Page:United States Statutes at Large Volume 41 Part 1.djvu/467

 446 SIXTY-SIXTH CONGRESS. Sess. II. Ch. 85. 1920. ·’*'°°“”’“°°· Act, as he ma prescribe; that no lease hereunder shall exceed five thousand one hundred and twenty acres of land, to be described by th°1“g“l S£’¤‘lf”il°“5 ‘*$§"“}L]§°`1£‘“o‘i S`“"'°"“’ °'?&"““ii°’°‘l’ ’° esurv te m ta ,a eexpenseo eapp can in accordaarirce with regulations to be prmcribed by the Secretary, of 6gg;•g£g§ °¤¤<¤· the Interior. Leases may be for indeterminate yriods, upon such ' conditions as maiy be imposedhbylsthp Secretary of e Intepor, includé _IS...,...i.. . ;“.€§f1Z&‘$2“d¤$2iZ§Z$B¤t}”%0¥ ef; pm‘““gevi.ig.P§v$.‘iil?I.‘gY 3§”§.2t{'fg, ' and disposing of the oil or other minerals covered b&a lease under this section_the lessee shall pay to the United States su royalties as be specified m the lease and an annual rental, payable at the b of each ear, at the rate of 50 centsger acre per annum, for the 1 included, theglease, the rentpl  tfor any onli: yea;1 against the roy ties accruing or year; suc roy es_ su _  to readjustmentat the end of each twenty-year period by the grouse. uw _ retary of the_Inter1or: Provided, That for the purapose of encourag- _ mg omyaiuel. mg the gloduction of petroleiiipli products frpm sh esalthe may, in ' tion, waive e ayment o any ro ty an ren °"*,’§,’n';§;  them  fivetgearshof anygg-iaseé Prmnlied,1';hat atpy perscan risks v' v aim suc miner un erexisting laws on an 191g?gslial1, upon the relinquishment of such claim, be entitlelilmtb ei. {phase upggr the hgglovisiom of   section for such areal of theilgndtlig ` uis as s not exceed e maximum area au oriz ` seciion to be leased to an individual or corporation: Providedfhowm§g;¤°¤ °•¤¤* by wir, $1;:0 claimant for a leaici who  lgluilty of anyffraiéd or w o ow or na e un o an, or who has not act?lghone;li$.ud in gggdd faith, shallwbg entgleldaiilo any ,,£,‘},l,i{Q‘Z,H_l°’“'°'“" of the beneits of this section: Prmnkled further, That not more than one lease shall be granted under this section to any one person, association, or corporation. Aaersoixaeposus. ALASKA OIL PBOVISQ ,,, §‘j,',,,¥“§,§i Sec. 22. That any bona fide occupant or claimant of oil or g8S gat; ¤<>¤ diS¤¤V¤*¤¤z bearing lands in the Territory of Alaska, who, or whose predecessors gu" in interest, ppizi to withdxiawal Liad mplied othegwise with phelrequirements o e mmmg` laws ut m de no iscovery o or gas in wells and who_prior to ivvithdrawal had made substantidl1im— provements for the discovery  oil or gas on or for each location or _ ad prior to the passage of this Act expended not less than $250 in mFl;•;¤g;•{,¤(*;\r;g;;¤a¤*¤¤ improvements on or for each location shall be entitled, upon relin- ' guishment or surrender to the United States within one year from the _ ate of this Act, or within six months after final denial or withdrawal ,l;Z,'lL’.§‘$°' °' """’"°’ of application for atent, to a pros ecting permit or emits, lease or leases, under this Kct covering such lands, not exceeding five permits or leases in number and not exceeding an ate of one thousand §f,’§'§]°',,g,, ,,,,,,,1,, two hundred and eighty acres in each; Pranjgdfigfhat leases in Alaska ¤*¢— under this Act whe er as a result of prospecting)permits or otherwise shall be upon such rental  rgyalties as shall e fixed by the Secre— tary of the Interior and specifi in the lease, and be subject to read- D_ H _ ustigenrifgt tltie eng. of each twegnty-year perioill of the lease: Provided 1-jig {mg “‘**"‘ uri, at or the purpose 0 encouraging the rod of f t mg { Y In leum products in Alaska the Secretary may, in dis dilscrgsioii, gfaiige the pay;ment of any rental or royalty not exceeding the first five years 0 any ease. ,,,F,°,{{°°“ b“""d by No claimant for a lease who has been guilty of any fraud or who had knowledge or reasonable grounds to know of any fraud, or who has not acted honestly and in good faith, shall be entitled to any of the benefits of this section.