**Exhibit 31**

 

**CERTIFICATION**

** **

I, RodneyGaughan, certify that:

 

1.                                       Ihave reviewed this quarterly report on Form 10-Q of Mesabi Trust, forwhich Deutsche Bank Trust Company Americas acts as Corporate Trustee;

 

2.                                       Basedon my knowledge, this report does not contain any untrue statement of amaterial fact or omit to state a material fact necessary to make the statementsmade, in light of the circumstances under which such statements were made, notmisleading with respect to the period covered by this report;

 

3.                                       Basedon my knowledge, the financial statements, and other financial informationincluded in this report, fairly present in all material respects the financialcondition, distributable income and changes in trust corpus of the registrantas of, and for, the periods presented in this report;

 

4.                                       Iam responsible for establishing and maintaining disclosure controls andprocedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e))and internal control over financial reporting (as defined in Exchange Act Rules13a-15(f) and 15d-15(f)), or for causing such controls and****procedures and internal control overfinancial reporting to be established and maintained, for the registrant andhave:

 

a)                                      designedsuch disclosure controls and procedures, or caused such disclosure controls andprocedures to be designed under my supervision, to ensure that materialinformation relating to the registrant, including its consolidatedsubsidiaries, is made known to me by others within those entities, particularlyduring the period in which this report is being prepared;

 

b)                                     designedsuch internal control over financial reporting, or caused such internal controlover financial reporting to be designed under my supervision, to providereasonable assurance regarding the reliability of financial reporting and thepreparation of financial statements for external purposes;

 

c)                                      evaluatedthe effectiveness of the registrant’s disclosure controls and procedures andpresented in this report my conclusions about the effectiveness of the disclosurecontrols and procedures, as of the end of the period covered by this reportbased on such evaluation; and

 

d)                                     disclosedin this report any change in the registrant’s internal control over financialreporting that occurred during the registrant’s most recent fiscal quarter (theregistrant’s fourth fiscal quarter in the case of an annual report) that hasmaterially affected, or is reasonably likely to materially affect, theregistrant’s internal control over financial reporting; and

 

5.                                       Ihave disclosed, based on my most recent evaluation of internal control overfinancial reporting, to the registrant’s auditors:

 

a)                                      allsignificant deficiencies and material weaknesses in the design or operation ofinternal control over financial reporting which are reasonably likely toadversely affect the registrant’s ability to record, process, summarize andreport financial information; and

 

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b)                                     anyfraud, whether or not material, that involves persons who have a significantrole in the registrant’s internal control over financial reporting.

 

In giving the foregoingcertifications in paragraphs 4 and 5, I have relied to the extent I considerreasonable on information provided to me by Northshore Mining Company andEveleth Fee Office, Inc.

 

 
| Date:  September 5, 2008 | By:    | /s/ Rodney Gaughan                       |
|------------------------------------|--------|------------------------------------------|
|                               |   | Rodney Gaughan*                          |
|                               |   | Vice President                           |
|                               |   | Deutsche Bank National Trust Company     |
|                               |   | For Deutsche Bank Trust Company Americas |

 

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* There are no principalexecutive officers or principal financial officers of the registrant.

 

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