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Wright Reports > Company Profile Report > M > Mesabi Trust

Mesabi Trust - Company Profile Snapshot

Company Profile: Mesabi Trust
Ticker: MSB
Exchanges: NYSE BSE MSE
2008 Sales: 35,469,000
(Year Ending Jan 2009).
Major Industry: Financial
Sub Industry: Other Financial Services
Country: UNITED STATES
Employees: 0

Business Description
Mesabi Trust. The Company principal activity is to collect income, pay expenses and liabilities, distribute net income to the holders of Trust Certificates (the Unitholders) after the payment of, or provision for, such expenses and liabilities and protecting and conserving the assets held. It transferred to the Mesabi Land Trust its 20% interest as fee owner in the Peters Lease and the Peters Lease Lands and its interest as 100% fee owner in the Mesabi Lease Lands and as lessor of the Mesabi Lease.

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