Hayes v. Alaska Juneau Forest Industries, Inc.

OPINION

MATTHEWS, Justice.

The question presented in this case is whether the State of Alaska or the appel-lee, Alaska Juneau Forest Industries, Inc., owns the minerals contained in the tailings which cover certain tidal and submerged lands known as Alaska Tidal Survey No. 201 (the property). We hold that the minerals are owned by the state.

This is the second case involving this property. In State v. A.J. Industries, 397 P.2d 280 (Alaska 1964), we held that A.J. Industries, Inc. 1 was entitled to a preference right to obtain title to the property from the State of Alaska. We set out the facts…