Doyon, Limited
Doyon, Limited, is one of thirteen
Etymology
The word doyon is a
Officers and directors
A current listing of Doyon'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.[1]
At incorporation, Doyon enrolled 9,061 Alaska Native shareholders,[3][5] 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,[5] bringing the total number of shareholders to over 14,000.[3][5] 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.[5]
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.[6] 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.[5]
As an ANCSA corporation, Doyon has no publicly traded stock, and its shares cannot legally be sold.
Lands
Doyon's land entitlement under ANCSA is about 12.5 million acres (19,500 sq mi; 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.[3] As of March 2007, about 9.8 million acres (15,000 sq mi; 40,000 km2) have been conveyed, including 6.6 million acres (10,000 sq mi; 27,000 km2) in surface and subsurface estate (fee Owned) and 3.2 million acres (5,000 sq mi; 13,000 km2) of subsurface estate corresponding to surface estate owned by villages corporations in the Doyon region.[7]
Business enterprises
Under federal law, Doyon and its majority-owned subsidiaries, joint ventures and partnerships are deemed to be "minority and economically disadvantaged business enterprise[s]" (43 USC 1626(e)).
Doyon operates the Kantishna Roadhouse: Denali Backcountry lodge through its subsidiary Doyon Tourism, Inc. This lodge has a main lodge and dispersed cabins in the
Doyon also operates a joint venture with
Doyon also operates an oil and natural gas drilling subsidiary called Doyon Drilling, which according to its website operates eight drilling rigs in the state of Alaska. In 1982 Doyon formed a joint venture with another drilling corporation called Nugget Alaska, LLC. This subsidiary is said to have around 300 employees. Doyon Drilling's headquarters is not in Fairbanks like the rest of Doyon, but in
See also
- Alaska Native Claims Settlement Act
- Alaska Native Regional Corporations
- Morris Thompson
References
- ^ a b Corporations Database. Doyon, Limited. Division of Corporations, Business & Professional Licensing, Alaska Department of Commerce, Community and Economic Development. Retrieved on March 27, 2007.
- ^ "Contact Us Archived May 20, 2011, at the Wayback Machine." Doyon, Limited. Retrieved on March 31, 2011. "1 Doyon Place, Suite 300 Fairbanks, Alaska 99701-2941"
- ^ a b c d Doyon, Limited. (2007). "Doyon History." Archived April 2, 2007, at the Wayback Machine Retrieved on March 27, 2007.
- ^ "acadmia.edu: Thompson, Chad L., Russian loan words in Alaska Native languages (manuscripts), 1980".
- ^ a b c d e Doyon, Limited. (2007). "New Enrollment." Archived December 17, 2004, at the Wayback Machine Joining Generations. Retrieved on March 27, 2007.
- ^ Fairbanks Daily News-Miner. (March 20, 2007). "Doyon to give stock to young and old: Profits were up 36%; distribution's aim is to strengthen culture." Anchorage Daily News. Retrieved on 2007-03-27.
- ^ Doyon Lands and Resources Department. (2007). Alaska Native Claims Settlement Act." Archived February 7, 2007, at the Wayback Machine Retrieved on March 27, 2007.
- ^ "About Kantishna Roadhouse in Denali National Park".
- ^ "Doyon / Aramark JV". www.doyon.com. Archived from the original on August 27, 2018.
- ^ "Company – Oil Drilling Operations in Alaska's North Slope".