MISSISSIPPI LAND COMPANY (MINNEAPOLIS, MINN.):

An Inventory of Its Records at the Minnesota Historical Society

Manuscripts Collection

Expand/CollapseOVERVIEW

Creator:Mississippi Land Company (Minneapolis, Minn.), creator.
Title:Mississippi Land Company records.
Dates:1896-1968.
Language:Materials in English.
Abstract:Minute books, annual statements, stock records, ledgers, journals, cashbooks, correspondence (1956-1965), tax records, and iron mine reports of this company organized in 1896 by the Weyerhaeuser interests to hold title to and receive royalties from mineral rights on Mesabi Iron Range lands. This firm was a Weyerhaeuser affiliate.
Quantity:7.0 cubic feet (6 boxes).
Location: See Detailed Description for shelf locations.

Expand/CollapseHISTORICAL NOTE

The Mississippi Land Company was a Weyerhaeuser Company enterprise, incorporated January 10, 1896, to hold title to mineral rights on such land tracts as showed promise of iron and other ore deposits, and to lease and develop them. The Mississippi River Lumber Company held half of its stock, while E. C. Whitney and associates held the remainder. The company owned "in fee" 2,000 acres of Minnesota’s Mesabi Iron Range. In later years as the rich iron ore gave out, the company was concerned with taconite development.

The Mississippi Land Company was never an operating company. It became a private holding company which received mineral royalties and invested some of them in stocks and bonds. It was liquidated in 1967 when the ore reserves dwindled.


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Expand/CollapseSCOPE AND CONTENTS

The papers include maps; some correspondence, 1956-1965; annual statements, 1902-1960; royalty tax reports, 1924-1965; agreements; ore tonnage statements, 1954-1962; ad valorem taxes; Itasca County real estate taxes, 1946-1963; liquidation files, and miscellaneous papers. Main correspondents are Meyer Randleman and Donald N. Ranson.

The volumes include minute books, 1896-1965; stock certificate books, 1896-1930; stock transfer ledgers and records, 1930-1968; ledgers and journals, 1896-1967; voucher registers, 1927-1967; cash books, 1900-1966; and iron mine reports, 1901-1964.


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Expand/CollapseADMINISTRATIVE INFORMATION

Availability:

The collection is open for research use.

Preferred Citation:

[Indicate the cited item and/or series here]. Mississippi Land Company (Minneapolis, Minn.) Records. Minnesota Historical Society.

See the Chicago Manual of Style for additional examples.

Accession Information:

Accession number: 11,091; 16,402

Processing Information:

Processed by: Bonnie Palmquist, January 1975; Christopher G. Welter, January 2010

Catalog ID number: 990017318980104294


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DETAILED DESCRIPTION

LocationBox
144.J.10.8F1Articles of incorporation and amendments, 1896-1955.
Maps, 1896, 1954, 1959.
Plat of unleased mines (1896) and all mines (1954).
Stock certificates, [193-].
Loose stock certificates representing the certificates issued after 1930. All information on stocks after 1930 is contained in the two stock transfer books.
Annual statements, 1902-1964. 7 folders.
Annual reports, 1905-1963. 6 folders.
Years 1920, 1924 are lacking.
Auditors reports, 1951, 1956-1964.
Correspondence, 1956-1965. 2 folders.
Concerns stockholders, capital gain amendment to iron ore royalties.
Financial statements used for dividend payments, 1913-1933.
Includes some balance sheets.
LocationBox
142.J.19.1B6Securities accounts, 1962-1964.
Minnesota royalty tax reports, 1924-1965. 2 folders.
Mississippi Land Co. vs. United States, 1964-1967.
Includes correspondence about tax refund from years 1954 through 1958.
Leach mine (depletion), 1941-1942.
Correspondence about depletion figures.
Agreements, 1951-1964.
Agreements between Mississippi Land Company and Butler Brothers, Pacific Isle Mining Company, Hanna Mining Company, and Clement Quinn Ore Company.
LocationBox
144.J.10.9B2Ore tonnage statements, 1954-1962.
Ad valorem taxes, 1954-1958,1963-1964.
Itasca County real estate taxes, 1946-1952.
Itasca County real estate taxes, 1946-1963. 5 folders.
These taxes were paid by the various lessees.
Hawkins mine: new taxation rate, 1963.
Income tax working file, 1913-1952.
These working papers include information on depletion, dividends and land taxes.
Tax deficiency for 1943-1945, 1945-1950.
Correspondence about tax discrepancies on iron ore reserves.
Miscellaneous tax schedules and valuations, 1948-1963.
1) Tax list-mining properties; 2) schedule of surface real estate; 3) valuations on unleased mines and data on mining leases.
Lease termination, 1960-1965.
Concerns York, Arkansas, Shada and Hawkins. Includes listing of Mississippi land under lease.
Confidential report on iron ore reserves, 1961-1962.
Includes map of holdings.
Annual meeting, 1963.
Correspondence about Lawrence Norton's attempt to control proxies in order to elect a director.
Prospective sale of properties, 1963-1964.
Correspondence about valuation and sale prospects.
Real estate titles, 1964-1965.
Correspondence about land titles involved in sale to Hanna Mining Company.
Liquidation file, 1964-1967. 2 folders.
Correspondence about liquidation of assets and distribution.
LocationBox
144.J.10.10F3Volume 1: Minute book, 1896-1923.
LocationBox
148.E.1.5B5Volumes 2-4: Minute books, 1924-1965. 3 volumes.
Volumes 5-6: Stock certificate books, 1896-1929. 2 volumes.
Volume 7: Stock scrip certificate book, 1930.
LocationBox
148.E.1.4F4Volumes 8-9: Stock transfer ledgers 1-2, 1930-1965. 2 volumes.
LocationBox
144.J.10.10F3Volume 10: Journal, 1896-1942.
LocationBox
148.E.1.5B5Volume 11: Journal, 1943-1967.
LocationBox
144.J.10.10F3Volume 12: Ledger, 1896-1925.
LocationBox
148.E.1.4F4Volume 13: Ledger, 1925-1967.
LocationBox
144.J.10.10F3Volume 14: Voucher register, 1927-1938.
LocationBox
148.E.1.4F4Volume 15: Voucher register, 1939-1967.
Volume 16: Cash book, 1900-1917.
LocationBox
144.J.10.10F3Volume 17: Cash book, 1917-1925.
LocationBox
148.E.1.4F4Volume 18: Cash book, 1925-1936.
LocationBox
144.J.10.10F3Volumes 19-20: Cash books, 1936-1966. 2 volumes.
LocationBox
148.E.1.5B5Volume 21: Iron mines report, 1901-1964.
Records of individual mines, giving information on lessor, lessee, royalty rate, ground rent, ore shipments, etc.
Volume 22: Trustees for stockholders, 1967-1968.
Record of final liquidation payments.

Expand/CollapseCATALOG HEADINGS

This collection is indexed under the following headings in the catalog of the Minnesota Historical Society. Researchers desiring materials about related topics, persons or places should search the catalog using these headings.

Topics:
Iron mines and mining -- Minnesota -- Mesabi Range.
Mines and mineral resources -- Minnesota.
Taconite.
Weyerhaeuser records.
Organizations:
Mississippi River Lumber Company (Clinton, Iowa).
Document Types:
Mine maps.

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