Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-20
~ w al EGSA4SM I'm rs
The MISSISSIPPI VALLEY
NAVIGATION COMPANY
- OF THE-
S o II AND w s IT.
S o It AND WEST.
30 the Owners of Rear Estate Ia Ten
nessee, Mississippi, Alabama and Ar
kansas:

THE COMPANY KNOWN TO THE PUB
TIC as tAe" 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
OF extension to one million. That the pubic
may know the exact object of the Company,
as follows
"rhe object OF this Company is to construct
or otherwise to procure and maintain one or
more STEAMBOATS,, or other vessels, 70 run on
anu hsVigate the mississippi river, or its trlb-
utarles, Tor The purpose of carrying freight,
mails ana passengers to construct cocks,
WharVes, buildings and such other construc-
tlon- as may be necessary 10 the building and
repairing OF vessels, and generally 10 exercise
such Incidental powers and privileges as are
hereby or may % conferred on them for the
| purposes aforesaid
The Company propose, under the provisions
or this charter 10 construct a line Of steamers
sissippi river and its tributaries. they will be
constructed upon the OW-prCssure principle:
they Will carry less steam they will make Get
Ter time, and De IN all respects more safe than
any description OF boats ever placed upou eur
waters. Divided into distinct compartments.
IL disaster, whether by IRE or snags, shall han
pen to enc, the boat is not endangered. In
case OF IRE, apparatus for turning steam upon
II will be provided, aud IL is demonstrated That
steam Is the NEST eff Give eXtinguisher OF IRE.
In case one compartment Is Erokeh through by
contact with SnRgs, and nils with water. the
others are not endangered. and the boat can
not SINK as Jumps, provided for such an emer-
| gency, Will BE- in instant operation. Safety to
passengers ana freight is a great end, worthy
Valley.
Nearly three hundred thousand dollars In
money ami WORK has aITe. dy been subscribed
TO the capital sock OF tie Company. The Lou
isiana Legislature has passed a oil subscribing
one hundred thousand d0ll4ns OF stock to the
Company. An additional sum OF that amount
Will, without "a doubt, be subscribed by the
same body. 1he Company have resolved 80
lake lands for stock, and tnis is the feature TO
which hey desire 10 call the attention OF own
ers of real esta g.. In the southern States. On
account of the disorganized condition of labor,
lands are an 1ncDlnbranee Vast tracts that
yield no revenue To the propIietOrs, pay exor-
bltant taxes, and thus cripple their only pro-
ductive resources. This Company pr1f-oSe IN
take these lands at a fair valu lliOn and issue TO
the owners their stock in lieu. II lands shall
enhance in value, so Will the stock enhance in
value, and thus the land proprietor will carry
in his pocket Ihe equivalent of his lands, to be
converted 11to money or property without de-
lay. The success OF tins great enterprise is be-
yOnd question:. the b~tCckhOldeF, in addition
TO The benefit of the enhanced value OF his
lands, Will he part owner OF u line OF bOais.
and be enbitied to dividends in their earnings.
Persons wishing 10 exchange lands for tae
stock OF the Company will SEMI 70 the Agentat
Memphis a description Of Them, their produe-
tive qualities. the timber, bottom or upland /;
whether Overfiowed or not if over Towel, what
propo. ton how near 10 cOunty-town, t. rail.
road depot river, and all facts necessary 10
a1ord the Company a satisfactory idea OF the
land. This msy be done by certificates OF re-
liable, disinterested persons residing In the
neighborhOod, The present actual value OF
the land msy be proved in the same manner.
The party offering lands must state in his prop
ostt1on tne lowest nguies he viii take. The
Company will not give exorbitast lriees. The
titles must be uD-tncumbered by Judgments.
mortgages. deeds or trust. tax titles, or other
wise. 1his may be shown by official teTtld-
Gates OF Judges. clerks. sbeEiffs, or the opinions
Of respectable attorneys. This is believed to
be the best opportunity 10 dispose of surplus
lands in the South ana West thzJ las Yet been
or can be offered.
Many OF tho best and wealthiest cltizsns Of
me SCUM ana West are warmly embarked in
the enterprise. The General Hesdguarters 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, Mechan-
les, practical nayigALOrs, and all classes Of prac-
teal men.
The foregoing facts are submitted TO The pub
lie ia the cor ident belief that they will be IN
derstood and appreciated,