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Encyclopedia Dubuque

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Difference between revisions of "BONSON, William Watts"

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Notes were signed or endorsed by W. W. Bonson and [[BONSON, Robert|Robert BONSON]] and given to Peter Kiene with the assurance that he would be responsible for the debt. There was no further accounting between the Bonsons and Kiene, who paid the interest on the indebtedness, but sold the notes to other parties. In 1914 the firm of [[PETER KIENE AND SON]] fell into bankruptcy.  
 
Notes were signed or endorsed by W. W. Bonson and [[BONSON, Robert|Robert BONSON]] and given to Peter Kiene with the assurance that he would be responsible for the debt. There was no further accounting between the Bonsons and Kiene, who paid the interest on the indebtedness, but sold the notes to other parties. In 1914 the firm of [[PETER KIENE AND SON]] fell into bankruptcy.  
  
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[[File:bv1951.jpeg|250px|thumb|left|Burnage Villa (1951) Photo courtesy: Robert E. Bonson]]
 
[[File:BurnageVilla1979.png|250px|thumb|left|Burnage Villa (1979) later became the basis of [[FOUNTAIN PARK]]. Photo courtesy: Telegraph Herald]]The total Bonson indebtedness came to $150,000 (worth $3,697,860.00 in 2018). Their assets turned over to the bankruptcy court included holdings in the Bonson Concentrator Company with its subsidiaries, over forty separate tracts of land and their holdings in over 1,000 acres of mineral lots, lands and properties in Dubuque County, and the residence and farm of about 140 acres known as "Burnage Villa" which had been the homestead of the Bonson family for over thirty years. The only exceptions were claimed for life insurance and person and household goods and wages. (3)
 
[[File:BurnageVilla1979.png|250px|thumb|left|Burnage Villa (1979) later became the basis of [[FOUNTAIN PARK]]. Photo courtesy: Telegraph Herald]]The total Bonson indebtedness came to $150,000 (worth $3,697,860.00 in 2018). Their assets turned over to the bankruptcy court included holdings in the Bonson Concentrator Company with its subsidiaries, over forty separate tracts of land and their holdings in over 1,000 acres of mineral lots, lands and properties in Dubuque County, and the residence and farm of about 140 acres known as "Burnage Villa" which had been the homestead of the Bonson family for over thirty years. The only exceptions were claimed for life insurance and person and household goods and wages. (3)
  

Revision as of 09:27, 8 July 2018

Photo courtesy: Telegraph Herald
BONSON, William Watts (Dubuque, Ia, May 22, 1870--May 6, 1946). Educated in the local schools, Bonson attended the state university for two years and then entered law school at Columbia College. He returned to Dubuque and entered legal practice with his brother, Robert BONSON. (1)

W. W. Bonson was elected an alderman from the Fourth Ward on April 5, 1895. He also served as secretary of the NUTWOOD DRIVING CLUB and the HIGHLAND STOCK FARM and was a director of the GERMAN BANK. (2)

In February 1904 a large amount of money was borrowed by W. W. Bonson, Robert BONSON, and Peter KIENE to construct boats and machinery doing business as the IOWA IRON WORKS.

Notes were signed or endorsed by W. W. Bonson and Robert BONSON and given to Peter Kiene with the assurance that he would be responsible for the debt. There was no further accounting between the Bonsons and Kiene, who paid the interest on the indebtedness, but sold the notes to other parties. In 1914 the firm of PETER KIENE AND SON fell into bankruptcy.

Burnage Villa (1951) Photo courtesy: Robert E. Bonson
Burnage Villa (1979) later became the basis of FOUNTAIN PARK. Photo courtesy: Telegraph Herald
The total Bonson indebtedness came to $150,000 (worth $3,697,860.00 in 2018). Their assets turned over to the bankruptcy court included holdings in the Bonson Concentrator Company with its subsidiaries, over forty separate tracts of land and their holdings in over 1,000 acres of mineral lots, lands and properties in Dubuque County, and the residence and farm of about 140 acres known as "Burnage Villa" which had been the homestead of the Bonson family for over thirty years. The only exceptions were claimed for life insurance and person and household goods and wages. (3)


---

Source:

1 "W. W. Bonson," Dubuque Daily Herald Souvenir Edition, January 25 1896, p. 30

2. Ibid.

3. "Bonsons File Petitions in Bandruptcy," The Telegraph-Herald, February 17 1914, p. 1