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The Russian-American Company Under the High Patronage of His Imperial Majesty was a state-sponsored chartered company formed largely on the basis of the United American Company. Emperor Paul I of Russia chartered the company in the Ukase of 1799.
Russian-American Company, Russian trading monopoly that established colonies in North America (primarily in California and Alaska) during the 19th century.
- The Editors of Encyclopaedia Britannica
Sep 12, 2022 · Sitka was the headquarters of the Russian-American Company, and during the 1800s was the site of a thriving fur trade, which earned it the nickname the 'Paris of the Pacific.'
Representing many of the finest artists and craftsmen in Alaska and the Pacific Northwest, including indigenous tribal arts, traditional totemic arts, ivory, antler and bone carvings, and unique jewelry fashioned from silver and rare Alaskan materials.
The Shelikhov-Golikov Company formed the basis for the Russian-American Company (RAC). Its charter was laid out in a 1799, by the new Tsar Paul I, which granted the company monopolistic control over trade in the Aleutian Islands and the North America mainland, south to 55° north latitude.
The Russian-American Company, Russia's first government chartered joint-stock company, received its character and a twenty-year monopoly of the North Pacific fur trade from Tsar Paul on 8 July 1799.
Following the explorations of the North Pacific by Vitus Bering, at the encouragement of Peter the Great, the Russian-American Company was founded in 1799 to supply skins for the fur trade. Their primary goal was to increase commerce, but the scientific mission of advancing knowledge was inseparable from early Russian activity in the North Pacific.
