Peterson farm is the longest running family farm in the region. They produce the most hogs for slaugher in the state.

The Petersons bought the farm before Maundbury was formed. The farm sat outside city limits until 1876, then the growing town began to spring up around it. Officially, it is not part of the town and is outside it's jurisdiction, even though the streets and building around it are considered part of the town.

The farm was the site of a 1935 investigation to the disappearance of Cathy Page .