Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-09
NAVIGATION COMPANY
s SOUTH AND WEST.
10 h Owners Of Real Estate In Ten
nessee, mississippi. Alabama and Ar
kansas:


kansas
He COMPANY KNOWN TO THE PUB
lie As the Mississippi Valley Navigation
company OF the south and Vest Is org4nlZsd
under a chatter from the State OF LOUISIANA.
IAls charter authorizes a CAPITAL stock Of I'VE
nQnoEed thousand dollars, with the privilege
OF e1tthklOn 70 one million. That the puolic
may knOw the exact object OF the Company,
Inc thru article OF the charter Is given entire,
Tine object of this Company Is 70 construct
or otherWis3 to procure anu maintain one or
more STEAMBOATS,. or other vessels, % run on
anu navigate me m.ssissipPi rIVer, or its trib-
utar1es, JOr the purpose OF CarryfLg neizht,
mails and passengers to csustruct cocks,
whsrSess O~oldlngs aod such otEer construe-
lions a. may Dc necessary 10 the buitdICg and
repairing Of vessels, ana generally 20 exercise
such Incidental powers and privileges As are
hereby or may o. conferred on Them for the
purpose Aforesaid
The Company propose, Under the provisions
or MS charter to cOustruct a line Of steamers
70 run between the different ports on tue Ms
slsslppl river and Its tributaries. They viii be
Constructed upo1 the lOw-prfssure priBc3p pie ;
they Will cauy less steam they will make Bet-
Ter time, aDd oe In ali respects more sale Than
any description Of boats ever placed upon eur
waters. Divided into distinct con paTtments,
II disaster, whether BY IRE or snags, shall hap
pen to one, the boat Is nos endangered IN
case OF dre, apparatus Tor turning steam upon
il will be provided, aud IL Is demonstrated hat
steam is the M 81 Ell etIve her Of IRE.
In case one compartment Is rOken through by
contact with slags, and Nils with water, the
bAltIb are uNN Eula4zELEQs ana the DOdL can
not SINK as pumps. provided for such an emer-
gency, Will b in instant operation. safety TO
passengers ana freight IS a great end, worthy
OF the struggle OF the people CT the Mississippi
Valley.
Nearly three hundred thousand dollars in
money ana WORK has ARE d. been subscribed
TO the capital sock OF the Company. The Lou
isiana Leg stature has passed a oil subscribing
one hundred Thousand d.lllrs OF STOCK 70 the
Company. An additional sum Of thai amOunt
will, without a d0abt. be sabscubed by the
EQmn hWnE. M 1nmunInU hAWa WEsnNUan tn
lake lands for stock, and tnis D. the feature to
which hey deslIe 10 call the attention o. own
ers OF real estste. In the southern states, On
account of the disOTgan1Ledc OrCit,on Of labor,
lands are an incumb-ance. N4st tracts that
yield no revenue 70 the prOprie-Ors, pey ex0r-
bltant taxes, and thus cripple Lheir only pro-
ductive resources. Ibis Company propose TO
take these lands at 3 fair valu-stOn and issue 70
the owners Jheir stock in lieu. II lands snail
enhance in value. 50 wiz the stock enhance In
value, and thus the land proprietor will carry
In his pocket the equivalent Of his lauds, 70 be
lay. The success OF this great e4terpriss Is be-
yOnd question. The s-tOcknOide-, in addition
10 the benefit OF thu ENLARGED vs'ue Of his
lands, Will be part owner o. q line u OOsisi
and be entitled 10 dividends in their earnings.
Persons wishing 10 exchange lanos tor tie
stock Of the Compan yWul seuu 10 the AgenteL
Memphis a d~escri ptiOn OF her, their uIoduc-
tive qualities. the timber, bottom OF upland :
whether OverhOTed or not; II ~OvaidoWed, what
prOpOi ton F; now near 20 cOunfy-tuWG, t. rail-
road, depot, river, and ali Lcts necessary 20
afford the Company a satisfactory idea OF the
land. This mey De 0Cn8 Dy eerLiLcaLes OF re-
Asbie, dls1ntereslsI persons resld NJ IN me
neighbOrhoOd. Ths present acJUui value Of
the land mgy be proved in the Same m2nrer.
The party Offering lands must safe IN his prop
OsitiOn the Lowest ngu. Is he vii cke The
COMPANY viii not give eXOro4t2-t Trlccs. The
titles must be u"ntncuHnbSred by ~iudgueHts,
mortgages deeds OF uu-t. tax Et.es. or other
wise his may be khOTn oy OUciaI CeTLiG-
Gates OF JUG ges. clerks. thsrAEs, or The opinions
of respectable attorneys. This is believed 10
be the best opportunity 20 dispose OF surplus
lands in the South and West that has yet been
or can be offered.
Many OF the hest and wealth!est citizens OF
the South and West are warmly embarked in
the enter erlse. Tue General deadqI 2rters Of
the Company are in New lri5ans, but sgeuciFs
exist In all the principal cities. The enter
prise has been embossed By Underwriters,
chambers OF commerce., Engineers. Mechan-
les, practical n~avIgatOTs, and al classes OF prac-
teal men.
The foregoing facts are submitted to he pub
lie IN the CO.. hdeHb benef that they viii be IN
derstOod and appreciated.