Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-31
To the Owners Of Real Estate In Ter
nessse. mi-sis-tsse AlaAsma and Ar


kansas:
THE COMPANY KNOWN TO THE PUB
4 nc as tAe" Mississippi Valley Navigation
COMPANY OF the south and West, is Organized
under q CHARTER from the State OF Louisiana.
Thls charter authorizes a capitsl stock OF dVe
hSheIsa thousand dollars with the privilege
OF extension 70 one million. That the pubic
may know the exact object OF the Company.
the third article OF the charter is given entire,
Tine object of this Company Is to construct
or otherwise to procure and maintain one or
more steamboats,, or other vessels, u run On
and navigate The Il ssissippi river, OF its trib-
utarles, Tor the purpose OF Carrying freight.
mails and p~assengeTsi to construct cocks.
lions as may De necessary 10 the building and
repairing of vessels, and generally 70 exercise
hereby or may Dc conferred on them for the
purposes Aforesaid "
The Company propose, under the provisions
OF this charter 70 construct q line OF steamers
to run between the different ports on the Ms
sisstppl river and its tributsries. 1hsy will be
constructed upon the low pressure principle.
they viii carry less steam they viii make Bet
ter time, and oe in all resps Is mere safs than
any description Of boats ever placed AEON our
waters Divided into distfnct eOm partments,
II disaster, whether by fire or snags, snail hap
pen 70 one, the boat Is not endangered. In
case OF IRE, apparatus Tor turning steam upon
II Will be provided, aud it is demLo strasedI that
Steam is the mast Ell Give extingu zher of fire.
In case one compartment Is trOken through by
contact Win snags, and els with water, the
others are not endangered. ana the boat can
not SINK as pumps provided FOR such an emer-
sencyi viii OIL Ins,Snt operation Safety 20
passenger and freight is a great end, worthy
otthe stiugsle OF the people If The Mississippi
Valley.
Nearly three hundred thousand dollars in
money and WORK has slre sdy been subscribed
TO the capital STOCK OF The Company. The Lou
one hundred thousand dcIlsrs OF stock to the
Company. An additional sum OF that amount
viii, without a doubt, De Subscribed BY the
same body. The COmpsny have resolved to
take lands for stock, and tnis is the feaJurato
which thsy desire 10 call the attention OF own
ers OF real esia-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 prOprietors, psy excr-
bitant taxes, and thus cripple their only pro-
duetive resources. This Company propose 70
take these lands at q fair valuation and issusto
the owners their stock in lieu. II lands snail
enhance in value. SO viii tine stock enhances in
value, aud thus the land proprietor will carry
IN ms pocAet me equivalent % MS lands, 70 %
cUnVeItsuluto money or property without de-
lay. The success Of this great e1terprise& be-
yOnd question. The stOcknolder, in addition
TO the Deneht OF The enhauced vaiue OF his
lanus, Will be part owner Of a line Of boats,
and be entitled TO dividends in thsiF earrings.
Persons wishing 10 ezcdange lands for the
stock Of the Company will send TO the Agentat
Memphis a description Of Them, their produce
tive qualities. the timber, bottom or upland;
whether overlooked or not; II Ovel flowed, what
propol ton how near to cOunty-tOwn. 10 rail-
road, depot, river, and all facts necessary 10
AFFORD the Company a satisfactory idea OF Ia
land. This may be done by certificates OF re-
liable, disiutereste1 persons residing in the
ne-ghoofhoOd- The present actual yaIue OF
the land may be proved IN the same msnnsr-
The party Offering lands must sfasSin his prop
osition tae lowest ngufss he vii take. Inc
Company VIII notgIVe exoroitaht prices. me
titles must be untncumoe1ed 6 Judgments,
mortgages. deeds OF aust. tax titles OF other
wise. mis- may be shOTn By official eertid-
Gates Of luC ges. clerks, s~lIsrtds, or the opinions
OF respectable attorneys This 10 believed 10
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 wealthiest cltizsnsof
the South and West are warmly embarked in
the enterprise. The General aeadquarters OF
the Company arein New orleans, bat agencies
exist ip all the principal cities. The enter
prise has been endorsed by Underwriters,
Chambers OF commerce, Engineers. Meehan-
les, practical navigsIorE, and all classes Of prac-
tical men.
The foregoing facts are submitted to the pub
lie IN the ~cozddent belief thai they VIII be uR~
derstoOd and appreciated.