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HOSFORD, Abraim P.

HOSFORD

Posted By: Administrator (email)
Date: 4/2/2005 at 08:48:59

ABRAIM P. HOSFORD, CLINTON
In 1857 he established himself in Lyons, Clinton County, Iowa, and built a sawmill. After having manufactured a large quantity of lumber the business prostration of the entire county during that financial crisis prohibited any sales, and in 1858 he returned to Waterloo. In 1859, while his partner devoted himself to the mutual business interests in Waterloo, the subject of this sketch removed his sawmill from Lyons to Clinton, Iowa, and the firm of Hosford and Miller continued in successful operation, increasing and extending its business during the following seven years. In 1866 the company was mutually dissolved, A. P. Hosford having purchased the entire interest of his former partner. Soon after, during the same year, the Clinton Lumber Company was organized, a majority of the stock being held and owned by A. P. Hosford.
In 1867 he took an active interest, and likewise a stock interest, in the Dubuque Lumber Company, and in 1868 became an active participant in the Clinton Paper Company. He is president of the Clinton Lumber Company, and also of the Clinton Paper Company. In 1870 he purchased the entire property of the Union Works for fifty-one thousand dollars, the original cost of which was seventy-two thousand dollars. In all these varied business establishments he furnishes employment for not less than one hundred and seventy-five men.

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