GREAT NORTHERN IRON ORE PROPERTIES
TRUSTEES:
JOSEPH S. MICALLEF
PRESIDENT
CHIEFEXEClJTIVE OFFICERROGER W.STAEHLE ROBERT A,STEIN JAMES E.SWEARINGEN
OFFICE OF THE TRUSTEES
W-1290 FIRST NATIONAL BANK BUILDING
332 MINNESOfA STREET
SAINT PAUL, MINNESOTA 55101-1361
(651) 224-2385
FAX (651) 224-2387
www.gniop.com
THOMAS A.JANOCHOSKI
VicePRESIDENT AND SECRETARY CHIEF FINANCtALOFFICER
ROGER P.JOHNSON
MANAGER OF MINES
KENNETH A.BAEHR
MANAGER OF ACCOUNTING
March 3, 2016
To Certificate Holders of Record as of April 6, 2015, and the Reversioner (which, effective January 1, 2015, is Glacier Park Iron Ore Properties LLC, a wholly owned subsidiary of ConocoPhillips Company and successor in interest to Glacier Park Iron Ore Holdings LLC, successor in interest to Glacier Park Company, which is a wholly owned subsidiary of ConocoPhillips Company) of the Trust of Great Northern Iron Ore Properties ("Trust"):
Annually since 1973, the Trustees have petitioned the District Court of Ramsey County, Saint Paul, Minnesota ("Court") for an Order for a Hearing of Accounts, the purpose of which is to approve, settle and allow the Trust's financial accounts for the prior calendar year. By previous Orders, the Court has approved, settled and allowed the accounts of the Trustees for all preceding years of the Trust, through and including 2014.
Enclosed with this mailing are the following documents pertaining to the Trust's annual Hearing of Accounts for the year 2015:
Petition for Allowance of Accounts {inside of booklet}
Order of Hearing ("Order") {back page of booklet}
Annual Report of the Trustees for year ended December 31, 2015 ("2015 Annual Report"), which presents the accounts to be approved, settled and allowed by the Court at the hearing
{separate document}.
As stated in the Order, the hearing is scheduled for Thursday, May 5, 2016, at 1:30 p.m., in Room 1430 of the Ramsey County Courthouse, which is located at 15 West Kellogg Boulevard, Saint Paul, Minnesota 55102.
The 2015 Annual Report is also available on the Trust's Web site, which can be found atwww.gniop.com. Any questions should be directed to the Trust's Vice President and Secretary at the Trust Office address and/or telephone number listed above. Thank you.
Sincerely yours,
Isl Joseph S. MicallefPresident of the Trustees and
Chief Executive Officer
62-C5-72-386008 Filed in Second Judicial District Court
3/3/2016 1:45:35 PM
Ramsey County, MN
STATE OF MINNESOTA DISTRICTCOURT
COUNTY OF RAMSEY SECOND JUDICIAL DISTRICT Court File No. 62-CS-72-386008
In the Matter of the Trust known as Great Northern Iron Ore Properties
PETITION FOR ALLOWANCE OF ACCOUNTSJoseph S. Micallef, Roger W. Staehle, Robert A.Stein and James E. Swearingen, the duly appointed and qualified Trustees of the Great Northern Iron Ore Properties Trust ("Trust' respectfully petition the Court for an Order approving, settling and allowing the accounts of the Trustees for the calendar year 2015. In support thereof, the Trustees state and represent to the Court as follows:
An Order of this Court entered on August 17, 1973, provides that the Trustees may file with the Court their Annual Report of the Trustees to Certificate Holders as and for their annual accounts of this Trust and that the filing of such annual report will be accepted bythis Court as compliance with the requirements of Rule 417 of the General Rules of Practice for the District Courts of Minnesota (formerly Rule 28 of the Code of Rules for the District Court). In light of the Trust's termination date of April 6, 2015, the Annual Report of the Trustees to Certificate Holders is now entitled the Annual Report of the Trustees.
A copy of the Annual Report of the Trustees for the calendar year 2015 was filed with this Court on March 3, 2016, and will be mailed to the Trust's Ce1tificate Holders of record as of April 6, 2015, and to the Trust's Reversioner on or before March 24, 2016.
The accounts of the Trustees for calendar year 2014 and all preceding years of the Trust have been approved, settled and allowed by Orders of thisCourt.
Court File No. 62-CS-72-386008
62·C5·72-386008
Filed in Second Judicial District Court
3/3/2016 1:45:35 PM
Ramsey County, MN
WHEREFORE, your Petitioners pray for an Order:
Fixing a time and place for hearing on this Petition specifying the manner in which notice ofthe hearing shall be given;
Approving, settling and allowing the accounts of the Trustees filed herein forthe
calendar year 2015; and
For such other and further relief as the Court may deem appropriate.
Dated: March
57986080
3 ,2016.
Attomey Registration No. 78244
FREDRIKSON &BYRON, P.A.
200 South Sixth Street - Suite 4000 Minneapolis, MN 55402-1425
Telephone: (612) 492-7318
Attomeys for the Trust Known as Great Northern Iron Ore Properties
2
STATE OF MINNESOTA COUNTY OF RAMSEY
FILED
MAR - 4 2016 DISTRICT COURT
COURTADMINISTRATOR
BY yt(A.DEPUTY SECOND JUDICIAL DISTRICT
Court File No. 62-CS-72-386008
In the Matterof the Trustknown as
Great Northern Iron Ore Properties ORDER FOR HEARING
A Petition of the Trustees requesting approval, settlement and allowance of their accounts
for the calendar year 2015having been filed with the Court: IT IS HEREBY ORDERED:
Thatsaid Petition be heard at 1:30 p.m. on Thursday, May 5,2016, in Room 1430 of the Ramsey County CourthouseinSaint Paul,Minnesota, or as soonthereafter as counsel maybe heard.
IT IS HEREBY .ORDERED:
That notice of the hearing be given by publishing a copy of this Order once in the Saint Paul Legal Ledger at least twenty (20) days before the date of said hearing and by mailing a copy of this Order to the Trust's Certificate Holders of record as of April 6, 2015, and to the Trusf s Reversioner atleast fifteen (15) days before the date of said hearing.
Dated: March .! , 2016.
4.
SUE ANN NELSON, ESQ.
FREDRIKSON &BYRON, P.A.
200 South Sixth Street -Suite 4000
Minneapolis, MN 55402-1425
Telephone: (612)492-7318 Attorneys for the Trustees
KIMBERLY F.SMITH
DEPUTY COURT ADMINISTRATOR RAMSEY COUNTY DISTRICT COURT
Great Northern Iron Ore Properties issued this content on 03 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 March 2016 15:09:55 UTC
Original Document: http://www.gniop.com/pdf/court/Hearing_2016-initial.pdf