MSB
Mesabi TrustยทNYSE
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MSB Profile
Mesabi Trust
A trust that holds interests in Mesabi Iron Range in Minnesota and receives royalty income as its principal
1 Columbus Circle, 17th Floor, Mail Stop: NYC01-1710, New York, New York 10019
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The Mesabi Trust (trust fund) is responsible for the management and preservation of the trust's assets, and receives income from the trust holders and distributes the proceeds. Mesabi Trust covers properties on approximately 9,750 parcels of land in St. Louis County, Minnesota (Peters Lease Lands and Cloquet Lease Lands, respectively), and Mesabi Trust owns the entire beneficial interest in Mesabi Land Trust.
