 Wholesaler Johan P. Dahl bought the largest share, for NOK 10,000, that he gave to the construction workers.The company was founded on 20 December 1932, and had its share capital expanded to 80,000 two years later.Construction of the expansion was started in the fall of 1932.The company made a deal with the city to employ family providers; in exchange the city would pay the difference between normal pay and the increased pay.