Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-04-24
THE HISSESSlPPI VALLEY
NAVIGATION COMPANY
Or THE
S OU tn AND IVES T.
TIE MISSESSIPPI VALLEY
s TIL AND IVES t.
To the Owners or Real Estate I'm Ten
nessee, zzIssissippI. Alabama and Ar
kansas:
kansas

PHE COMPANY KNOWN TO THE PUB.
4 lie rs the " Mississippi Valley Navigation
Company of the South and West," :" is organized
under a chaIser from the State of Louisiana.
This charter authorizes capital stock Of i've
hundred thousand dollars with the privilege
OF extension To one million. That the pu0ltc
may know the exact object of the Company,
the third article OF the charter is given entire,
as 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 trfb-
uJaIles, lor the purpose OF carrying freight,
mails ana passengers to construct docks
WnerVsS, buildings and such other construc-
lions as may De necessary to the building and
repairing OF vessels, and generally 10 exercise
such Incidental powers and privileges AS are
hereby or may be conferred on them for the
purposes Aforesaid.
The Company propose under the provisions
or this charter 70 construct line OF steamers
10 run between the different ports On tne Ms
SlsSippi river and its tributaries. They will be
constructed upon the low pressure principle /;
they will carry less steam they will make bet
ter time, and De in all respects more SAFE Than
any description OF boats ever placed upon our
waters. Divided into distinct compartment Is
If disaster, whether by nre or snags, shall hap
pen TO one, the boat is not endangered. IN
case OF nre, apparatus for turning steam upOu
1t will be provided, and il is denonstra led thRt
steam is the most effCcsiVs extnguisher of ire
IN case one compartment Is urOken through by
contact WitI snags and fills with water the
otneE5 are not endangered. and the boat ezn-
not sink, as pumps, provided for such an eIner-
gency, Will be in instant operation. Safety to
passengers snd freight Is a great end, worthy
of The Struggle Of the people of the Mississippi
Valley.
Nearly three hundred thousand dollars in
money ana WORK has already been subscribed
TO the capital stock OF the Company. The Lou
tslann Leg stature has passed a bill subscribing
one hundred thousand dollars OF stock 10 tht5
Company. An additional sum of that amount
VIII, without doubt, be subscribed by the
same body. The Company have resolved TO
take lands FOR stock, ana 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 disorganized condition OF labor
lands are an incumbrance Vast tracts that
yield no revenue to the proprietors, psy exor-.
bltant taxes, and thus cripple their only pro-
ductiv9 resources. This Company prOnfss in
take these lands at fair valuation ana 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 will carry
il his pocket the equivalent of his lands, to be
converted InjO money or property without de-
lsy. The success of this great enterprise is be-
yOnd question. The stOcEh0luer, in addition
to the benefit of the enhanced value OF hts
lands, viii be part owner OF line OF boats
ana be entitled 10 dividends in their earnings
Persons wishing to exchange lands for the
stock Of the Com pany will senu to the Agent at
MeInp description OF them, their pTOduc-
tive qualities. the timber, bottom or upland
whether OVeTfOWeu or not il OVerfiowed what
prOpOl ton now lear 10 county town. to rail-
road, depot river, and all facts neeessarv m
afford tha CJlapsny a satisfactory idea of the
land. This may be done by certificates of re-
liaD!et uislhbeTtsle1 persons r6sldlng IN the
The present actual value OF
the land may be proved in the same manner.
FIWRrty Offering lands must state in his prop
osTrr0n tle lowest hguIes he VIII take. The
Company viii not give exoFbitRat prices. The
titles must oe unencu mbsred by judgments,
mortgages. dssds " aust. tax titles. or other
wise. has may be shown by official certif-
Gates OF JUG ges. clerks. sh5riffs Iha opinions
Of Respectable attorneys, This is believed to
be the best opportunity 20 dispose OF surplus
lands In the Soutn and West thst has YET been
or can be offered.
the SOalh and WOst are warmly en- baIked in
he enter Prise. The General Headquarters of
the Company are in New Orleans. bat agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers OF Commerce, Engineers. Meohan-
cs, practical nav gators and all classes Of prac-
.ical men.
The foregoing facts are submitted TO the pub.
io in the confident belief that they will be un-
ieTstood and appreciated.