Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-28
Mississippi Valley Navigation
COMPANY
THE
u AND WEST,
No. na carondelet stree.t New orleans.

Capital Stock, Sl,OOO,OOC
Shares (eaeh), 500 each
To the owners Of Real Estate In Louisiana.
Mississippi, Tennessee, Arkansas, Texas
and Alabama;
TNHE COMPANY KNOWN To THEPUBLIC
as the Mississippi Valley NavtEation
Company of the South and West" Is organ
lied under a charter from the State of Lou
tsiana. This charter authorizes a 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-
struet or otherwise TO procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river, or
its tributaries, for the purpose of ca -rying
freight, mails and p-assengeTs; to 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 privi-
leges as are hereby or may be conferred ON
them for the purposes Aforesaid.
The Company propose, Under fbe provision
of this charter 20 construct a line Of Low
PRESSURE Steamboats, to run between the diff
ferent ports a h Mississippi river and its
tributaries. They VIII carry less steam.
make better tins, land freight and passen-
gers without rounding-to, and. by means OF
endless chains and elevators, receive grain in
bulk and discharge It ut for shipment dt-
rectly on board the vessel intended to receive
it, instead Of the present mode Of putting it
first on shore. thereby saving time. labor and
expense. The Boats will also be divided into
distinct CONFERENCE.-The, II they encounter
snags, or any accident should happen TO the
hull, the boat will not be endangered They
VIII also have complete apparatus for extin-
gushing fire by steam, and conducting water
over the vessel for domestic usei and will be
Ia every respect safer, swifter. and better
adapted for carrying passengers aud freight,
aud at a cheaper rate than any boats now
navigating the Mississippi river.
Owing 70 the dif1culty of obtaining cash
subscriptions to any enterprise, no matter
how great its merit, the Company have de-
terminated TO receive subscriptions in Landto
the Capital Stock. In doing so, we have 1t
once a substantial basis; and a. 4 j. very
reasonably expected that witnin a short time
lands will considerable appreciate In value
this plan Will Affara us asource Of revenue
entirely sePerate n distinct, and when
added TO the expected earnings OF the boats,
cannot, In the natural course of things. faif
to make the stock a profitable Investment.
Parties having land which produces them
little or nothing but on which they are pay
ent, except at q great sacrifice, and perhaps
not ~ al, viii, ON reflection. see this to be an
excellent and unusual plan for realizing on
them, as the certificates OF stock OF a com
pany can be much N ore readily disposed Of
than lands.
over l3,0O acres Of good land have already
been offered and subscribed.
Books OF subscripttonto the capital stock Of
the Company are now open at the Office, rs
Carondeiet street, New Orleans.
Parties at q distance, desiring to subscribe
lands, must send to the local agents abb
stract of title. mortgage certificates, evidence
that the taxes have been paid, testimony OF
Responsible parties respecting the value ofthe
land, price, and, in fact, all formation ne
cessary to give the Company a satisfactory
idea OF the land offered.
BY order OF the Board of Directors.
CHAS- R BENTON, Secretary,
]. T. SWAYNE. President.