Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-27
s AND WEST.
To the Owners of Real Estate I'm Ten
nessee, Mississippi. Alabama and Ar
kansas:
kansas :

He COMPANY KNOWN TO THE PUB-
4 lie as the Sc Mississippi Valley Navigation
Company Of the South anu West, is -erganizsd
under a cnarter from The State of Louisiana.
Tbs Charter authorizes a capital stock Of i've
nunCred thousand dollars, with the privilege
of extension to one million. That the public
Lay know the exact object of the Company,
the third article OF the charter is given entirs,
as follows
~rhe object Of this Company Is to construct
OF otherwi SO to procure ana maintain one or
more steamboats,, or other vessels. 70 run on
and navigate the Mississippi river, or lis trib-
ntaries, LOT The purpose Of Carrying Irsight,
WnarVss, Oulldiuss and such other CONSTRUCT
lions as may De necessary 10 the building and
repairing OF vessels, and generally 70 exercise
such incidental powers ana privileges As are
hereby or may Be conferred on them for the
purposes Aforesaid
The Company propose, under The provisious
OF ms charter 20 construct a line OF steamers
TO run between the different ports on the dis
sisslppl river ana It's tributaries. They will be
constructed upon the low prtssursp principe:
they will carry less steam they viii make Bet-
ter time. and De In ali respe Is mere safe lhau
any description OF boats ever placed upOn our
waters. Divided into distinct CON psTtments,
II disaster, whether by IRE or snags, shall hap
pen 70 enc, the boat is nos endangered. IN
case OF IRE, apparatus Tor turning steam upon
II Will De provided, and 10 is demonstrates mat
steam is the IN Sc EN- GIVE eXEnguiSher Of dre.
In case one compartment Is rOken through BY
contact with sRags, and nils with wzter, the
others are not endangered. and the hoat can
not sink. as pumps. provided Tor such an emer-
gency, Will b. in'fnstant operation. safety TO
passengers ana freight is a great end. worthy
Of Ihe struggle Of the people II he Mississippi
Valley.
Nearly three hundred thousand dollars in
money and WORK has airszdy been subscribed
to the capital stock OF the Company. The Lou
lslanG Leg. stature has passed a oIli subscribing
one hundred thousand dolitrs OF stock to the
Company. An additional sum OF that amount
Will without q doubt, be subscribed by ths
same body. Tbs COmpsny have resolved TO
take lands for stock, ana mis- is the feaIare to
which uhsy desire 10 cal the attention Of own
ers OF real es;a g. In the Southern States. On
aecCunf Of the GisOTganized condition OF labor,
la1cs srs an inCumbranCe. Vast tracts that
yield no revenue % the prOprietOrs, pay eXor-
b-Eaut taxes and mus crippie Jneir only pro-
Cuctve resources. This COmpany propose TO
taks these lands at a fair valu ltiOn and ssuetO
the owners their stock in lieu. II lands shall
enhance in value. so win the stock enhance in
value. and thus the land proprietor VIII carry
IN his pocket the equivalent OF his lands, 10 be
converted latO money or property Without de-
lay The success Of his great enterprise Is be-
yODd question. The sgocKhOlCsr, IN addition
10 me eenent Of the value OF his
lanes, viii be part owner % q line Of boats,
and be entitled to dividends in their earnings.
Persons wishing 10 exchange Iands for the
stock Of the Company viii send TO the Agent at
Memphis a description of them, their pTOduc-
tive qualities. the timber, bottom or upland
whether Overlooked or not; il O~vsrhOwed, wBaG
proportion ; how near TO cOunty-tOWn, to r9il-
road, depot, river, and all facts necessary 10
afford the Company a satisfactory idea OF the
land. This may be zone by certificates OF re-
liable, disinterested persons residing in the
re ghb0InDOd. The present actual value Of
the land may be proved in the same manner.
The party Offering lands musssiate in his prop
csitiOn the lowest figures he will take. The
Company will give eKorDitaat prices. The
titles must De by Judgments,
mortgages deeds OF must. tax titles or other
wise. Ibis may be shown by official certin-
Gates OF JuG ges. CLERKS, sherlds, or The opinions
Of respectable attorneys. This Is believed 10
be the best opportunity to dispose of surplus
lands in the south and West that has yet bsen
or cau be offered.
Many of the best and weaIthiest citizens OF
the EnuFh and West ara VarunsV am al in
the enterprise. The General Headquarters Of
the Company are in New orleans, bud sgsRcies
exist in all the principal cities The enter
prise has been endorsed oy Underwriters,
m OF commerce, Engineers. Meohao-
les, practical nayigaJOrs, and all claSsesof prae-
teal men.
The foregoing facts are submitted to he pub
lie IN the confident bsiief that they viii be un-
derstOOd ana appreciated.