St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-03-15
THE RUSH CONTINUES.
The Columbia Is the --latest Iron
Company to Get a Charter,


Company to Get a Charter.
Articles of incorporation of the
Columbia Iron company were filed with,
the secretary OF state yesterday. George
S. Ostrom arrived home Sunday morn
ing from Duluth, where he has been for
the past week making the final arrange
ments OF organizing, the above COM
pany. Considerable time has been
spent by experienced men in exploring
the properties of this company, and it
is expected that it will he one of the.
most promising and populariron COM
panieS of the Mesabl range. The in
corporators are John, Mckinley. Dun
can Mckinley Jr., of Duluth; George
S. Ostronl, James E. Lobdell, Sanford
o. Brooks, Thomas E. Yerxa and A. c..
Claus0n, of st. Paul; George n. BiSSell.
of Milford, New York, and Edward B.
Swygart, of Chicago. The capital stock
is S3,0O0,000, comprising 10000 shares at
500 each. A meeting of the incOrpo-
rators will be held at Duluth tomorrow
and officers elected. 1t is understood
that the programme is as follows: john
Mckinley, PRESIDENT: Duncan McKin-
ley, vice president and general man
ager. and George S. Ostrom. secretary
and treasurer. General Offices. Duluth,
Mimi. John Mckinley has been EN-
gagged in exploring the lands OF WiScOn-
sin and Northern Minnesota for the past
twenty years. He is a member of the
firm of WillistOn & Charnley, lumber
manufacturers at MeSaba. The business
of acquiring land containing pine tim
Der has been one of Mr.. McKinley'S
duties, and in this way lie became con-
WINGED that there were extensive iron
deposits along the Mesab range, and
many years ago began to acquire prop
erty, and at the present time is largely
interested in a number Of the prominent
mines recently organized, viz: Cincin-
natl. Kanawha, Mckinley. Chicago,
Charleston, Cosmopolitan and others.
He is pioneer of the Mesabi range tim
Der and iron industries. Duncan McKin-
ley Jr. is brother OF the tirst-named and
has been associated with him all these
years, and will take the management of
the Columbia company, admirably adapt
ed to the work owing 10 his past expe-
rience. He is now OH the range super
intending the sinking of number OF
shafts OIL the property of the Columbia
Iron company. George S. Ostrom has
had charge of the interests of Reid,
Murdoch q Co.. wholesale grocers of
Chicago, in the Northwest for the past
thirteen years. Mr.. Ostrom will be Gus
todian of the records and accounts of
the company, as well as of the funds of
the institution. as secretary and treas
urer, and, as he is endowed with very
pleasing manner of receiving and
entertaining all who come in his
way, the patrons and friends of
the Columbia Iron company will
always receive the very best of
treatment at his hands. The balance of
the members comprise James e. Lob
dell, who has represented Messrs.
Moves Bros. q Cutler at Duluth and
neighboring cities, for the past eight
years; Sanford Brooks, assistant gem
eral freight agent of the Chicago ST.
Paul d Kansas City railway; Thomas
e. Yerxa, of st. Paul; George N. Bis
sell. of Milford, New York, who has
been engaged in the iron business in
Pennsylvania and other Eastern states
for number of years, and Edward B.
Swygert, of the great soap firm of
James S. Xix 81 Co., Chicago, and AL
bert G. Clauson, state grain inspector
of Minnesota. The property is located
in 1915. 5S-16 and 5S-17 8