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Wednesday, February 10, 2010, 10:26AM ET - U.S. Markets close in 5 hours and 34 minutes. Dow Down 0.69% Nasdaq Down 0.70%
Mesabi Trust (MSB)At 10:09AM ET: 14.38  Up 0.08 (0.56%)  
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Mesabi Trust
60 Wall Street
27th Floor
New York, NY 10005
United States - Map
Phone: 615-835-2749
Fax: 615-835-2700
Web Site: http://www.mesabi-trust.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Diversified Investments
Full Time Employees:N/A

BUSINESS SUMMARY 
Mesabi Trust operates as a grantor trust in the United States. The company holds interests in various iron ore properties in the Mesabi Iron Range, including its interest as assignor in the Amended Assignment of Peters Lease and the Amended Assignment of Cloquet Lease, which cover properties aggregating approximately 9,750 contiguous acres in St. Louis County, Minnesota. It also owns interests in Mesabi Land Trust, which holds a 20% interest as fee owner in the Peters Lease Lands, a 100% fee ownership in certain non-mineral-bearing lands adjacent to the Peters and Cloquet Lease Lands. The company’s Peters Lease Lands and the Cloquet Lease Lands are located at the northeastern end of the Mesabi Iron Range and contain mineral deposits consisting of a sedimentary bed of banded magnetite in siliceous gangue, a form of low-grade iron ore known as taconite. Mesabi Trust was founded in 1919 and is based in New York, New York.
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    CORPORATE GOVERNANCE 
    Mesabi Trust's Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 5.4% of CGQ Universe companies and 5.2% of Materials companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Kenneth R. Ring ,
    VP of Deutsche Bank National Trust Company and VP of Deutsche Bank Trust Company Americas
    N/A N/A
    Dollar amounts are as of and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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