Economy

Sealaska votes on making descendents shareholders

Southeast Alaska’s regional Native corporation will soon know whether shareholders descendents will become stockholders themselves. Juneau-based Sealaska will count ballots on the descendents measure at its annual shareholders meeting Saturday in Anchorage. Supporters say it will share the wealth with generations of younger Natives with Southeast roots. Opponents say it will dilute original shareholders’ dividends…

Sealaska proposes Native-managed timber trust

Southeast Alaska’s regional Native corporation has a plan to revitalize the area’s timber industry. Sealaska on Monday proposed putting most Southeast timber lands under the control of a Native-managed timber trust. That organization would oversee logging and marketing under a regional brand. And it would bypass many of the current regulatory roadblocks Tongass National Forest…

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