Peterson was first a member of the assembly from Calumet County in 1868 (succeeding Randolph Needham of the National Union (Republican) party) and was assigned to the standing committee on roads, bridges and ferries.
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He was once more elected assemblyman in 1880 for a two-year term, receiving 2,037 votes against 1,015 votes for C. W. Thurston (Rep.), and 121 votes for Greenback J. Hayward Haight, who had formerly held the seat (the incumbent, Democrat J. W. Parkinson, was not a candidate).
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Peterson was born in Mielberg (a hamlet southwest of Jagel), in the Duchy of Schleswig, on March 14, 1826; was educated at the Teachers' Seminary at Tondern, Schleswig, and worked as a schoolteacher for five years.
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