The Memphis & Arkansas City Packet Company was a competitor of the Lee Line. After the liquidation of the Lee Line in 1926, the KATE ADAMS (3rd) was merged into the Valley Line by my great uncle G Peters Lee and several other steamboat men. This advertising postcard when sold on EBay usually brings a good price since these (red and blue version) seem to be fairly rare compared to Lee Line postcards. At some future time, I will display the blue version.