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U.S. Code as of:
01/19/04
Section 687c. Alaskan land leases for fur farming; citizenship; acreage limitation; period; terms and conditions; laws applicable to mineral resources; reservations
The Secretary of the Interior, in order to encourage and promote
development of production of furs in the Territory of Alaska, is
authorized to lease to corporations organized under the laws of the
United States, or of any state or Territory thereof, citizens of
the United States, or associations of such citizens, public lands
of the United States in the Territory of Alaska suitable for fur
farming, in areas not exceeding six hundred and forty acres, and
for periods not exceeding ten years, upon such terms and conditions
as he may by general regulations prescribe: Provided, That where
leases are given hereunder for islands or lands within the same,
such lease may, in the discretion of the Secretary of the Interior,
be for an area not to exceed thirty square miles: Provided further,
That nothing herein contained shall prevent the prospecting,
locating, development, entering, leasing, or patenting of the
mineral resources of any lands so leased under laws applicable
thereto: And provided further, That this section shall not be held
nor construed to apply to the Pribilof Islands, declared a special
reservation by section 646 (!1) of title 16: And provided further,
That any permit or lease issued under this section shall reserve to
the Secretary of the Interior the right to permit the use and
occupation of parts of said leased areas for the taking, preparing,
manufacturing, or storing of fish or fish products, or the
utilization of the lands for purposes of trade or business, to the
extent and in the manner provided by existing laws or laws which
may be enacted after July 3, 1926.
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