154 THE FISHERIES OF THE UNITED STATES. 



forfeited to the United States ; and if any person or company, under any lease, herein authorized, shall knowingly 

 kill, or permit to be killed, any number of seals exceeding the number for each island in this act prescribed, such 

 person or company shall, in addition to the penalties and forfeitures aforesaid, also forfeit the whole number of the 

 skins of seals killed in that year, or, in case the same have been disposed of, then said person or company shall 

 forfeit the value of the same. And it shall be the duty of any revenue officer, officially acting as such on either of 

 said islands, to seize and destroy any distilled spirits or spirituous liquors found thereon ; Prodded, That such officer 

 shall make detailed report of his doings to the collector of the port. 



Sec. 6. And be it further enacted, That the annual rental to be reserved by said lease, shall be not less than 

 fifty thousand dollars per annum, to be secured by deposit of United States bonds to that amount, and in addition 

 thereto a revenue tax or duty of two dollars is hereby laid upon each fur-seal skin taken and shipped from said 

 islands during the continuance of such lease, to be paid into the Treasury of the United States ; and the Secretary 

 of the Treasury is hereby empowered and authorized to make all needful rules and regulations for the collection 

 and payment of the same ; and to secure the comfort, maintenance, education, and protection of the natives of said 

 islands, and also for carrying into full effect all the provisions of this act ; Provided, That the Secretary of the 

 Treasury may terminate any lease given to any person, company, or corporation, on full and satisfactory proof of the 

 violation of any of the provisions of this act, or rules and regulations established by him. 



Sec. 7. And be it further enacted, That the provisions of the seventh aud eighth sections of an act entitled 

 "An act to extend the laws of the United States relating to customs, commerce, and navigation over the territory 

 ceded to the United States by Kussia, to establish a collection district therein, and for other purposes", approved 

 July 27, 1SG8, shall be deemed to apply to this act ; and all prosecution for offenses committed against the provisions 

 of this act, and all other proceedings had because of the violations of the provisions of this act, and which are 

 authorized by said act above mentioned, shall be in accordance with the provisions thereof, and all acts and parts 

 of acts inconsistent with the provisions of this act are hereby repealed. 



Sec. 8. And be it further enacted, That the Congress may at any time hereafter alter, amend, or repeal this act. 



Approved July 1, 1870. 



Amended, March 21, 1874. — Be it enacted, etc., That the act entitled "An act to prevent the extermination 

 of fur-bearing animals in Alaska", approved July first, eighteen hundred and seventy, is hereby amended so as to 

 authorize the Secretary of the Treasury, and he is hereby authorized, to designate the months in which the fur- 

 seals may be taken for their skins on the islands of St. Paul and St. George, in Alaska, and in the waters adjacent 

 thereto, and the number to be taken on or about each island respectively. 



37. THE ORGANIZATION AND REGULATIONS OF THE ALASKA COMMERCIAL COMPANY. 



BY-LAWS OF THE ALASKA COMMERCIAL COMPANY, SAN FRANCISCO, CALIFORNIA. 



I. The corporate name of this company is the Alaska Commercial Company, and its affairs are under the 

 control of five trustees, who shall hereafter be chosen by the stockholders of the company on the second Weduesday 

 of June in each year, and who shall hold office until their successors are elected. The annual meetings of the 

 stockholders shall be held at the office of the company. At all elections of trustees by the stockholders, each 

 stockholder shall be entitled to one vote for every share of stock held by him on the books of the company. 

 Stockholders may vote by proxy. All proxies shall be signed by the party owning the stock represented. 



II. The principal place of business of the company is San Francisco, California. 



III. The regular meetings of the board of trustees will be held at the office of the company on the first 

 Wednesday in each month, at 12 o'clock m., and no notice of such meeting to any of the trustees shall be requisite. 

 Other meetings of the board of trustees may be held upon the call of the president, by notice, signed by him, of the 

 time and place of meeting, personally served on each trustee residing within this state, or published in a newspaper 

 of general circulation in San Francisco for ten days successively next preceding the day of such meeting. Special 

 meetings may be held upon notice, signed by three trustees, stating the time and place of meeting, and the purpose 

 for which the meeting is called, having been duly served on each trustee, or published in a newspaper of general 

 circulation in San Francisco for ten days successively next preceding the day of meeting, and no business other 

 than that specified in the notice shall be transacted at such special meeting. At all meetings of the board any 

 three of the trustees being present shall constitute a quorum for the transaction of the business of the company. 

 Adjourned meetings may be held in pursuance of a resolution of the board adopted at any regular or general 

 meeting of the board. Any three trustees elected at any annual meeting of the stockholders of the company, and 

 being present at the close of such stockholders' meeting may, on the same day, without notice to any of the trustees, 

 meet and organize the board by the election of officers, and may transact such other business as may come before 

 the board at such meeting. 



IV. The officers of the company shall consist of a president, a vice-president, and a secretary, who shall be 

 chosen by the board of trustees at their first meeting after the annual election of trustees ; such officers to hold 

 office one year, or until their successors are elected. 



