying
doeks wharves. bGdldinS and sIeS other cO1e
structions as may be necessary 70 the build
Ing and repairing Of vessels, and generally 70
exercise such Incidental powers and pFivt-
lsges as are hereby or may be conferred On
them for the urPose aforesaid.
The Company propose, underline provision
OF this charter to construct "A line OF Low
PRESSURE Steamboats, 10 run between the DIFF
ferent ports O. the Mississippi river and IL
make better time. land freixht ana paSssn1
gers without rOundiBg-tO, and, BY means or
endless chains ami elevators, recsiys grain IL
rectly on board the vessel intended TO receive
II, instead OF lice present mode OF putting IL
nrSt Oh shore, thereby saving time, labor ana
expense. The Boats viii also be divided into
distinct COMPARTMENTS, II they encounter
Snags, or any accident should happen 70 the
hull, the boat will not be endangered. They
viii also have complete apparatus for extfn-
gushing fire BY steam, and Conducting water
over the vessel for domestic use; and viii be
II every respect safer, swiTer, snd better
adapted for carrying passengers md freight,
aud AZ a cheaper rate than any boats now
navigating the Mississippi river.
living 10 HE difficulty OF obtaining cash
subscriptions 10 any enterprise, no matter
how great its merit, the Company have de-
terminated 20 receive suhscriptIon In LandtO.
the Capital stock. In doing so, We have at.
Once IA substantial basis; and As IL l. very
reasonably expected that within q short Tina
lands VIII considerably appreciate In value
this pl9n will afford Us a source OF revenue
entirely seperate and distinct, and when
added 10 the expected earnings Of the boats,
cannot, In the natural course OF things, EAu
70 make THE stock a profitable Investment
Parties having land which produces them
little or nothing. but on which they are pay
Ing taxes, and which cannot be sold az pres
ent, except at a great sacrifice. and perhaps
not at all, will, on reflection. see this to be an
excellent and unusual plan for realizing on
them, as the certificates OF stock OF "A COM
Pany can be much more readily disposed OF
than lands.
Over H5,O0 acres OF good land have already
been offered and subscribed.
Books of subscription TO the capital stOcs Of
the COmpany are now open at the office. I3
Carondelet street, New Orleans.
Parties at a distance, desiriug to subscribe
lands, must send 70 the local agents abb
that the taxes have been paid, testimony OF
responsible parties respecting the value 1.-THE
land price, and, In fact. all Information Ne
oessary 10 give the Company a satisfactory
idea of the and offered.
BY order OF the Board % Directors.
CHAS. X. BENTON, SecrstaA
J.T.SWAYNE. President. -
u. AgenG