Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-09
THE MISSISSIPPI VALLEY
Navigation Company
OF THE
souTH AND WEST
To THE OWNERS OF REAL ESTATE ~
TENNESSEE, MISSISSIPPI, Ala
BAMA AND ARK SSAS-

.1NHE COMPANY KNOWN TO THE PUBLIC
Il as the e Mississippi Valley Navigation
Company of the South and West, l. organ
lied under a charter from the state OF Lou
isisns. This charter authorizes q capital
the privilege OF extension 70 one million
That the public may know he exact object OF
the Company the third article OF u charter
Is given entire as follows: .t-t
The object OF this Company Is 10 con
structO or Otherwiset TO procure and maintain
one or more steamboats, or other vessels, %
run on and Navigate the Mississippi river, or
its tributaries, FOR the puTposs Of eIrTytls
freight, mails and 70 eQnsTrEef
docks wharves, buildings and such other 3 2
structiOns as may be necessary 10 the build
ing and repairing of vessels, aud generally u
exercise such Incidental power aud prtFt-
leges a. are hereby or may be conferred on
them cor the purposes aforesaid.
The Company propose undef Ihe PROVISIONS
of this charter TO construct a line Of steam
ers 10 run between the different ports on the
Mississippi river and its tributaries. They
win be constructed upon The lOW-pressurs
principle; they viii carry less steam; they
viii make better time, and be In all respects
more safe than any description OF boats ever
placed upon our waters. Divided intO dis
ttnct Compartments If disaster, whether by
fire or snags, shall happen to one, the boat IS
not endangered. IN case OF IRE apparatus
for turning steam upon II VIII be provided.
and it IS demonstrated that steam Is the most
efectiVe extingdisher CO IRE. In case one
COMPARTMENT Is broken Trough hy contact
win snags, and fills With water. the other
are not endangered, and ING boat eaEnGt slnE
as pumps, provided for such an emergeucys
win be in instant operation. safety 10 pas.
sengers and freight is a great cad, worthy OF
the struggle Of the people OF the MISSISSIPPI
Nearly three hundrea thousand dollars in
money and work has already been subscribed
to the capital stock of the Company. The
Louisiana Legislature has passed 2 bill sub
scribfng one hundred thousand dollars OF
stock TO the Company An additional sum OF
Iscrfbed by the same body. The Company
have resolved 10 take lands for stock. and
this s the feature to which they desire 70 cali
the attention Of owners cfreaLestate; IN TIE
Southern States. on account Of the qls0FgaI
lied condition of labor. lands are an tneGAs
brance. Vast tracts that yield no revenue d
the prOpriet0rs, pay ex0rbitant taxes, an
thus cripple their only foduetlN resources.
This Company propose to take tnese ands 81
a fair valuation and issue 70 the owners their
stock in lieu. Iflands shall enhance in value,
SO will the stock enhance in value. and thus
the land proprietor carry in his POCKET the
equivalent Of his lands, 70 be eonyersed mt
money or property without delay II sue
cess OF this great enterprise Il Deyona CUES
ton The ~stockholder, in addlIlen 70 tne
benedt Of the enhanced value OF MS lands,
will be part owner Of a line of boats, and be
Emitted to dividends in their earningA
Persons Wishing - eEehange lanas iorLne
az Memphis e description OF them, their pros
|ductive qualities, the timber, bottom or up
land whether oYernowed or not' oNss-
county-tO'Tn, to railroad, DEPOT rfVeri anu
an facts necessary to afford the Company
Satisfactory IOe8 OF the hHuOa HIS nay g
done bv-certfncates of reliable. disinterested
persons residing in the neighborhood. h
present actual value OF the land may be
proved in the same manner. h party
oferfng lands must state in his prop
csiti0n the lowest figures ne VIII take.
The Company viii not CIV exorbltant prices.
The titles must be uuancumbered BY tudg-
ments, mortgages, deeds OF trust, tax titles, o
otherwise. This may Be shown BY ofnc5E
certificates OF judges, clerks, sheFids. or the
opinions of respectable attorneys. This Is be-
neved to be the best opportunity TO dispose OF
surplus lands in the South and West that has
yet been or can be offered.
Many Of the best and Wealtliest citizens OF
the South n West are warmly embarked In
the enterprise. h General H~eadqnarters OF
the Company are in New orleans, oaa agen-
eies exist In all the principal ciIles. me en-
terpr1se has been endorsed Dy
Chambers OF Commerce, knstneerss Aecnan-
les, practical nRvigatOrs, ana All Glasses OF
pI Sc4teal men.
rvs Foregoing facts are submitted to the
pdbre N me cSufdent belief that they VII
be undsrstood and a2precated
Z BECKETT,
mvm Agent at Memphis.