Doyon, Limited
Encyclopedia
Doyon, Limited is one of thirteen Alaska Native Regional Corporations
created under the Alaska Native Claims Settlement Act
of 1971 (ANCSA) in settlement of aboriginal land claims. Doyon, Limited was incorporated in Alaska
on June 26, 1972. Headquartered in Fairbanks
, Alaska
, Doyon, Limited is a for-profit corporation with about 18,000 Alaska Native
shareholders primarily of Northern Athabaskan Indian
descent.
shareholders, each of whom received 100 shares of Doyon stock. A 1989 amendment to ANCSA
granted regional corporations the right to enroll qualified Natives born after 1971, and in March 1992 Doyon shareholders voted to give stock to Native children born between 1971 and 1992, adding 5,487 additional shareholders to Doyon's rolls, bringing the total number of shareholders to over 14,000. Shareholders at that time also voted to give an additional 100 shares of stock to 646 elders who had reached age 65 by December 1992.
At the 2007 annual shareholder meeting in March 2007, Doyon shareholders voted to extend enrollment to eligible descendants of original Doyon shareholders who were born after 1992, and also to give additional shares of stock to elders who turned age 65 after 1992. This will result in a potential additional enrollment of about 5,925 children by 2011; an estimated 1,227 elders who will turn age 65 by 2011 will also receive additional shares of Doyon stock.
As an ANCSA corporation, Doyon has no publicly traded stock and its shares cannot legally be sold.
is about 12.5 million acres (50,600 km²), making Doyon the largest private landholder in Alaska and among the largest private landowners in North America
. The Doyon region encompasses a vast region in Interior Alaska, from Brooks Range
in the north to the Alaska Range
, and from Alaska's border with Canada
in the east extending westward nearly to the shores of Norton Sound
. As of March 2007, about 9.8 million acres (40,000 km²) have been conveyed, including 6.6 million acres (27,000 km²) in surface and subsurface estate (fee Owned) and 3.2 million acres (13,000 km²) of subsurface estate corresponding to surface estate owned by villages corporations in the Doyon region.
Alaska Native Regional Corporations
The Alaska Native Regional Corporations were established in 1971 when the United States Congress passed the Alaska Native Claims Settlement Act which settled land and financial claims made by the Alaska Natives and provided for the establishment of 13 regional corporations to administer those...
created under the Alaska Native Claims Settlement Act
Alaska Native Claims Settlement Act
The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...
of 1971 (ANCSA) in settlement of aboriginal land claims. Doyon, Limited was incorporated in Alaska
Alaska
Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...
on June 26, 1972. Headquartered in Fairbanks
Fairbanks, Alaska
Fairbanks is a home rule city in and the borough seat of the Fairbanks North Star Borough in the U.S. state of Alaska.Fairbanks is the largest city in the Interior region of Alaska, and second largest in the state behind Anchorage...
, Alaska
Alaska
Alaska is the largest state in the United States by area. It is situated in the northwest extremity of the North American continent, with Canada to the east, the Arctic Ocean to the north, and the Pacific Ocean to the west and south, with Russia further west across the Bering Strait...
, Doyon, Limited is a for-profit corporation with about 18,000 Alaska Native
Alaska Natives
Alaska Natives are the indigenous peoples of Alaska. They include: Aleut, Inuit, Tlingit, Haida, Tsimshian, Eyak, and a number of Northern Athabaskan cultures.-History:In 1912 the Alaska Native Brotherhood was founded...
shareholders primarily of Northern Athabaskan Indian
Indigenous peoples of the Americas
The indigenous peoples of the Americas are the pre-Columbian inhabitants of North and South America, their descendants and other ethnic groups who are identified with those peoples. Indigenous peoples are known in Canada as Aboriginal peoples, and in the United States as Native Americans...
descent.
Officers and directors
A current listing of Doyon, Limited's officers and directors, as well as documents filed with the State of Alaska since Doyon's incorporation, are available online through the Corporations Database of the Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development.Shareholders
At incorporation, Doyon, Limited enrolled 9,061 Alaska NativeAlaska Natives
Alaska Natives are the indigenous peoples of Alaska. They include: Aleut, Inuit, Tlingit, Haida, Tsimshian, Eyak, and a number of Northern Athabaskan cultures.-History:In 1912 the Alaska Native Brotherhood was founded...
shareholders, each of whom received 100 shares of Doyon stock. A 1989 amendment to ANCSA
Alaska Native Claims Settlement Act
The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...
granted regional corporations the right to enroll qualified Natives born after 1971, and in March 1992 Doyon shareholders voted to give stock to Native children born between 1971 and 1992, adding 5,487 additional shareholders to Doyon's rolls, bringing the total number of shareholders to over 14,000. Shareholders at that time also voted to give an additional 100 shares of stock to 646 elders who had reached age 65 by December 1992.
At the 2007 annual shareholder meeting in March 2007, Doyon shareholders voted to extend enrollment to eligible descendants of original Doyon shareholders who were born after 1992, and also to give additional shares of stock to elders who turned age 65 after 1992. This will result in a potential additional enrollment of about 5,925 children by 2011; an estimated 1,227 elders who will turn age 65 by 2011 will also receive additional shares of Doyon stock.
As an ANCSA corporation, Doyon has no publicly traded stock and its shares cannot legally be sold.
Lands
Doyon's land entitlement under ANCSAAlaska Native Claims Settlement Act
The Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...
is about 12.5 million acres (50,600 km²), making Doyon the largest private landholder in Alaska and among the largest private landowners in North America
North America
North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...
. The Doyon region encompasses a vast region in Interior Alaska, from Brooks Range
Brooks Range
The Brooks Range is a mountain range in far northern North America. It stretches from west to east across northern Alaska and into Canada's Yukon Territory, a total distance of about 1100 km . The mountains top out at over 2,700 m . The range is believed to be approximately 126 million years old...
in the north to the Alaska Range
Alaska Range
The Alaska Range is a relatively narrow, 650-km-long mountain range in the southcentral region of the U.S. state of Alaska, from Lake Clark at its southwest end to the White River in Canada's Yukon Territory in the southeast...
, and from Alaska's border with Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
in the east extending westward nearly to the shores of Norton Sound
Norton Sound
Norton Sound is an inlet of the Bering Sea on the western coast of the U.S. state of Alaska, south of the Seward Peninsula. It is about 240 km long and 200 km wide. The Yukon River delta forms a portion of the south shore and water from the Yukon influences this body of water...
. As of March 2007, about 9.8 million acres (40,000 km²) have been conveyed, including 6.6 million acres (27,000 km²) in surface and subsurface estate (fee Owned) and 3.2 million acres (13,000 km²) of subsurface estate corresponding to surface estate owned by villages corporations in the Doyon region.
Business enterprises
Under federal law, Doyon, Limited and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be "minority and economically disadvantaged business enterprise[s]" (43 USC 1626(e)).See also
- Alaska Native Claims Settlement ActAlaska Native Claims Settlement ActThe Alaska Native Claims Settlement Act, commonly abbreviated ANCSA, was signed into law by President Richard M. Nixon on December 23, 1971, the largest land claims settlement in United States history. ANCSA was intended to resolve the long-standing issues surrounding aboriginal land claims in...
- Alaska Native Regional CorporationsAlaska Native Regional CorporationsThe Alaska Native Regional Corporations were established in 1971 when the United States Congress passed the Alaska Native Claims Settlement Act which settled land and financial claims made by the Alaska Natives and provided for the establishment of 13 regional corporations to administer those...
- Morris ThompsonMorris ThompsonMorris Thompson was an Alaska Native leader, American businessman and political appointee working on matters related to Alaska Natives.-Early life and career:...
External links
- Doyon, Limited (official website).
- Doyon Lands & Natural Resources Department (official website).
- Joining Generations — informational site for shareholders about new shareholder enrollments in Doyon.