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 to show the name had been changed to Chicago, Anamosa and Northern (C.A.N.) and an increased capitalization to $1,500,000 through an investment of PETER KIENE AND SON. (2) The road was to run between Anamosa and Waterloo, but when it had reached within twenty miles of Waterloo the company could not raise any more money. In 1914, however, he filed for bankruptcy having lost heavily in the renamed Chicago, Anamosa and Northern Railway which had been backed by PETER KIENE AND SON. (3) He had served as the railroad's president. (4)

He 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 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