Property Rights Foundation of America®


Frederick W. Meeker

April 1999

Frederick W. Meeker is an admiralty attorney and member of the New York County Lawyers Association and Maritime Law Association of the United States since 1973. He is a 1964 graduate of the University of Notre Dame and 1973 graduate of Fordham Law School.

Mr. Meeker is heavily involved in representing commercial fishermen against the arrayed governmental regulators in the Federal Department of Commerce and New York State Department of Environmental Conservation.

In discussing, "Individual Transferable Quotas - A Proposal Mid-Wifed by DEC," Mr. Meeker wrote:

"In 1993, the legislature authorized the formation of the Surf Clam/Ocean Quahog Management Advisory Board, consisting of nine industry participants and a non-voting chairman, to draft a management plan to replace the emergency measures which, by everyone's account, fostered inefficiency, increased hazards, and frustrated any effort to respond to a very fluid market.

"For the past three years the Board has met monthly for 4 to six hours and has drafted a modified ITQ system for managing the resource that gives the fishermen an indefeasible right to a certain percentage of the annual quota, in this case, 1/22nd per boat, that the fishermen can either catch, or lease or sell to anyone else. It creates a new property right that is sufficiently free of the meddling of bureaucrats and politicians so as to become a valuable commodity, against which banks have, in other ITQ fisheries, been willing to advance credit against the ITQ collateral."
- Frederick W. Meeker, Feb. 2, 1998

Conference Speech

"Fisheries Conservation Through Property Rights" - Speech from the Fourth Annual Conference

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