The result of such a favorable combination of circumstances has been a steady increase in the deposits and financial influence of the Scandinavian-American National Bank from the opening of its doors to the present.
Its energetic and cour- teous cashier has been always recognized as a large factor in this progress, as he is both an able financier and a very popular man.
In the spring of 1898 he formed a partnership Avith O. Brecke in the steamship passenger business, under the style of Brecke & Ekman. In the previous year the Pacific Coast and Norway Packing. Ekman's personal record is that he is a Mason in good standing and an active member of the Odin Club.
Company had been organized, and in 1903 he assumed active charge of it as its secretary and treasurer. Christine (Aim) Elsberg, a native of Vermland, Sweden, who was the mother of three children by a former marriage — Emma, William and Ellen. Knut Ekman, cashier of the new Scandinavian-American Na- tional Bank of Minneapolis, of which he was one of the founders, has a remarkably substantial standing in the banking circles of the Northwest, particularly in those upon which depend the financial security of his countrymen.
He was married at Los Angeles, California, February 19, 1910, to Miss Frances Stowe, of ]^^;inneapolis. His parents, Stephanus and Jennie (Johannesson) Klarquist, had four sons and three daughters, of whom the following named are living: Inga Maria ; Christina, wife of Peter Johnson, a farmer in Kandiyohi county ; Swan M., of this sketch ; John, of Minneapolis, foreman for his brother Swan, married Sara Olson, of this city.
^^2 SWEDISH-AAIERICANS OF MINNESOTA After leaving the public schools of his native town, Swan M.
Klar- quist was confirmed and then began w^ork for himself, going first to Halmstad, where he was employed as a mason in summer and as a stone cutter in the winter for two years.
Ill health compelled him to relinquish this undertaking after three months, and he then returned to the Swedish-American National Bank as paying teller ; in 1908 was promoted to be assistant cashier and was holding that position when the consolidation was effected with the Northwestern National Bank.After obtaining a good elementary education he secured a position in a dry goods store of his native town, and was already well advanced in business practice and theory when the Franco-Prussian war ended and Germany's great industrial revival seemed at hand.Carl Ekman, who shared in the popular belief and expectation, set out for Hamburg, the center of so large a portion of German commerce and trade, and soon secured a position as bookkeeper and Swedish correspond- ent with a leading wholesale firm of that city.Paul, and since July i, 1899, has been general man- ager of Sz'cnska Folkets Tidning, Minneapolis. Among these mav be mentioned the Swedish Hospital and Nurses insti- tute of which he 'has been treasurer for many years.The decade during which he has controlled the business policy of the latter publication has SWEDISH-AMERICANS OF MINNESOTA 769 been notable for its progress in all departments Mr. P., surveyor Great Northern Railroad, August 2, 1885; Claes T. \u^ust Ekman was born at Vexio, Smaland, September 3, 1866, and is a son^of Nils and Brita Katarina Ekman.