Helge Alexander Haugan
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Helge A. Haugan (October 26, 1847 – May 17, 1909) was an American banking executive in
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
,
Illinois Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. Its largest metropolitan areas include the Chicago metropolitan area, and the Metro East section, of Greater St. Louis. Other smaller metropolita ...
. Haugan was a founding partner of
Haugan & Lindgren Haugan & Lindgren was a bank headquartered in Chicago, Illinois. The bank operated from December 8, 1879, until February 10, 1891, from quarters at No. 57 and No. 59 La Salle Street. The bank was a partnership of Helge Alexander Haugan, H. G. Haug ...
and the founding president of the
State Bank of Chicago State Bank of Chicago was an American banking firm which conducted business under a state of Illinois charter issued on February 10, 1891. State Bank of Chicago operated from offices in the Chamber of Commerce Building located at the southeast corne ...
.


Background

Helge Alexander Haugan was born in Christiania,
Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...
, the younger son of Helge A. and Anna B. Haugan. In 1858, the Haugan family immigrated to Canada, settling in
Montreal Montreal ( ; officially Montréal, ) is the List of the largest municipalities in Canada by population, second-most populous city in Canada and List of towns in Quebec, most populous city in the Provinces and territories of Canada, Canadian ...
in 1859. In Montreal, Haugan learned the steam fitting and brass finishing trade.


Career

Haugan came to
Chicago (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...
in 1862 and continued in the plumbing business—initially as workman, and later as operator of his own plumbing shop on Milwaukee Avenue. In 1879, with John R. Lindgren, he founded the private banking firm of
Haugan & Lindgren Haugan & Lindgren was a bank headquartered in Chicago, Illinois. The bank operated from December 8, 1879, until February 10, 1891, from quarters at No. 57 and No. 59 La Salle Street. The bank was a partnership of Helge Alexander Haugan, H. G. Haug ...
. This bank specialized in serving the growing population of Scandinavian-Americans in the Chicago area. In 1891, the bank was incorporated as the
State Bank of Chicago State Bank of Chicago was an American banking firm which conducted business under a state of Illinois charter issued on February 10, 1891. State Bank of Chicago operated from offices in the Chamber of Commerce Building located at the southeast corne ...
. His elder brother, H. G. Haugan, was a major investor in both banking firms. Following the death of Helge Haugan in 1909, his son Henry Alexander Haugan became president of the bank. Both Haugan Elementary School and Haugan Middle School in
Chicago Public Schools Chicago Public Schools (CPS), officially classified as City of Chicago School District #299 for funding and districting reasons, in Chicago, Illinois, is the third-largest school district in the United States, after New York and Los Angeles. ...
District 299 are named for Helge A. Haugan.


References


Other sources

*Henschen, Henry S. (1905
''A History of The State Bank Of Chicago From 1879 To 1904''
(Chicago: Kessinger Publishing, LLC.)


Related reading

*Strand, A. E. (1905) ''A History of the Norwegians of Illinois'' (Chicago: John Anderson Publishing Co.) * Leonard, John W. (1905) ''The Book of Chicagoans: a biographical dictionary of leading living men of the City of Chicago'' ( Chicago: A. N. Marquis & Co.) *Currey, J. Seymour (1912) ''Chicago, its History and its Builders, A Century of Marvelous Growth'' (Chicago: S.J. Clark Publishing Company)


External links


Chicago Public SchoolsHelge A. Haugan Elementary SchoolHaugan Middle School
{{DEFAULTSORT:Haugan, Helge Alexander 1847 births 1909 deaths American bankers Businesspeople from Chicago Norwegian emigrants to Canada Norwegian emigrants to the United States 19th-century American businesspeople