Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-14
To the Owners of Real Estate In ZEN
nessee, Mississippi. Alabama aEdrA Ar
kansasf


VHE COMPANY KNOWN TO TIE PUB
lie As the Mississippi Valley Navigation
Company OF the South ana West, is org MD
under a ohaItsr from the Site OF Lou slsua.
TEls charter authorizes q capitol stock OF nvs
hunGred thousand dollars, With The privilege
of extension to one million. That the pubic
may know the exact object OF The Company,
the third article o. tie charter is given entire,
as follows:
the object Of his Company IS to construct
or OtherWIsa to prcCurs anu maintain one or
moro steamboat, or other vessels ID nm on
and navigate the N ssissippi river, or It's trlb-
utar1es, TOT the purpose 81 CarryD.g freight,
mails and passengers 10 {. uAtruct cocks
Whsrses, ~Ou1idiues and such Oh Ct coDsiruc-
tons as may % necessary % the buidiTg end
repairing Of vessels. ana generally 10 exercise
such incidental powers ana privileges as are
hereby or may D. cOnl6TTso On them for the
purposes aiOresaid
p Company propOs7, under the provisions
OF this charter TO cOustTuct = Inc u steamers
10 run between the different ports on tie Mis-
sisstppi river and its tribuIaries. They will be
constructed upon he low pressure principle;
hey Will cary less steam they viii make net
ter time, and be in all resps Is mcTe sale lhan
any description Of boats ever placed upon cur
waters Divided into distinct co partments,
il disaster, whether by mre OF Suagz, shall hap
pen 70 enc, Inc pOaL Is TO- endangered IN
case Of IRE, apparatus iOr turning ste Ia upO
II Will be PROVIDED aGd IL is demonstrated mat
steam is the m 81 Ell cave xtin2uI her Ct nre.
In case one compartment is roksH through by
contact with slags, ami Ills With Wster, the
others sre not endangered. ana the boat pan
not sink, as pumps. provided or sDch an emer-
geney, Will b. in instant operation. Safety to
passengers and freight is a great end, worthy
of the struggle OF the people Of ths Mississippi
Valley.
N~esrIythree hundred thousand dollars in
money ana wOrE hiss alre-dy been subscribed
to the capital stock Ofthe Company. The Lou
isians Leg stature has passed q oil subscribing
enc hundred tuOusand Dbl IS Of STOCK to The
Company. An additional sum Of that amount
wall, Without q doubt, be subscribed Oy the
same DSdy. Inc company nave resolved TO
lake LANDS Tor stock, ma mis- f. the feature to
which they des1 10 cali the attention OF own
ers of real eta Q. In the southern States, on
account OF the dlSOl gan1zed co d1t.on Of lab5r,
lands are an tncuInbrauce. Vast tracts that
yield no revenue to tue prOprietOrs. pay exOr-
Ditant taxes and thus cslppse their only pro-
duetive resources. Ibis company propose TO
take these lands at & fair Valu 4lou and fssusto
the owners their stO k ia lieu. II lands snail
enhance in value, 50 viii the EtOcE enhance In
Yalue. and thus the land proprietor VIII carry
in his pocket the equivalent OF his lsuds, 20 be
converted into money or property Without de-
lay. Tn success OF This sreat enterprise is be-
yOnd question. The ~st0ekhOl1ef, in addition
TO the benefit Of the enhanced value OF his
lands, will be part owner ui a iins VI bOsIs,
and be entitled to dividends in heir earnings.
Persons wishing 10 exchange lands Tor the
stock of The Company will send to The Agentat
Memphis q description OF JheIr, tneir pIOduc-
tive qualities. the timber, bottom or upland
whether OVeTnOWeuQI moi II O~vef1OWed, what
ProPO, ton how ne7stO county-tOwD, to rail-
road, depot nYer. ana ali facts necessary 10
afford the Company a satisfactory idsa OF the
land. This msy be duns By certificates OF re-
lab e, distntsreste1 persons residing in the
neighborhoOd. The present actual value OF
the land msy be proved in tue same msnner.
The party Offering lands must slale in his prop
OsitiOn TIE lowest ngu Is he viii take Tns
company will not give exOrbitaHt Eicss- The
Titles must be BY judgments,
mortgages deeds OF uuzt. tax titles. or other
wise his may be shown by Official ceTtl1-
Gates or juGg es. clerks. sher1ts. or the opinions
OF respectable attorneys. Tnis is believed to
be the best opportunity to dispose Of surplus
lands in the South and West that has yet been
OF can be offered.
Many of the best and Wealthiest citizens OF
the Enu1h and West i. rwurun4r ankurHnd in
the enterprise. Tue General headquarters OF
the Company 2retn New 4risRns, bat agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
N OF commerce, Engineers. Mechan-
les, practical navIgaBOrs, and al classes Of prac-
teal men.
The foregoing facts are submitted 10 The pub
lie IN the COZ ndent bsifef that they VIII be IN.
derstOod ana appreciated.