.522 CLAIM OF NOPtTII AMERICAN COMMERCIAL COMPANY. 



whieli accoiiipaiiieil its deposit of the sum of |46,749.2;5, in payment of 

 rent aud taxes under its lease of tlie seal islands in Alaska for the 

 year ending April 1, 1S92. 



The Attorney General having expressed tbe opinion that this De- 

 partment is authorized to reduce proportionately the rental and bonus 

 due from said Company on a basis of a maximum catch of 100,000 skins, 

 the account has been adjusted as follows, in accordance with our ver- 

 bal understanding, viz : 



Tax on 13,482, at $2 $2G, 964, 00 



Rental on 13,482 at, $0.60 8, 089. 20 



Bonus on 12,251, at $0.9547' 11, 696. 03 



46, 749. 23 



It is understood that this adjustment is accepted by said Company as 

 full settlement and satisfaction of all cairns and demands agaiust the 

 United States for whatever cause to the date thereof, except only as to 

 its right to claim any amount which may be awarded to it by the Arbi- 

 trators appointed by (Ireat Britain and the United States under the 

 treaty of April 18, 1S92. 



EespectfuUy, yours, 



Charles Foster, 



Secretary. 



certificate of authentication. 



United States of America, 



Treasury Department, July 37, 1892. 

 Pursuant to section 882 of the Revised Statutes, I hereby certify 

 that the annexed paper is a true copy of a letter on file in this Depart- 

 ment. 



In witness whereof, I have hereunto set my hand, and caused the 

 seal of the Treasury Department to be affixed, on the day and year 

 first above written. 

 [l. s.] Charles Foster, 



Secretary of the Treasury. 



Washington, D. C, July 23, 1892. 

 To the Hon. Charles Foster, 



Secretary of the Treasury: 

 Sir: On behalf of the ISTorth American Commercial Company, of San 

 Francisco, the lessee of the right to take fur-seals for their skins on tlie 

 islands of St. Paul and St. George in Alaska, I have the honor to i^re- 

 sent the claim of said company for damages sustained by the limitation 

 of the quota of fur-seals by the United States from 100,000 to 7,500 

 during the year beginning May 1, 1892, involving a loss to said company 

 of $1,605,000, for which amount said company respectfully requests 

 payment. 



The Xorth American Commercial Company, 

 By N. L. Jeffries, 



Its Attorney. 



' There is an error in tlics(! figures due to a transposition. The r;it(^ per sl<in should 

 be $0.9341 anil the amount $11,444.13. The correct total being $46,497.33. 



