The Alaska daily empire., 1914-11-11

no8Ite o coal wlthin a tract covered by hia or its lease wiil be e2aauateds worked out or removed within three wears lhoreaiter the Secrenry Of the Interior may Within his discretion, loase to such leaaee an additional trnct oi land or coal cepoaits. which, including tho coal area remaining in the original legae shall mot exceed two thousand five bundred and aixly acres. through tho sumo Droceas opo under the wmc competitive conditions aa In ease of the original lease,
 Sec. 5, That subject to the appgoy, al of the Secretary of .bo Interior legsees holding under leases small blocks or areas may consolidate their said leases or holdmgs so as to in. cude in a single holding not lo ex- ceed two thousand five hundred and sixty acres of contiguous landsa
 Sec. 6. Thot each lease shall be- tor such leasing block or tract oi land as may be offered or applied lor not exceeding in area two thousand five hundred and sixty aoros of land, to be- described by the subdivisions of the survey, and mo person association or corporation, except aa hereinafter provided, shall be permitted to take or hold any interest as Q atoclIholder or otherwise in more than ono such lease under this Act, and any Inter est held in violation of this proyiso shall be forfeited to tho United States by appropriate proceedings instituted by che Attorney General for Chat pof. pose in any court of competent juris- dicldon. except chat lny such owner ship and interest hereby forbidden which may be acquired by descent win. judgment or decree may be held for two years, and not longer after it9 acquisition
 Sec.7 That any person who shall purchase acquire, or hold any inter est in two or more such leases, except as herein provided or who shall know ingly purchase, acquire, or hoid stock in corporation having an interest in two or moro such leases, or who shall knowingly sell ,or transfer to one dis qualified to purchase, or except as in this Act specifically provided disQual- filed to acquire, any such interest shall be doomed guilty of q felony and upon conviction shall be punished by Imprisonment for not more than three years and by 8 fine of Y ct exceeding $1.OOO; Provided, That any such own- ership and interest hereby forbidden which may be acquired by descent will judgment or decree may be held two years after its acquisition and not longer and in case of minority or otheir disability such time as the court may decree.
 Sec 8. That any director trustee, officer or agent of any corporation, holding any interest in such 8 lease who shall on behalf of such corpora ton, act in the purchase of any inter- est in another lease, or who shall knowingly act on behalf of such cor poration in the sale or transfer of any such interest in any lease held by such corporation to any corporation or in- dividual holding any interest in any such a lease, except as herein pro- vided, shall be guilty of felony and shall be subject to imprisonment for q term of not exceeding three years and a fine of not exceeding $1,000.
 Sec Sa. If any of the lands or de- posits leased under tho provisions of this Act shall be subleased, trusteed, possessed, or controlled by any device permanently temporarily directly in- directly tacitly or in any manner whatsoever, so that they form part of or are in anywise controllec by any combination in the form of an unlaw- ful trust with consent of lessee, or form the subject of any coiltract or conspiracy in restraint of trade in the mining or selling of coal, entered in. to by the lessee, or of any holding of such lands by any iudiyIdaul partner ship. association, corporation, or con. trol, iu excess or two thousand five hundred and sixty acres in the Terri tory of Alaska. the lease thereof shall be forfeited by appropriate court pro ceedings.
 Sec. g. That for the privilege oi mining and extracting and diaposine of the coal in the lands covered by his lease the lessee shall pay to the Unit ed States such royalties as may be specified in the lease, which shall not be less than two cents per ton, due and payable at the end of each month succeeding that of tho shipment ol the coal from tho mine, and an an nual rentaln payable at the beginning of each year, on the lands covered by such lease. at the rate of twenty five cents per acre for tho first year thereafter. fifty cents per acre for the second, third, fourth, aml fifth years and $1 per acre for each and every year thereafter during the continu- ance of the lease, except that such rental for any year shall be credited against the royalties as they accrue Tor that year Leases my be for per iods of not more than fifty years each subject Co renewal on such terms and conditions as may be authorized by law at the time of renewal. All net profits from operation ol government mines, and all royalties and rentals under leases as herein provided, shall be deposited in the Treasury ot the