Valdez daily prospector., 1912-08-22
GEN. ssooT's COAL LAND
 SLEAsino sllL MAY rAts
Contlnuea from page t)


 fixed by section two hereof, and the said moneys may be credited upon the royalties tO become due under such lease: Provided, That if the land SO claimed be within a reservation made in pursuance of section seven of this Act Oth- CT coal lands in Alaska of sub equal value may be sub stiluted in said lease for the lands so rclinquiShcd.
 Sec. 9. That scventy-nvc per centum of all the moneys derived from leases granted under the of this Act shall be paid into lhe treasury and con Stitute part of the Alaska fund provided for and created by the Act approved January twenty seventh. eighteen hundred and entitled An Act io provide for the construction and maintenance of roads, he cSlab- liShnlrnt and maintenance of schools. and the care and support of insane persons in the District of Alaska. and for other purpns- rs.''
 See. 10. Any qualified person under this Act may. With the con sent of the Secretary of the In- trrinr, local" and operate for To- cal uSc upon any of the public coal lands of Alaska not other wise appropriated an area not cX- which shall not exceed two and on"-half times iIS width, in such manner and upon such icrIuS and conditions as the Secretary of th" Inferior may prescribe: but no permit for such location shall "X- lend beyond the year nineteen hundred and twenty. If any such lease granted under this Aci, il Inralion shall b" included in tn" area covered by any subsequent may bc taken over by inc Jesse" of such subsequent lease if, in the opinion of the Secretary of the h. terior, if is necessary to the eff cient and economic operation of .uch lease and on payment of such just compensation az the Sccre- tary of the Interior may drtcrm- inc.
 See. II. That no person, assO- ciatiOn or corporation owning or having any interest as stock holder 0r otherwise in any rail- road, steamship or other common carrier by which the products mined under any lease authorized by ihis Act are transported in Alaska or from Alaska to any Oth- or part of the United States or a foreign country shall own or hold any interest as StOckhOldcr or otherwise in any such lease. Any such ownership OF interest ac- quirrd by descent or will may be held for one year and no longer afl"r it's acquisition. Any owner ship OF interest in any lease held contrary to the foregoing prOvis- ions of fhis section shall be for fcitod to the United States by pro cerdings instituted by the AtIOr- ney General for that purpose in any court of competent iurisdic- ton: Provided. That the Srcrc- tary of the Interior may grant any lessee under the UI'ovisiOns of this Act right of way over ihe public lands in Alaska from tn" land leased t0 any navigablr wa lrrs or railrnads for the construc- ton and operation of a railway or tramway (including aerial wirc-rOpc franIwayS) for the transportation of coal and such oIhcr art iclcs, materials and con- and of persons as may bp necessary or proper in con- With the operation of coal mines upon inc express condition that such railway OF Iramway shall br operated as common carrier under such regulations as may be prescribed by inc inter- stale commerce commission, and that whenever in the judgment of said commission lhe public in- tcrcst may require such action the said commission shall make and give public notice of an order fx- ing n reasonable time within which the lcssccs or owners of any interest in any lease under this Act specified in such notice shall sell or otherwise dispose of any and all interest which they