Word: stockholm
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...news agency thought to cable Paris for news of the Match King. His friends announced his death after all world markets closed. Swedish Match once loaned $75,000,000 to the French Government. Matchman Kreuger was a Grand Officer of the French Legion of Honor. Swooping from Stockholm to Paris came a whole planeload of Kreuger relations. The Match King, who was only 52, is survived by his father, mother, sisters, brothers. His secretive methods make the estate a question mark. "I don't know how much money I have," this long-nosed Swede often said...
...Stockholm the Royal Government did not of course know that Ivar Kreuger was going to commit suicide, but they had taken precautionary steps. If anything should happen (and there were numerous "anythings" in addition to suicide the Royal Government was ready to rush through a bill to stabilize Swedish business by granting a moratorium to Kreuger & Toll. When the news came, the Swedish Parliament put through this bill at a secret session, ordered Swedish stock exchanges to remain closed. For years conservative Swedish financiers have frowned on Ivar Kreuger's operations as "too big for Sweden...
Married. Prince Gustav Lennart Nicholas Paul of Sweden, 22, grandson of King Gustav V; and one Karin Emma Louise Nissvandt, of Stockholm; in a London registry office. Because the King would not consent to his marriage to a commoner (forbidden by the Swedish Constitution for persons of royal blood), it was necessary for Prince Lennart to renounce his royal rights, wed in a foreign country. At the reception the couple skoaled each other as Mr. & Mrs. Lennart Bernadotte...
...Tuskegee and Hampton Institutes, $4,362,000; to employes in the form of stock distributions, $6,000,000. His civic improvements in Rochester were the Rochester Dental Dispensary, Rochester Chamber of Commerce Building, Eastman School of Music, Eastman Theatre (now closed), Rochester Civic Orchestra. To Rome, London, Paris, Stockholm and Brussels he gave million-dollar dental & throat clinics. His private interests included art, music, big game hunting (in Africa, with the Martin Johnsons), calendar reform. He whittled, baked cakes & pies, collected orchids and firearms, was awakened every morning by pipe organ. He never married...
...match industry began in the latter part of the 19th Century. Small factories sprang up all over the country. In 1903 a merger of many of the companies formed Vulcan Match Manufacturing Co. which began to force the smaller companies out. In 1907 Ivar Kreuger, then 27, arrived in Stockholm after several years spent in the U. S. as a construction engineer. (He built Syracuse University's Stadium.) He and Paul Toll formed Kreuger & Toll Co. to do engineering work, but in a few years the company's function had changed to a holding company for the expanding of Kreuger...