Ponderosa Steakhouse and Bonanza Steakhouse under the Metromedia Restaurant Group. The names of the restaurants were derived from the classic TV series "Bonanza", which was set at a place called Ponderosa Ranch. In 1963, Dan Blocker, who played Eric "Hoss" Cartwright on "Bonanza", started the Bonanza Steakhouse chain. The first Bonanza opened in Westport, Connecticut. Sam Wyly and his brother Charles Wyly bought the small Bonanza restaurant chain three years later. The company grew to approximately 600 restaurants by 1989, when the Wylys sold it to Metromedia. In 1965, Dan Lasater, Norm Wiese and Charles Kleptz founded Ponderosa in Kokomo, Indiana, moving the headquarters to
Bonanza farms were Mexican immigrants or migrants, known as braceros. European Americans also worked as migrant laborers. Family farmers, with fewer workers to pay and less money invested in equipment, could better handle boom-and-bust cycles. By the 1890s, most bonanza farms had broken up into smaller farms. The Frederick A. and Sophia Bagg Bonanza Farm is located in southeastern corner of North Dakota. The preserved Bagg Bonanza Farm was designated as a National Historic Landmark in 2005. H. Drache, The Day of the Bonanza: A History of Bonanza Farming in the Red River Valley of the North (Lund Press, 1965) Bonanza farms