Encyclopedia Dubuque
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.
KIENE, Henry
KIENE, Henry. (Dubuque, IA, Jan. 21, 1859--Dubuque, IA, July 18, 1930). A graduate of the BAYLESS BUSINESS COLLEGE, Kiene went on to establish a bank, lumberyard, and mercantile business outside of the city before returning to Dubuque about 1900. (1)
Upon his return, Kiene organized the Coggon and Anamosa Railroad and for many years directed its building and operation. In 1911 the articles of incorporation indicated the name had been changed to the Chicago, Anamosa and Northern (C.A.N.) and an increased capitalization to $1,500,000 through an investment of PETER KIENE AND SON. (2) Although the road was to run between Anamosa and Waterloo it ran out of financing when it had reached within twenty miles of Waterloo. In 1914 he filed for bankruptcy having lost heavily in the renamed Chicago, Anamosa and Northern Railway. (3) He had served as the railroad's president. (4)
Kiene organized the QUALITY OIL COMPANY in 1925 and was active in the management of the company until one year before his death. He was responsible for the development of western lands especially in Minnesota and the Dakotas. (5)
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Source:
1. Goodspeed, Weston Arthur. The History of Dubuque County, Iowa. Chicago : Goodspeed Historical Association, 1911, p. 538
2. "Kienes to Build Into Waterloo," Dubuque Telegraph-Herald, August 27, 1911, p. 19
3. "Dubuque Man Files Petition in Bankruptcy," The Telegraph-Herald, January 6, 1914, p. 1
4. "Federal Probe of the Kiene Case?" Dubuque Telegraph-Herald, November 23, 1913, p. 8
5. Goodspeed