Article October 27, 1906 Issue

A SUCCESSFUL BUSINESS MAN

Lucy Terrell Ellis

Ironwood, Mich., Oct. 12.—The statements from New York that J. M. Longyear of Marquette, Mich., and Brookline, Mass., is a beneficiary to the extent of twenty-four million dollars from the J. J. Hill ore lands deal with the United States Steel Corporation, have been interesting to northern Michigan people, but they have not occasioned surprise.

The stories emanating from southern Michigan, that these ore holdings have been escaping taxation in this State, are confusing for the reason that the lands concerned are not located in the Wolverine commonwealth—they lie on the Mesaba range, which is in Minnesota. Whether the lands have been taxed anywhere near their cash value by the Minnesota authorities is another matter. Probably they have not, largely for the reason that with few exceptions the various tracts are undeveloped.

In town 57—32, west of Corrigan, McKinney & Co.'s big Stevenson mine on the western Mesaba range, and between that property and the village of Nashwauk, there are about fifty tracts on the formation, each containing forty acres, all of which are the property of J. M. Longyear in association with Pillsbury and Bennett.

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