diff --git a/examples/Tools/MultipleTools.html b/examples/Tools/MultipleTools.html
new file mode 100644
index 00000000..d2c21ee6
--- /dev/null
+++ b/examples/Tools/MultipleTools.html
@@ -0,0 +1,44 @@
+<!DOCTYPE html>
+<html>
+<head>
+<meta charset="UTF-8">
+<title>Mulitple Tools</title>
+<link rel="stylesheet" href="../css/style.css">
+<script type="text/javascript" src="../../dist/paper-full.js"></script>
+<script type="text/paperscript" canvas="canvas">
+    // Create two drawing tools.
+    // tool1 will draw straight lines, tool2 will draw clouds.
+
+    // Both share the mouseDown event:
+    var path;
+    function onMouseDown(event) {
+        path = new Path();
+        path.strokeColor = 'black';
+        path.add(event.point);
+    }
+
+    window.app = {
+        tool1: new Tool({
+            onMouseDown: onMouseDown,
+            onMouseDrag: function(event) {
+                path.add(event.point);
+            }
+        }),
+
+        tool2: new Tool({
+            minDistance: 20,
+            onMouseDown: onMouseDown,
+            onMouseDrag: function(event) {
+                // Use the arcTo command to draw cloudy lines
+                path.arcTo(event.point);
+            }
+        })
+    };
+</script>
+</head>
+<body>
+    <a href="#" onclick="app.tool1.activate(); return false;">Lines</a>
+    <a href="#" onclick="app.tool2.activate(); return false;">Clouds</a>
+    <canvas id="canvas" resize></canvas>
+</body>
+</html>
diff --git a/src/core/PaperScript.js b/src/core/PaperScript.js
index 0d0b569b..efb8f52b 100644
--- a/src/core/PaperScript.js
+++ b/src/core/PaperScript.js
@@ -387,9 +387,11 @@ Base.exports.PaperScript = (function() {
         paper = scope;
         var view = scope.getView(),
             // Only create a tool if the tool object is accessed or something
-            // resembling a global tool handler is contained in the code.
+            // resembling a global tool handler is contained in the code, but
+            // no tool objects are actually created.
             tool = /\btool\.\w+|\s+on(?:Key|Mouse)(?:Up|Down|Move|Drag)\b/
-                    .test(code) ? new Tool() : null,
+                    .test(code) && !/\bnew\s+Tool\b/.test(code)
+                        ? new Tool() : null,
             toolHandlers = tool ? tool._events : [],
             // Compile a list of all handlers that can be defined globally
             // inside the PaperScript. These are passed on to the function as
