Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-29
s o AND WEST.
To the Owners Of Real Estate I'm Ten
nessee, Mississippi. Alabama and Ar
kansas:


THE COMPANY KNOWN TO THE PUB
Il lie as the Mississippi Valley Navigation
Company of the South and West" is organized
under a charter from the State OF Louisiana
Tbs charter authorizes a capital stock OF I'VE
hunored 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 is given entire,
aThe object Of this Company is to construct
or otherwise to procure ana maintain one or
more steamboats, or ether vessels, 70 run on
and navigate the Mississippi river, or its trib-
~utaries, for the purpose Of carrying freight,
mails and passengers to construct docks,
wharves, buildings and such other ecnstruc-
tons as may be necessary to the building and
repairing OF vessels, and generally 70 exercise
such incidental powers and privileges As are
hereby or may BE- conferred on them for IA
purposes Aforesaid"
The Company propose, under the provisions
of this charter to construct a line Of steamers
to run between the different ports on the Mis-
sissippi river and its tributaries. They will be
they will carry less steam they viii make bet
ter time, and be in all respects more safe than
any description Of boats ever placed upon cur
waters. Divided into distinct CON partments,
If disaster, whether by IRE OF snags, shall hap
pen to one. the boat is not endangered. In
case Of IRE, apparatus for turning steam upon
il will be provided, and IL is demonstrated That
steam is the most edt GIVE extinguisher Of IRE.
In case one compartment is broken through by
contact with snags, and fills with water, the
ethers are not endangered. and the boat cam
not sink, as pumps, provided for such an emer-
geney, will be in instant operation. safety to
passengers and freight Is a great end, worthy
Of the struggle OF the people Of the Mississippi
Valley.
Nearly three hundred thousand dollars in
money and work has alTesGy been subscribed
to the capital stock OF the Company. The Lou
isians Legislature has passed q Dill subscribing
one hundred thousand dollars OF stock to the
Company. An additional sum Of that smount
Will, without a dSubt, be subscribed by the
same body. Inc company nave resolved 70
take lands for stock, and this is the feature to
which they desire 10 call the attention OF own
ers of real eslafe. In the southern States, on
account Of the disoTganiZedc condition OF labor,
n are an ineUmbrance. Vast tracts that
yield no revenue to the prOprietOrs, Day exor-
bitant taxes, and thus cripple their only pro-
duct1ve resources. This Company propose to
take these lands at q fair valuation 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 viii carry
in his pocket the equivalent of his lands, TO be
converted into money or property without de-
lay. The success OF this great enterprise is be-
yond question. The stockholcer, in addition
to the beDent Of the enhanced value Of his
lands, viii be part owner OF a line OF boats,
Persons wishing TO exchange lands Tor the
stock Of the Company will send to the Ageptat
Memphis a description of them, their prOduc-
tive qualities. the timber, bottom or upland /;
whether overlooked or not If OVeI1Owed, what
proportion how near TO eounty-toWn, 10 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, 'disinterested persons residing in the
the land may be proved in the same manner,
The party Offering lands must state in his prop
OsitiOn the lowest ngures he viii take. b
Company will notgtve exOrDitast prices. b
titles must be uusneumbered by Judgments,
mortgages, deeds Of Iust. tax titles. or othec-
wise. This may be shown by official cerdn-
Gates of uGges. clerks, sherits, or the opinions
of respectable attorneys. This is believed to
be the BEST opportunity to dispose OF surplus
lands in the South and West thst has yet been
or can be offered.
Many Of the best and wealthiest citizens OF
the South and West are warmly embarked 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. Meohan-
les, practical naYigators, and all classes Of prsc-
tical men.
The foregoing facts are submitted to the pub
lie In the confident belief that they viii be I'M
derstoOd and appreciated.