Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-02
THE MISSISSIPPI VALLEY
Navigation Company
souTH AND WEST.
To THE OWNERS OF REAL ESTATE ~
TENNESSEE, MISSISSIPPI, ALA
BA1EA AND Arkansas.

TNHE COMPANY KNOWN TO THE PUBLIC
"a the a Mississippi Valley Navigation
Company Of the south and West3 Is organ
lied under a charter from the state o. Lou
fsiana. mis- charter authorizes capital
stock OF i've hundred thousand dollars, win
the prtvHegc Of extension 10 one million.
/ the Company, tho third article Of the charter
fs given entire rs follows. a
object OF thtS Company is to con
\ struct or Otherwise TO procure and maintain
l one or more steamboats, or other vessels. %
run on and navigate the Mississippi river, or
its tributaries. for the purpose Of carrying
4 freight, mails anG passengers; 70 construct
docks wharves, buildings anu slcn otaer con
struct1onT rs maF be necessary 70 the oulld-
ing and repatringOf vessels, and generally to
exercise such Incidental powers n pFfyi-
leges IS are hereby OF may be conferred on
TEe Company propose, under the provisions
Of this charter 10 cQnstruef 2 uEe OF steam
ers 70 ran y dlusreltP ports on
Mississippi river and It's tributaries They
Will be Constructed upon the loT-pTessure
principle; they VII carry less steam t1ey
! viii Taake better time. and be In all respects
| more safe than any description Of boats ever
| placed upon our waters. Divided into lis
tInct compartments. If disaster, whether by
NOT endangered. In case Of IRE apparatus
for turning steam upon II VIII be proyiueu,
and IL demonstrated tnaL steain Bt1emosl
elective e~ztlagu1sheT OF nre- IN case one
compartment ) broken through bF contact
with suags, and Ills with water The others
are not endangered, and the boat annetstnk,
/ as pumps, provided for such an emergency
will be IN instant operation. Safety TO pas
sengers and freight Is q great end, worthy OF
the struggle Of the people CT the-Aisslssippi
Nesriy three hundred thousand dollars In
money and Eork has already been moseTt6sd
to the capital stock Of the CumpEnTs The
| louisiana legislature hes passed
| scribfng one hundred thousand dollars OF
stock 70 the Company. An sum o.
scribed by the same body. The Company
have resolved to take lands Tor STOCK,
this Is the feature to which they desire 70 call
the attention Of owners ofreal estate N the
southern states. on account OF the dSorgan-
tied condition orlabor. lands are an inenm-
I brance. Vast tracts that yield no revenue a
the proprtetors, pay exornitant taxes, q
/ TINS cripple their only productlye resources,
This Company propose 20 take Snese laa1s e
! stock in lieu. Iflau5sshaH enhance in value,
| so will the stock enhance In value and thus
s6 5egitSS6 1S P[ - sis IsBSs 81 he eonveTtes into
/ money or property without delay. The sue-
cess OF this great enterprise Is beyond ques-
tiOn. The ~s1Ockholder, IN addition 70 the
| benefit OF the enhanced value Of his lands,
/ -tll be part owner OF a-Itne OF boats, and Dc
entitled 70 dividends In their aInings
Persons wishing % exchange lands for the
stock OF the Company WI ssnd % the Agent
| at Memphis a description OF them their pro-
duetive qualities, ne tln9er, bottom or ?
4 flowed. what proportion; how near 70
| county-t0wu, 70 railroad, DEPOT river and
| Satisfactory idea OF the land. This may be
! lone ~ certificates of reliable, d1sfn1erested
| persons residtRg in the neighborheod. The
/ present arSuaf value OF the land may be
proved IN the same names. he party
i ORerfnE lands mast state In bis prop
osition the lowest figures he VIII take
The Company viii not give exorbitant prices
The tales must be unencumbered BY judg-
nens, mortgages. deeds OF trust, tax titles, OF
Otherwise This may be shown by omeisi
certificates Of Judgea, clerks, sherids orthe
opinions Of respertah1e attorneFs. This 4 BE-
heved % be the best opportnnifE 70 dispose of
Surplus lands IN the south and West that has
Fet been or can be offered. I0 b..
Many of the best and Eaaithiest citt5aa3 o.
the South and West are warmly en1barkedt n
the enterprise. The General Hea-tquaFters OF
tho Company are In New Orleans, bat ageos
1 e1es exist in all the principal elites Ihe en-
terpfiBe has been endorsed By erWrI
Chambers Of Commerce. Engineerss Aaenans
les, practical nsvfgatOrs, and AL CLASSES u
practical men.
The foregoing facts are submitted 70 tne
public in the confident belief that they WI
be understood and appIecisted.
E. Y. Rocket,
my IS Agent at Memphis