Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-19
SOUTH AND E IS t.
"a the Owners of Real Estate fn FEN
Eessee, Mississippi, Alabama and Ar
kansas

kansas
The COMPANY KNOWN 70 THE PUB
L lie 81 tks Z" mississippi Valley Navigation
Company OF the South aud West, . is organized
under a cnarter from the State OF louisiana.
This charter authorizes a capital stock OF hve
hundred thousand dollars, with the privilege
OF extension 10 one million. That the pubic
may know the exact object OF the Company,
the third article OF the charter Is given entire,
as follows:
Inc object OF this Company Is to construct
or otherwise to procure and maintain one or
more steamboats,, or other vessels, 10 run on
and navigate the Mississippi river, or its tFlb-
mails and passengers to Construct cocks,
wnerves, buildings and such other cOnstruc-
uons as may be necessary 10 the buildiT g and
repairing OF vessels, and generally 10 exercise
such incidental powers and privileges rs are
hereby or may b9 conferred on them for tins
purposes Aforesaid "
or this charter 10 construct n line Of steamers
10 run between the different ports on toe Ms
slssippi river and its tributaries. 1hey will be
constructed upon the iow-pressure principle;
they will carry less steam they will make BET
ter time, and re in ali respects more safe than
any description OF boats ever placed upOn our
waters. Divided into distinct CON artments,
if disaster, whether by FIRE or snags, shall hap
pen TO enc, the boat is not endangered In
case OF FIRE, apparatus Tor turning steam upOa
it will be PROVIDED, and IL is demonstrated that
steam is the most en- Give eXttnguIzher Of IRE.
In case one compartment IS uroken through by
contact with snags, and fills with water, the
Otaers are not endangered, and the boat can
not sink as Pumps. provided FOR such an emer-
gency, Will BE- in instant operation. Safety 10
passengers AMI freight Is a great end, worthy
OF the Struggle OF the people II The Mississippi
Valley.
money ami wurK has ARE. dy besn subscribed
To the capital sock or tie Company. Tue Lou
isian2 L g stature has passeda btl. subscribing
one hundred thousand doll as OF stock 10 the
Company. An additional sum Of that amount
wall, without a doubt, be subscribed Oy the
same body. The Company have resolved to
take Janus Tor EtOEk. on0 IE1E L. the feature In
which III y desue 10 call the attsntiOn OF own
ers OF real esta Q. Ia the southern States. CA
account of the disOrganized coHditiOu Of lab Jr,
lands are an lncuIubrauCe. Vast tracts that
yield no revenue To the proprietOrs, pay ex0r-
OItant taxes, AID thus cUppie their only pro-
ductive reSCorcss. This propose 70
t4ks thes= lands at q fair yaiu s1On and fssuejO
the owners Jhelr stock in lieu. II lands shall
enhance in value, 50 Will the STOCK enhance la
value, and thus the land proprietor Will carry
in his pocket the equivalent Of his lands, to be
cOnve ted 1910 money or property without de-
| lay. The success OF this great e-terprIss Is be-
yond question. The s~tcckhOide-, in addition
TO the benefit OF the enhanced vaius OF his
lands, will be part owner OF a line Of bOais,
and be entitled TO dividends in their earnings.
Persons wishing TO exchange lands Tor the
stock Of the mpany will senu to the AgeDtaI
MsmPhis a description OF them, their pIoduc-
tive qualities. the TIMBER, bottom or upland
whether overlooked or not; If ~OVelnOWei whaI
propO- ton now near 10 cOunty-tOWD, - rail
read, depot, river, and all facts necessary 30
anOrd the Company a satisfactory ideR OF the
land. This may be done by certificates OF re-
lab t, disi1LsresLed persons residing in the
ue'ghOOrhOod. Tn present actual value OF
the land msy be proved in the same m2nrer.
The party Offering lands must state in his prop.
OsitiOn tIe lowest ngu' es he viii take. The
Company viii EOtglvs eZOrbitsAt prices. The
titles must be ~untneumbered by judgments,
mortgages deeds of uust. tax titles, or other
wise. This may be shown by official teTti1-
Gates OF JUG geS. clerks, sherifs, or the opinions
Of respectable attorneys. This Is believed 10
be the best opportunity to dispose OF surplus
lands in the South and West that has yet been
or can be offered.
Many of the best and wealJhiest citizens OF
| the South and West are warmly embal ked in
the enter prise. The General Headquarters OF
the Company are in New orleans, bat sgencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
of commerce, Engineers. Mechan-
les, practical nsvlgators, and all Glasses OF Prse-
teal meE.
The foregoing facts ara submitted to the pub
lie in the cor ident belief that they VII be IN.
deTstOOd and appreciated.