Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-03

TENNESSEE, MISSISSIPPI, ALA
BABTA AND ARKANSAS:
THE COMPANY KNOWN To THE PUBLIC
L as the " Mississippi Valley Navigation
Company Of the South and West" Is organ
lied under a charter nom the state of Lou
isiana. This charter authorizes 4 capital
stock Of five hundred thousand dollars, with
the privilege of extension to one million.
That the public may know The exact object OF
the Company, the third article OF the charter
is given entire as follows:
THE object of this Company Is to con-
struct or otherwise to procure and maintain
one or more steamboats, or other vessels TO
run on and navigate the Mississippi riVervOr
its tributaries, for the purpose Of carrying
freight, mails and ~paSseugerss 20 CONSTRUCT
docks wharves, buildings and such other con-
structions as may be necessary to the build
ing and repairing OF vessels, and generally TO
exercise such incidental powers and priyt-
leges as are hereby or may be conferred on
them for the purposes aforesaid
The Company propose, under the provisions
of this charter to construct a line of steam
ers TO run between the different ports on the
Mississippi river and its tributaries. they
will be constructed upon the iow-pressufe
principles; they viii carry less steam; they
Will make better time, and be in all respects
more safe than any description OF boats ever
placed upon our waters. Divided into dis
tinct compartments If disaster, whether 1T
fire or snags, shall happen 20 one, the boat
not endangered. In case of fire. apparatus
for turning steam upon II will be prov1dsd,
and 1t is demonstrated that steam Is the moss
effective extinguisher OF fire. In case one
COMPARTMENT is broken through by contact
with snags, and hlls with water, the 0tners
are not endangered, and the boat cannot sink
as pumps, provided for such an emergency
will be in instant operation. Safety 70 pas
sengers and freight is a great end, worthy OF
the struggle of the people OF the MISSISSIPPI
Nearly three hundred thousand dollars in
money and work has already been subscribed
10. the capital stock of the Company. me
louisiana legislature has passed a Dill SUD
scribing one hundred thousand dollars OF
mat amount viii. witho-Sa doubt, be sub
scribed by the same 3D. b company
have resolved to take lands ncr stocz, an9
this Is the feature 10 which tney desire Locah
the attention OF owners of real estate. In the
Southern States, on account OF the d1sorgan-
lied condition Of laoor. lands are an lnenm7
THE proprtetorS, pay eXorpltanL pa1esr41
thus cripple their only productive r~esea[ees.
This Company propOsetO take these lands 81
8 fair valuation and issue to the owners their
stock in lieu. Hiandss shall enhance Ehtue,
so VIII the stock enhance IN Falns, 49, H.
4 the land proprietor carry In ms Poehst tne
equivalent Of his lands, TO be eonSerreo lnto
money or property without delay. Inc sue
e fsoS Of T ms s sTsse ia ADDITION to the
benefit of the enhanced value o. nIs JANUS,
viii be part owner Of a line OF Doa.s, Snoos
Persons Wishing 10 exchange lands forthe
stock Of the COMPANY wiz send to the Agent
at Memphis 2 descr9put1 n.S ~ h Snt}s.n 55ren-
| land: whether Overnowed or notJA ofet-
| flowed. what proportion; hQy near 70
l county-town, to railroad, Depot rlNetI ALL
ali fac4s necessary to afford The Company
| SATISFACTORY idea of the land. This may De
| lone by certificates of reliable, dlslnteresoed
| persons residing in the nefghnornooa. Inc
| present actual value lof-the az may ee
proved in the sama manner. Ihe party
| Offering lands must state in his prop
| osition the lowest figures he viii take.
| The Company viii not give eN0roltant pr.ees-
| rha titles must be unencumDered by Jaog-
/ ments, mortgages, deeds of trust, tax titles. or
| ofherwise. This may be shown BY official
| certificates of judges, clerks, sherttis, or the
opinions of respectable attorneys. This is be-
| neVed to be the best opportunity to dispose Of
surplus lands in the South and West that hes
vet been or can be offered.
MANY Of the best and w~ealthiest citizensof
| the south and West are warmly embarked In
/ the enterprise. The General HeadQuarters OF
/ the Company are in New Orleans, but agen-
cies exist in all the principal cities. Inc en-
terprise has been endorsed by
| Chambers of Commerce, Engineers Mecnan-
les, practical navigators, and all classes OF
practical men.
The foregoing facts are submitted to.nne
ipublic in the confdent belief that they WI
Il be understood and appreciated-
Y.ROCKETTs
ak Aren't at Memphis.
~