Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-19
52879O
To the Owners Of Real Estate In TEN
nessee, Mississippi, Alabama and AR
kauaas.

THE COMPANY KNOWN TO THE PUB
Il lie as the g Mississippi Valley Navigation
Company Of the South and West" is organised
under q charter from the State of Louisiana.
I mis- charter authorizes capital stock of five
hundred thousand dollars, with the privilege
OF extension to one million. That the puoitc
nay know tue exact object of the Company,
tse third article OF the charter is given entire,
"The object of this Company is to construct
or othefWIse to procure aud maintain one or
more STEAMBOATS,, OF other vessels, To run on
and navigate the NJ Ssissippi river, or Its trib
utaries, Tor the purpose Of carrying freight,
mails and passengers; to Construct cocks
wharves, buildings and such other cOnstruc-
| tions as may be necessary 10 the building and
repairing OF vessels, and generally 70 exercise
such incidental powers and privileges AS are
hereby or may bs conferred on them for the
purposes Aforesaid
The Com pany propose, under the provisions
| of this charter To construct line OF steamers
| to run between the different ports on tne Mis-
| slsstppi river and its tributaries. They will be
constructed upon the low-pressure principle /;
/ they VIII cArIy less steam they Will make eet
/ ter Time, and be in all respe It's more sale than
any description of boats ever placed upon eur
waters: DIvlaed INTO distnet compartments,
If disaster, whether by IRE or snags, shall hap
pen to one the boat Is not endangered. In
case Of IRE, apparatus for turning steam upon
1t will be provided, and IL is demonstrated that
steam is the N st effective extinguisher OF IRE.
In case one com partment Is roken through by
| contact with snags, and nils with water, the
| others are not endangered. and the boat can
not sink, as pumps, provided for such an emer-
gency, viii be in instant operation. Safety to
| passengers anu A u great cHOt NOTtQN
of the struggle OF the people OF the Mississippi
| Valley,
| Nearly three hundred thousand dollars In
1 money and work has already been subscribed
| to the capital stock OF the Company. The Lou
| isiana Leg stature has passed bill subscribing
| one hundred thousand dollars of stock to the
| Company. An additional sum of that amount
| Will, without doubt, be subscribed By the
| same body. The Company have resolved to
1 take lands for stock, ana this is the feature to
| which they desire 10 call the attention OF own
/ ers OF real esta e. In the southern States, On
| account OF the disoTgauized condition OF labor
lands are an ineumbranee. Vast tracts that
| yield no revenue to the proprietors, pay exor-
| oitant taxes, and thus cripple their only pro-
| ductive resources. This Company propose to
take these lands ct fair valu 1Iion and issue TO
the owners their stock in lieu. II lands shall
enhance in value, SO viii the stock enhance in
| value, and thus the land proprietor viii carry
In his pocket the equivalent Of ms lands, to be
| converted tnto money or property without de-
lay. The success OF this great enterprise Is be-
yond question. The stOckholdeT, In addition
/ TO the benefit Of the enhanced value of his
lands, Will be part owner OF q line Of boats,
and be entitled to dividends in their earnings.
| Persons wishing 10 exchange lands for the
| stock OF the Company will SEND to the Agent at
| Memphis description OF Them, their produc-
I'VE 9S@Ses 6ns sI9DeT q p4tIom or upland
prOPo. tion how near to county-town, TO rail-
ROAD adrespot, river, and all facts necessary 10
aroN8t1e Company satisfactory idea of the
land. This may be done by certificates OF re-
liable, disinterested persons residing in the
! neighboIhood. The present actual value OF
the land may be proved In the same manDer
The party Offering lands must state in his prop.
osition tae lowest ngulos he will take. The
Company Will not give sxorbitaHt prices. The
titles must be untncumbered by Judgments
| mortgages. deeds OF trust. tax titles. or other
| wise. This may be shown by official eertih-
Gates OF juG ges, clerks, sheriffs Ihe opinions
Of respectable attorneys. This is believed 10
| be the best opportunity 70 dispose of surplus
| lands in the South and West that mas yet been
! or can be offered.
| Many of the best and weaIthiest citizens OF
the South and West are warmly embarked in
| the enterprise. The General Headquarters OF
the Company are in New orleans, bat agencies
| exist in all the principal oities- The enter
prise has been endorsed by Underwriters
| Chambers of Commerce, Engineers. Mechan-
les, practical navigators and all classes Of prac
teal men.
The foregoing facts are submitted to the pub
lie in the confident beief that they viii be un-
derstood and appreciated.