Note 54 — Chapter I · PRIVATE PROPERTY IN LAND INCONSISTENT WITH THE BEST USE OF LAND.
Reading edition
The fixed rent under the lease to the Alaska Fur Company is $55,000 a year, with a payment of $2.62-1/2 on each skin, which on 100,000 skins, to which the take is limited, amounts to $262,500—a total rent of $317,500.