The Peters family began homesteading what would become Peters 313 Ranch, which was founded in 1914.  They grew wheat, oats and hay and raised cattle, and by 1939 the family was able to purchase the property.  Four historic structures still stand on the property today: the house, built in 1948; the Kohler/Well House, built in 1941; the calving shed, built in 1938; and the windmills, built in 1940.  All these structures but the Kohler/Well House are still in use.