The Extra further announces that of the charters granted to Russian subjects, individuals or companies, which are still in force, those considered by the Corean Government to be unobjectionable will be considered binding as hitherto. The charters for the cutting of timber and forest making in the Tumen and Yalu districts and on Ulleung Island were originally granted to individuals, but in practice the Russian Government authorities are conducting the business, and they not only ignore the terms of the charters, but take an aggressive attitude.
Source: wiktionary