Encyclopedia Dubuque
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Affiliated with the Local History Network of the State Historical Society of Iowa, and the Iowa Museum Association.
STOUT, Frank D.: Difference between revisions
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Stout shared his father's interest in other fields of business. Between 1888 and 1905, he served as a director, vice-president, and president of the [[IOWA TRUST AND SAVINGS BANK]]. In 1890 he served as treasurer of the Julien Hotel Company and remained president of the company until 1900. He also held a business interest in the [[WALES HOTEL]] Company. | Stout shared his father's interest in other fields of business. Between 1888 and 1905, he served as a director, vice-president, and president of the [[IOWA TRUST AND SAVINGS BANK]]. In 1890 he served as treasurer of the Julien Hotel Company and remained president of the company until 1900. He also held a business interest in the [[WALES HOTEL]] Company. | ||
One of Stout's most important business ventures involved the [[STAR ELECTRIC COMPANY]]. Stout was credited with the merger of the electric, street railway, and power companies in the early 1900s. With his father, Stout developed the [[HIGHLAND STOCK FARM]] and [[NUTWOOD PARK]]. | One of Stout's most important business ventures involved the [[STAR ELECTRIC COMPANY]]. Stout was credited with the merger of the electric, street railway, and power companies in the early 1900s. With his father, Stout purchased [[NUTWOOD]] and developed the [[HIGHLAND STOCK FARM]] and [[NUTWOOD PARK]]. | ||
With the closing of the Dubuque branch of the Knapp-Stout Lumber Company, Stout moved to Chicago in 1902. Gradually selling his business interests in Dubuque, Stout was left in 1908 with his only investment in Dubuque-an interest in the Iowa Trust and Savings Bank. This last investment was sold in 1916, and Stout moved to Chicago where he served as president of a bank. The only time he returned to Dubuque was to donate the land for the library. | With the closing of the Dubuque branch of the Knapp-Stout Lumber Company, Stout moved to Chicago in 1902. Gradually selling his business interests in Dubuque, Stout was left in 1908 with his only investment in Dubuque-an interest in the Iowa Trust and Savings Bank. This last investment was sold in 1916, and Stout moved to Chicago where he served as president of a bank. The only time he returned to Dubuque was to donate the land for the library. | ||
Revision as of 18:36, 28 March 2010
STOUT, Frank D. (Dubuque, IA, 1854-Rice Lake, WI, 1927). Donor of the land for the CARNEGIE-STOUT PUBLIC LIBRARY. Stout proved to be as successful in business as his father, Henry L. STOUT. In 1868 he began work as a clerk in the KNAPP-STOUT LUMBER COMPANY and was promoted to salesman by 1881. Between 1884 and 1900, Stout served the company as an assistant treasurer and managed the Dubuque branch of the company. When his father died in 1900, Stout became the company president.
Stout shared his father's interest in other fields of business. Between 1888 and 1905, he served as a director, vice-president, and president of the IOWA TRUST AND SAVINGS BANK. In 1890 he served as treasurer of the Julien Hotel Company and remained president of the company until 1900. He also held a business interest in the WALES HOTEL Company.
One of Stout's most important business ventures involved the STAR ELECTRIC COMPANY. Stout was credited with the merger of the electric, street railway, and power companies in the early 1900s. With his father, Stout purchased NUTWOOD and developed the HIGHLAND STOCK FARM and NUTWOOD PARK.
With the closing of the Dubuque branch of the Knapp-Stout Lumber Company, Stout moved to Chicago in 1902. Gradually selling his business interests in Dubuque, Stout was left in 1908 with his only investment in Dubuque-an interest in the Iowa Trust and Savings Bank. This last investment was sold in 1916, and Stout moved to Chicago where he served as president of a bank. The only time he returned to Dubuque was to donate the land for the library.
In addition to the library, Stout's legacy to Dubuque was his immense home at 1105 Locust Street. Built in 1890, the STOUT HOUSE was designed in ROMANESQUE ARCHITECTURE and cost $75,000 to construct. A frugal businessman, Stout had the rooms on the main floor paneled in beautiful wood including maple, oak, mahogany, and rosewood to encourage potential customers to employ his company.