ANCSA Signed into Law
The Alaska Native Claims Settlement Act (ANCSA) was signed into law on December 18, 1971, and Koniag is established as the regional corporation for the Alutiiq people of the Kodiak Archipelago.
Merger Timeline
- Merger Resource Center
- Merger Timeline
December 18, 1971
1972-1973
Village Corporations Organized
Village corporations throughout the Kodiak Archipelago incorporated and began operations as independent entities under ANCSA.
Spring 1980
Merger Plan Agreed On
Koniag and the village corporations Afognak Native Corporation, Akhiok-Kaguyak, Inc., Karluk Native Corporation, Leisnoi, Inc., the Larsen Bay village corporation, and Old Harbor Native Corporation agree on a plan for the merger to be presented to Shareholders in the fall.
August 29, 1980
Koniag Board of Directors Approves Resolution 80-9, Approving the Plan of Merger
November 3, 1980
Joint Proxy Statement Released
Vote to approve merger of six village corporations on ballot.
November 5, 1980
Arnold ‘Ole’ Olsen Files a Complaint
Olsen seeks to block Afognak Native Corporation’s participation in the merger.
December 5, 1980
Superior Court Stops Afognak Native Corporation Merger
December 6, 1980
Shareholders Vote to Approve Merger
Shareholders of all the village corporations and Koniag vote to approve the merger.
December 10, 1980
Merger Filed With the State of Alaska
Akhiok-Kaguyak, Inc., Karluk Native Corporation, Leisnoi, Inc., the Larsen Bay village corporation, and Old Harbor Native Corporation (excluding Afognak Native Corporation) are officially merged with Koniag.
September 4, 1981
Olsen Files 2nd Amended Complaint
April 30, 1982
Court Issues Permanent Injunction for Afognak Native Corporation
May 1982
Individual Shareholder of Akhiok-Kaguyak, Inc., Filed to Block Merger
July 1982
Individual Shareholder of Old Harbor Native Corporation Filed to Block Merger
December 1982
Individual Shareholder of Leisnoi, Inc., Filed to Block Merger
January 13, 1983
Summary Judgment in Favor of Village Corporations
Villages that challenged the merger were allowed to demerge after the court found land values had been misrepresented in the 1980 joint proxy statement. Karluk Native Corporation and the Larsen Bay village corporation remained merged because no Shareholder filed a legal challenge.
July 1983
Demerger Settlement Negotiations Begin
November 3, 1983
Stipulation for Settlement Filed with Court
January 27, 1984
Order Approves Final Settlement
July 17, 1987