Mississippi Land Company (Minneapolis, Minn.).
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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