Paul Toll

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Paul Sequens Esaias Toll (September 7, 1882 in Småland – July 3, 1946) was a Swedish construction engineer and co-founder, together with Ivar Kreuger, of the construction company Kreuger & Toll. Paul Toll was born in the parish of Berga in Kronoberg County, Småland. The name Toll springs from the small village Tollstad, south of Alvestra in the province of Östergötland, Sweden. In 1913, he married Gunhild Engwall, with whom he raised six children. Together with Ivar Kreuger, Paul Toll formed the engineering and construction company Kreuger & Toll in 1908. Toll played the main role in the construction projects while Ivar Kreuger handled the business contacts and marketing of the company. When he met Ivar Kreuger in early 1908, Ivar offered him the position of joint owner in a newly established company. Paul wrote a letter to his father Karl Toll on 23 March 1908 to give him some information about Ivar and probably to ask his father for advice on what to do, as Paul Toll was working for another company at that time: (translated to English), "After a 7-year period working as a trainee in America, engineer Kreuger, that is his name, has worked with a lot projects with concrete steel in different places around the world. He has now made me an offer to become his joint owner." This was the starting point for one of the world's most famous companies, not in the construction business but as a holding company mainly in the match industry with the name Kreuger & Toll AB that did not include the construction business. After some years Ivar Kreuger became more focused in founding large corporations. To start with in the match-industry to save the Kreuger family match factories around Kalmar that was facing financial problems in 1912 and later...