Got the little knife out of the shallow end of the Bay for $1.25 plus shipping.
What impressed me was the fullness of the blades.
The handle condition of the knife is quite poor. Don't remember seeing handles exactly made like this before. The handle material is inset into the bolster/frame. The shield is also part of the bolster/frame as well as the 2 pins on either end of the handle material.
3 blades are stamped PAULS BROS over CUTLERY and the main pen is stamped PAULS BROS over GERMANY.
All blades have tremendous walk and talk plus half stops.
The closed length is about 3 1/8".
I wasn't able to dig up any information on the maker. The above posts were very helpful. I see the brand listed in several old reference books but not much info other than 1887-92, also says New York and Germany. Ray mentions Goins says through 1905.

- All the blades have this swedge with a long pull back to the tang.
Treefarmer