Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-12
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THE MISSISSIPPI VALLEY
NAVIGATIONl COMPANY
s TIL AND WEST.
To the Owners of Real Estate I'm Ten
nessee, Mississippi. Alabama aud Ar
kansas:

! J'HE COMPANY KNOWN TO THE PUB
| l. lie as tAe Mississippi Valley Navigator
/ Company Of the South and West, I" Is organizes
\ under charter from the State Of Louisiana
This charter authorizes capital stock of fV,
hunured thousand dollars, with The privileg;
/ OF extension to one million. That the public
| may know the exact object OF the Com mpany
the third article OF the charter is given entire
as follows:
"Ths object OF this Company Is TO esnstruci
or otherwise to procure and maintain one OF
more steamboats,, or other vessels ts run on
and navigate the Mississippi river, or its trfb-
utaries, Tor the purpose OF carrying freight
mails and passengers; to construct cocks
Wharves, buildings and sCch other construe-
tons as may be necessary TO the building and
repairing Of vessels. ana generally TO exercise
such incidental powers and privileges as are
hereby or may be conferred on them FOR tbs
purposes Gforesat1-
The Coma pany propose, under the provisions
of this charter 70 construct line OF steamer
to run between the different ports on TIE Mis-
sissippi river and its tributaries. They win be
constructed upon the low-pressure principle
they VIII carry less steam they will make bet-
ter time and be IN ali respects more safe than
any description OF boats ever placed upon cur
waters. Divided into distinct cor partments
II disaster, whether by IRE or snags, shall hap
pen TO one, the boat Is not endangered. In
case Of IRE, apparatus for turning steam upon
1t Will be provided, and 1t is demonstrated thai
steam Is the most effective exunguisher OF IRE.
In case one compartment IS nroken through BY
contact with snSgs, ana fills with water, the
others are not endangered. and the boat can.
not sink, as pumps. provided for sueh an eIner-
gency, will be in instant operation. Safety to
passengers and freight is great end, worthy
OF the tiusgle OF the people OF the Mississippi
Valley.
Nearly three hundred thousand dollars In
money and worK has already been subscribed
TO the capital stock OF the Company. The Lou
isiana Leg stature has passed bill subscribing
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 Tor stock, Gnd this Is the feature to
Nnlcn tn5y uesife 70 ctll tne attention OF own
ers OF real estate. In the Southern States on
account OF the disorganized condition OF labor
lands ars an 1ncumbrance. Vast tracts thai
yield no revenue to the prOprietors, pay exor-
bitant taxes, and thus cripple their only pro-
ductlve resources. This Company propose To
take these lands at fair Vala aJion and issue TO
the owners Lhelr stock In Lieu. If lands shall
enhance in vsJ0e, 50 viii the stock enhance in
value, and thus the land proprietor will carry
IN his pocket the equivalent OF his lands, to De
converted toto money or property without de-
lay. The success of this great enterprise Is be-
yOnd question. The stockholder, in addition
10 the benefit OF the enhanced value OF his
lands, Will be part owner OF line Of boafs
and be entitled to dividends ia their earnings
Persons wishing ia exchange lands for the
stock OF the Company viii send to the Agentat
fem phis description of them, their prOduc-
tive qualities. the timber, bottom or Upland
whether cverhoTed or not; If oVerdowed, what
proportion how near to eoUnty-town, to rail-
road, depot river, and all facts necessary 10
afford the Company satisfactory idea Of the
land. ThiA nay be done by certificates OF re-
AA@D.St 0toAh Pc4soA. AGc4ulI2 Inc
neighoorhood. The present actual value OF
the Land may be proved in the same manner
The party Offering lands muSt state in his prop
9R8n t1e lowest nguIes he will take The
Coinpany viii not give exOTbitaAt prices. The
titles must bs unencumbered by iudgpentS
mortgages dseds of trust tax titles, or other
wise 1nfS may be shown by official certih-
Gates Of JUG gss. clerks, sherIfs or the opinions
Of respectable attorneys. This is believed 10
be the best opportunity TO dispose Of surplus
lands in the South ana West that has yet been
or can be offered
Many Of the best and WsaIthiest citizens Of
the South and West are WarEliy EN- barked in
the enter prise. The General Headquarters of
The Company are in New orleans, bot agencies
exist in all the principal cities The enter
prise has been endorsed by Underwriters,
Chambers OF Commerce, Engineers. Aechan-
les, practical gators, and all classes of prec-
ttcal men.
The foregoing facts are submitted to the pub
lie in the cor fdent belief that they VIII bs IN
derstood and appreciated.