Born in Dovre, Oppland, Norway, then a part of Sweden-Norway, in 1861, his family moved to Renville County, Minnesota, in 1866.
Lee became Vice President and Director of the Great Northern Bank in Minot.
Lee also began operating a general store on Main Street.
Fauchald, in turn, sold the building in 1912 to Woolworth's, which operated a store there until 1982.
[2] In 1896, Peter Lee became the fourth mayor of the city of Minot, serving one term.