Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-16
NEW ADVERTISEMENTS
The MISSISSIPPI VALLEY
NAVIGATION COMPANY
- OF THE
s o AND w EST T..
s o AND E. t.
30 the Owners of Real Estate in Ten
nessee, Mississippi, and Ar
kansas:


kansas;
THE COMPANY KNOWN TO THE PUB
4 lie as tRe 4" Mississippi Valley Navigation
company of the South and West, is organized
under a charter from the State OF louisiana.
This charter authorizes a capital stock of five
hundred thousand dollars, with the privilege
or extension to one million. That the pubic
may know the exact object of the Company,
the third article OF the charter is given entire,
az follows:
the object OF this Company is to construct
or otherwise to procure and maintain one or
more STEAMBOATS,, or other vessels, To run on
and navigate the Mississippi river, or its trib-
utaries, Tor the purpose OF carrying freight,
mails and passengers to construct cocks,
wharves, buildings and such other c0nstruc-
tons as may be necessary TO the ouildlI z and
repairing OF vessels, and generally 70 exercise
such incidental powers and privileges AS are
hereby or may be conferred on them for bne
purposes Aforesaid"
The Company propose, under the provisions
OF this charter 10 CONSTRUCT a line Of steamers
TO run between the different ports on the MS
slssippt river and its tributaries. They will be
constructed upon the low-pressure principle;
they viii carry less steam they Will make bet.
ter time, and pc in ali respects mere safe Than
any description Of boats ever placed upon eur
waters. Divided into distinct compartments,
II disaster, whether by fire or snags, snail hap-
pen to one, the boat is not endangered. In
case or nre, apparatus for turning steam upOu
II will be provided, and IL is demonstra5 Jed mat
steam Is the most Ell, Give eXtinguisher OF fire.
In case one compartment is broken through by
contact with snags, and Hills with water, the
ObQ6TS are nDb enuduSefeu, ana the boat can
not SINK as pumps, provided for such an emer-
gency, will DO in instant operation. Safety to
p passengers and Ireignt is a great end, worthy
Of the struggle of the people Of The Mississippi
Valley.
Nearly three hundred thousand dollars In
money ami wurK has already been subscribed
TO the capital stock 0fthe Company. The Lou
isiana Leg stature has passed a bill subscribing
one hundred Thousand dollars of STOCK TO the
Company. An additional sum OF that amount
Will, without a doubt, be subscribed by the
same body. The Company have resolved to
take lands for stock, and Inis 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 diSOTganized condition OF labor,
lands ara an tncumDrance. Vast tracts that
yield no revenue to the proprietOrs, pay exor-
bltant taxes, and thus cripple their only pro-
ducttve resources. This Company propose to
take these lands at 8 fair vaIu iiicn and issue to
the owners Jhelr stock in lieu. II lands shall
enhance in value, SO VIII the stock enhance in
value, and thus the land proprietor will carry
IN ms pocket the equivalent of MS lands, To be
CONVEX ted toto money or property without de-
lay. The success of this great enterprise is be-
yOnd question. The sJOckhoiuer, in addition
TO the benefit Of the enhanced value OF his
lands, will be part owner OF q line Of bOaIs.
and be entitled to dividends in their earnings.
Persons wishing 10 exchange lands FOR the
stock of the Ompan will sSuu to the Agentat
Memphis a description or them, their prOduc-
tive qualities. the timber, bottom or upland /;
whether overlooked or not; if over howeJ, wna5
proportion how near 10 cOunty-tOWn, to rail-
road, depot, river, and all facts necessary 10
afford the Company a satisfactory idea of the
N-Ns -- -a - A%@AS ~ VI AE-
Liable, disinterested persons residing in the
neighbOIhOOd. The present actual value OF
the land msy be proved in the same manner.
The party Offering lands must STAKE in his prop.
Osinon tie lowest hgui es he viii take. The
Company Will notgiVee XOrbitaht prices. The
titles must Do by Judgments,
mortgages. deeds OF Jrust. tax titles, or other
wise. 1his may be shown by official Cartih-
Gates OF JUDGES. clerks. Sh5rIfIs, or tha opinions
Of respectable attorneys, This IL believed TO
be the best opportunity 90 dispose OF surplus
lands in the south and West that has yet bsen
az can be offered.
the South and West are warmly embarked in
the enterprise. The General Headquarters OF
the COmpany are in New orleans, but agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters
OF commerce., Engineers. Mechan-
les. practical navigaJors, and all classes of prae-
tical men.
The foregoing facts are submitted to the pub
lie in the confident belief that they Will be I'M
deTstOOd and appreciated,