Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-17
THE MISSISSIPPI VALLEY
Navigation Company
Or THE-
SOUTH AND WEST.
TO THE OWNERS OF REAL ESTATE -
TENNESSEE, MISSISSIPPI, ALA
BAMA AND ARKANSAS:

FTVHE COMPANY NOW TO THE PUBLIC
L as the Mississippi Valley Navigation
Company of the South and Vest is organ
lied under a charter from the State of Lou
isiana. This charter authorizes a capital
stock Of i've hundred thousand dollars, with
the privilege of extension TO one million.
That the public may know the exact object Of
the Company, the third article OF the charter
THE object OF this Company is to CON
stFuntO or otherwise to procure and maintain
one or more steamboats, or other vessels, to
run on and navigate the Mississippi river, or
its tributaries, for the purpose Of carrying
freight, mails and passengers; to construct
docks wharves, buildings and such other con-
struet1ons as may be necessary to the build
ing and repairing of vessels, and generally to
exercise such incidental powers and privi-
leges as are hereby or may be conferred on
them hr tae purposes Aforesaid
The Company propose, under the provisions
of this charter to construct a line OF steam
ers TO run between the different ports on the
Mississippi river and its tributaries. They
VIII be constructed upon the lOW-pressure
principle; they viii carry less steam; they
VIII make better time, and be IN al respects
E2ore safe than any description OF boats ever
placed upon our Eaters. Divided into dis
unct compartments If disaster, whether By
fire or snags, shall happen to. one4the boat Is
not endangered. In case OF fire, apparatus
for turning steam upon 1t viii be provided,
and II ts7demonstrated thatBteam Is the most
compartment Is broken through b. contact
with snags, and Ills with water, the others
are not endangered, and the boat cannot sink,
as pumps, provided for such an emergency,
VIII be in instant operation. Safety to pas
sengers and freight is a great end, worthy OF
me struggle OF the people OF the Mississippi
Nearly three hundred thousand dollars in
money and work has already been subscribed
70 the capital stock Of the Company. The
Louisiana Legislature has passed a bill SUBJ
seribing one hundred thousand dollars of
stock TO the Company. An additional sum OF
scribed BY the same body. The Company
have resolved to take lands for stock, and
ms IS The feature to which they desire to call
the atleIn1ensoG oRners ofreal estate. In the
Southern States, on account Of inc dl5organ-
lied condition of labor, lands are an incum-
brance. Vast tracts that yield no revenue
the proprietors, pay eXorbitant taxes, an
thus cripple their only productive resources.
This Company propose 10 take these lands az
a fair valuation and-issue 70 the owners their
stock in lieu. If land shall enhance in value,
so will the stock enhance in value, and thus
the land proprietor carry IN MS pocket the
elgiyGIenb Of his lands, to be converted into |
Insnesscr propeftT Wlthout delay. The sue /
cess OF this great enterprise IS beyond -quSs- |
zion. The stockholdef, in addition to the /
viii be part owner OF a line of boats, and be /
entitled to dividends in their earnings.
Persons wishing 70 exchange lands for the 1
stock Of the Company viii send TO the Agent
at Memphis a description Of them, their pro,
qualities, the timber, bottom or up
land; whether overiOwed or not; II over
flowed, what proportion; how near to
cOunty-town, to railroad, depot, river; and
all facts necessary to afford the Company a /
~ ~ III A3A AlAH ulAN Dt y
lone by certificates Of reliable, disinterested T
persons residing in the neighhorhoOd. The
actual value of the land may be
proved in the same manner. The party
offering lands must state in his prop
osttion the lowest figures he will take.
me company viii not give exOrbitaut prices.
the titles must be unencumbere by Judg-
nents, mortgages, deeds of trust, tax titles, or
This may be shown by Official
cert1rcates of Judges, clerks, sherins, or the
opinions OF respectable attorneys. This is be-
teyed to-be the best oppOrtunity to dispose OF
sprplAS lands in the 3outh and Vest that has
TeL been or can be offered,
Many Of the best and Wealthlesb citizens OF
The South and West are warmly embarked IN
The enterprtae. The General headquarters OF
.he Company are In New Orleans, but agen-
exist in all the principal cities. Ihe n
lerprise has been endorsed by Underwriters,
Chambers of Commerce, Engineers, Mechan-
cs, practical navigators, and all classes Of
practical men.
The foregoing f9cts are submitted to the
public in the confident belief That they viii
De understood and appreciated.
r. Y. Rocket,
my % Agent az Memphis.