Klukwan, Inc. shareholders will vote in the next three weeks on whether to liquidate more than half of the corporation’s general income trust, the village Native corporation’s biggest piggy bank, worth $20 million.
The proposed payout of $12.6 million would be one of the largest single distributions in the corporation’s history, paying $500 per share, or $50,000 to original shareholders possessing 100 shares.
Shareholders who believe the trust has been tapped by the corporation in…
