Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-05-01
Az a v IVA ~ N
TIE MISSISSIPPI VALLEY
NAVIGATION COMPANY
or THE
s OUT TIL AND w E S T.
To the Owners of Real Estate in Ten
nessee, Mississippi, Alabama and Ar
kansas:



DHE COMPANY KNOWN TO THE PUB
i lie as the " 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 nve
hundred thousand dollars with the privilege
of extension TO one million. That the puDlie
may know the exact object OF the Company,
the third article OF the charter is given entire,
"The object OF this Company is to construct
or otherwise to procure and maintain one or
and navigate the Mississippi river, or its trtb-
utaries, Tor the purpose OF carrying freight,
mails -nd passengers to construct COCKS
Wharves, buildings ana such other construc-
tions as may be necessary to the building and
repairing OF vessels, and generally TO exercise
such incidental powers and privileges as are
hereby or may be conferred on them for the
purposes afOresaiI
The Com pany propose, under the provisions
OF tnIs chsIJeE 20 construct q Hne OF steamers
TO run DetWeen the dlHerenb porL5 on tne Mis-
slssippi river and its tributaries. 1hey will be
constructed upon the low-pressure principle
they viii carry less steam (; they will make Bet
ter time, and Oe IN all respects more safe than
any description OF boats ever placed upon our
waters. Divided into distinct con partments,
if disaster, whether by fire or snags, shall hap
pen to one, the boat is not endangered. In
case OF FIRE, apparatus for turning steam upon
It will be provided, and it is demonstrated that
steam is the most effective eXtlnguisher OF nre.
In case one compartment is brOkeR through by
contact with snags, 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 great end, worthy
OF the struggle OF the peoPleof the Mississippi
Valley.
Nearly three hundred thousand dollars in
money ami WORK has already been subscribed
to the capital stock OF the Company. The Lou
isian2 Legislature has passed a bill subscribing
one hundred thousand dollars Of stock to the
Company. An additional sum OF that amount
will, without doubt, be subscribed by the
same body. The Company have resolved TO
take LANDS for stock, and this is the feature to
which they desire 20 call the attention OF own
ems 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 propr:etOrs, pay exOr-
bitaut taxes, and thus cripple their only pro-
ductIve resources. This Company propose to
take these lands at fair valusIion 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 the equivalent of his lands, to be
converted iutO money or property without de-
lay. The success OF this great enterprise is be-
yOnd question. The sJockhOlder, in addition
70 the benefit OF the enhanced value OF his
lands, viii be part owner OF a line OF boats,
and be entitled 10 dividends in their earnings.
Persons wishing to exchange lands for the
stock Of the Company Will senu to the Agent at
Memphis description of them, their prodae-
tive qualities. the timber, bottom or upland /;
whether OvertOW5G or lOtt if OveThOwed, what
propoi ton how near 10 county town, to rail-
road depot, river, and all facts necessary 10
afford the Company a satisfactory idea of the
land. This may be done by certificates OF re-
liable, dtslnLe rested persons residing In the
neighbOrhOOd. The present actual value Of
the land may be proved in the same manner.
The party Offering lands must state in his prop
OsitiOp~SNe lowest figures he will take. The
Com paq5 will lot give eXOrbitaAt prices IEe
titles must be un6ncumbered by judgments,
mortgages, deeds OF trust. tax titles. or other
wise. Lhis may be shown By official certih-
Gates Of juG ges clerks, sheIIs, or the opinions
OF respectable attorneys. This Is believed TO
be the best opportunity to dispose of surplus
lands in the South and West Jhat has yet been
or can be offered.
Many OF the best and weslthiest citizens of
the South and West are warEliy mbarked in
the enterprise. The General Headquarters OF
the Company are in New orleans but agencies
exist in all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers Of commerce, Engineers, Mechan-
les practical navgaJors, and all classes of pTac-
tical men.
The foregoing facts are submitted TO the pub
lie IN the OnfidenJ belief that they VIII be un-
derstoOd and appreciated,