In this Oct. 5, 2011 photo, Oracle CEO Larry Ellison speaks during the Oracle OpenWorld Keynote in San Francisco. Ellison has reached a deal to buy 98 percent of the island of Lanai from its current owner, Hawaii Gov. Neil Abercrombie said Wednesday, June 20, 2012.
Here is a weird thought....if someone owns an island could that person set up his own country on that island and become independent of any state. Or does a state always own the property forever and people just think they own the land that sits on property of the state
I guess if your an American Indian, I suppose you could apply for native land rights and then govern your own like an independent state. Other wise you would own the land as a private owner but still have to abide by state laws.
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