Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-08
~ Ia y a ~ - = - ~
THR MISSISSIPPI VALLEY
La zl5ls.E.
NAVIGATION COMPANY
- OF THE
s OUTH AND w ES T.
SOUTH AND ES T.
TO the owners Of Real Estate I'm Ten
nessee, Mississippi. Alabama and Ar

TVHE COMPANY KNOWN TO THE PUB-
1 lie s. the " Mississippi Valley Navigation
Company OF the South and West" is orgAnizsd
under a charter from the State OF louisiana
his charter authorizes a capital stock OF nVe
hundred thousand collars, with the pTivtlegs
Of extension 10 one million. That the puolle
may know the exact object Of the Company,
the third article OF the charter Is given entire,
as follows;
or otherwls5 to procure and maintain one OF
more steamboats,, or other vessels 70 run on
and navigate the Mississippi river, or us trlD-
utaries, iOr the purpose OF carrying freight
nails and passengeFSi TO construct COCKS
wnRrVss, buildings and such other consroc-
dons as may De necessary 10 the building and
repairing OF vessels, and generally 10 exercise
such lncidentSl powers and privileges as are
hereby or may be conferred on them Tor the
The con peny propose, under the provisions
OF this charter 20 construct a line OF steamers
| to run between the different ports on the ms
sissippi river and It's tributaries. Iney viii De
Constructed upon the low pressure principle !;
| they will carry less steam they viii make BET
ter time, and De In all respects more safe iban
| any description Of boats ever placed uPOn our
| waters. Divided into distinct cOnpartments,
If disaster, whether by fire or sDags, shall hap
/ case OF IRE, apparatus Tor turning steam upon
it viii be provided, and il is demonstrated that
steam is the most effective extinguisher of nre
In case one com mpartInent is broken through by
/ contact with snags, and nils with water, the
others are not sndan gered, and the boat can
not sink, as pumps, provided Tor such an emer-
| gsncy, will be in instant operation. Safety to
| paSssngers and freight is a great end, worthy
| of the struggle Of the people OF the Mississippi
Valley.
money ana work has already been subscnbed
| to the capital stock OF the Company. The Lou
| isiana Leg stature has passed a bill subscribing
4 one hundred Thousand dollars OF stock to the
| Company. An additional sum of that amount
will, without doubt, be subscribed by the
| same body. The Company have resolved TO
| take lands for stock, and lnls is the feature to
| which thFy desire 70 call the attention OF own
| ers of real esta g. In the southern States ca
| account of the disorganized condition OF labor,
| lands are an tncumbrance. Vast tracts that
| Weld no revenue to the proprietors, pay exOr-
| bitant taxes, and thus cripple their only pro-
| take these lands at a fair yalusi and issue 70
| the owners tceir stock IN lieu. II lands shall
| enhance il value, so viii the stock enhance in
| value, and thus the land proprietor wtl carry
In his pocket the equivalent Of his lands, TO be
| converted nto money or property TtthoaS de-
lay. The success OF Lhis great anterprise ls be-
| yond question, TIE stockholder, in addition
! 10 the bensht Of the enhanced vslue of his
lands, viii. be part owner oI line OF boats,
| Per Ons wishing to exchange lands for tze
| stock Of The Com pany will send TO the Agent at
| Mem phis descTl ption of them, their produc-
tive qualities the timber, bottom or upland
whether overlooked or not; If OveThOWed, what
propor ton how near TO eounty-town, 70 rail
| road, depot, river, and all facts Necessary 10
| afford the Company satisfactory to-a OF the
land This isiay be done by certificates OF re-
| liable, disiuLsrested persons residing in the
| the land may he proved in the same manner.
The party OEeriug lands IoUst state in his prop
| Ositio0mSre lowest dgu Is he will take The
! Com - will not give exorbltast prices. The
Titles must be unS ncuInbeTed by judgments,
mortgages deeds OF uust. tax titles, OF other
| wise. This may be shown By Ofnciai CsTsi d
Gates OF JUG gss. oleFzs, setlns, or lhs opinions
| OF respectable dttorneys, This Is believed 10
| be the best opportunity 20 dispose OF surplus
or can be oRr5d.
| Many OF the best and wealthiest citizens OF
the south and West are WArEnty Embarked IL
the enterprise. The General deadQ uarters OF
| the Company are In New orleans, bot agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwrt teEs
| Chambers of Commerce, Engineers. Meehan-
tcs practical nsYiSAtors and all classes OF pTac-
tlcssl mEn.
| The foregoing facts are submitted to the pub
lie in the co.. fdent belief that they VIII De un-
derstOod and appreciated.