Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-05
The MISSISSIPPI VALLEY
NAVIGATION COMPANY
OF The
s OU TIL AND w ES T.
s OUTH AND WEST
TO the Owners OF Real Estate I'm Ten
nessee, MississiPpt. Alabama and Ar
kansas:

VHE COMPANY KNOWN TO THE PUB
i lie As the ' Mississippi Valley Navigation
Company of the South anu West is org snized
under a cnaztsr frcm the State OF louisiana.
7 bis charter authorizes a capital stock OF five
hunared thousand dollars, with The privilege
of extension to one million. That the puollc
may know the exact object of the Company,
the third article OF the charter is given entire,
as follows:
'tThe object Of this Company is 70 construct
or otherwise To procure and maintain one oT
more steamboats,, or other vessels q run on
and navi gate the Mississippi river, or Its triD-
utartes, lOr the purpose OF carrying 9 freight,
mails and pass engers; to construct cocks
Wharves, buildings and such other consiruc-
tions as Eeay be necessary 10 the building and
repairing OF vessels, and generally 70 exercise
SO en- incidental boWers and privileges as are
hereby or may DO conferred on them for tas
purposes afOrssalI
The Cons pany propose, under the provisions
OF this charter 10 construct a line OF steamers
to run between the different ports on the MS
slssip ppi river and its tributaries. They will be
constructed upon the low pressure principle !;
they viii AIRY less steam (; they will make BET
ter time and De in all respects more safe than
any description Of boats ever placed upon eur
waters. Divided into distinct compartment ts
il disaster, whether by hre or snags, shall hap
pen to one the boat Is not endangered. In
case of IRE, apparatus ior turning steam upon
it viii be provided, and II Is demonstrated hat
steam is the mcst enteltYe ingulsher of fire
In case one com partment Is nroken through by
contact with snsgs, and his with water, the
others are not endangered, and the boat can
not sink, as pumps provided for such an emer-
gency, Will be in instant operation. Safety 70
passengers and freight is great end, worthy
OF the struggle of the people OF the Mississ1ppi
Valley,
money ana WORK has already been subscribed
to the eRpi tai stock OF the Company. The Lou
isiana Legi stature has passed Dill subscribing
one hundred thousand dollars of stock to the
Company. An additional sum Of that amount
will, without q doubt, be subscribed by the
take lands tor stock, and Inis is the feature to
which they desire 10 cali the attention or own
ers Of real estate. IN the southern states, on
account of the di3orsan1zed condition Of labor,
| lands ara an incumbranee. Vast tracts that
| yield no revenue to the proprtetOrs, pay ex0r-
] bitant taxes, and thus cripple their only pro-
ductive resources. This Company propose to
take these lands at q fair valuation and issus TO
the OwnsTs JheiF stock in Lieu. II lands shall
| value, and thus the land proprietor viii carry
in his pocket The equivalent OF his lands, TO be
converted ioto money or property without de-
lay. The success OF this great enterprise Is be-
| yOnd question, Ths Rtockholder, in addition
| 70 the BENEFIT Of the ENLARGED value OF his
/ lands, will ee part owner OF line Of boats,
and be entitled to dividends in their earnings.
Persons wishing 70 exchange lands for the
stock Of the Gem lly VIII send TO the Agent at
| NJ IN phis q description of Them, their produc-
tive qualities. the timber, bottom or upland /;
whether overlooked or not; if oveIhoWed, what
/ propo, ton how near 10 county-tOWn, to rail
/ road, depot, river, and all facts necessary 70
afford the Com pany a satisfactory idea of the
/ land. ThiE may be done BY certificates of re-
| liable, disint. rested persons residing in the
neighOOrhOod. The present actual value OF
/ the land may be proved IN the same manner.
The party Offering lands must state In his prop
/ osition the lowest ngu es he Will take. The
| Company viii not give exorbitaEt prices. The
| titles - be unencumbered by judgments,
mort Zag5s. dseds or IuAt. tax titles or other
/ wise. This may be shown by official certih-
Gates OF juGg clerks, shsrIfs, OF the opinions
/ OF respectable attorneys. This is believed 10
/ be the best opportunity to dispose or surplus
lands in the South and West that has yet been
or can be offered,
| Many Of the best and wealthiest citizens of
/ the south sad West are warmly embarked in
| the enterprise. The General Headquarters OF
/ the Company are IN New orleans, but agencies
exist in ali the principal cities The enter
/ prise las been endorsed by Underwriters,
Chambers OF commerce, Engineers. Mecnan-
les practical nav igaJors, and all classes Of pTRc-
/ tical men.
The foregoing facts are submitted to The pub
lie in the confident belief that they Will oe IN
/ derstOOd ana appreciated.