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Company Description (as filed with the SEC)
The information under the headings “Trustees’ Discussion and Analysis of Financial Condition and Results of Operations,” “The Trust Estate,” “Leasehold Royalties,” and “Land Trust and Fee Royalties” beginning on pages 11, 21, 28 and 31, respectively, of the Annual Report of the Trustees of Mesabi Trust for the fiscal year ended January 31, 2013 (the “Annual Report”) is incorporated herein by reference. (b) Financial Information About Segments. Substantially all of the revenue, operating profits and assets of Mesabi Trust (“Mesabi Trust” or the “Trust”) relate to one business segment—iron ore mining. The information under the heading “Selected Financial Data” set forth on page 11 of the Annual Report is incorporated herein by reference. (c) Narrative Description of Business. ... More ...