Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-26
THE MISSISSIPPI VALLEY
Navigation Company
OF TUE
s ND IVES 7.
3 MISSISSIPPI Valley
THE OWNERS OF REAL ESTATE IN
TENNESSEE, MISSISSIPPI, Ala
BAMA AND ARKANSAS;

u.aF COMPANY ENOWNT TO THE PUBLIC
as the " Mississippi Valley Navigation
C0mpany OF the South and West, Is organ-
lied under a charter nom the STATE OF LOU
fsiana. This charter authorizes a capital
stock of i've hundred thousand doIiats' Mil
the privilege of extension 10 one millluh-
That the public may know the exact onlect OF
the Company, the third article OF the cfAftef
Is given entire as follows
THE object OF this Company Is TO con-
struCt or otherwise TO procure ana MAINTAIN
one or more STEAMBOATS, or othef vessels 70
run on and navigate the Mississippi river or
its tributaries. for the purpose OF carrying
freight. mails and passengers 70 construct
docks wharves- buildings anu such otAer con
situations as may be necessary 10 the D91iu-
ing and repairing Of vessels, aiid generally 70
exercise such incidental powers and privi-
Iegas as are hereby or may be conferred on
them for the purposes aforesaid.
The Company propose, under Lle pI9SlstonS
9ftnis cn9Tisg u e9nslE9es g ne 80 . aS fba
Mississippi river and its tributaries Ihet
will lie constructed upon the lOW-pfessufe
principle; they viii carry less steam tnsy
VIII make better time, and be IN al respecis
more SAT- than any description OF boats ever
placed upon our waters. Divided INTO as
Tinct compartments II disaster Wuetnef o4
fire or snags. shall happen 10 one, the boat IS
not endangered. In ease QI nres apparatus
~ suTDfng steam uDon il aafll be provided,
and it is demonstrated that steam is the most
efeetive eXtinguisher OF hre- IN case uhe
compartment is broken through by contact
are not endangered, and the boat cannot slnkr
= provided Tor such an emergencYs
will be in instant operation. safely 70 pas
sengers and freight rs a great emu worthy "
me struggle OF the people Of the Mississippi
Neariv 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 sub
scribing one hundred thousand dollars OF
stock TO the Company. An additloha4 SUM %
that amount viii. without IOubty DesuD-
scr1bed by the same body. me onpah
nave resolved TO a x ianas inE st1cN, 1tl3
This is the feature to which they desire 70 call
the attention Of owners OF real estate. IN Ihe
Southern states. on account OF mt uAsoIsan-
lzed condition OF labor. lands are an incum-
brance. VAST tracts that yield no revenue
the prOprietOrs. pay eNOrDtant taxes anu
thus cripple their only productive resources.
TbiS Companv propose TO take these lands at
4 fair valuation and issue 70 the ONheisl 4ett
stock in lieu. Ifland shall yaiue,
50 will the stock enhance IN value, anu mus
the land nrOprietor carry in his pocket the
eaufvalenf OF his lands, 10 be cOn.eTlsd lhtp
money or property without delay. Inc sui
cess OF this great enterprise is beyond ques-
ton, The ~sfockhOlder, in addition 70 me
benefit of the enhanced value OF his hAntss
will be part owner Of a line OF boats, ahoDs
I entitled to dividends in their earnings
Persons wishing to exchange Janus lof the
stock of the Company viii send 70 the Asent
at Memphis a description OF then. tneil pIO-
ducfive Qualities. the timber, bottom or up-
land: whether overlooked or not II over
flowed. what proportion; now near 70
cOunty-town, to railroad, depot, rlFeri anu
: mi facts necessary to afford the Company
/ satisfactory idea Of the land. Ihis may oS
done by certificates OF rel1aDle. usiHtSre4
persons residing in the neighborhood ne
present actual value Of the land i1ay oe
proved in the same manner. p1tS
( offering lands must state N MS P1JP-
/ osition the lowest figures ne VIII take.
The Company wiz not give exoroitant pfless.
rho titles must be u~nencuHpefeU ~ JUG
~ rSorteages deeds of trust, tax titles. or
ntSa-Tise RMS may be shown by on1eiai
oenSfacafes of judges, clerks, sherfEs,. orIhe
onsnions OF respectable attorneys. This Is be-
SU{pered 10 be the best opportunity TO dispose OF
1ISrolus lands in the South and West that has
vet been or can be offered.
MANY OF the best and Tealthiest citizens Of
/ the south and West are warmly embarked IN
nc enfarnrise. The General Headquarters OF
| he Company are In New Orleans, but agen-
/ eies exist in all the principal elIles. 1nsS en-
Shambers of Commerce. Meenan-
les practical navigatOrs. and ali CLASSES Of
Tha foregoing facts are Submitted TO the
n1biic in fhe confident belief that they VII
be understood and appreciated
f. Y. X
.~u Agent at Memphis.