 |
| The life of the corporation is not limited to a definite
time. |
| |
| Article 2 |
| |
The purpose of the enterprise is —
a. The
management of the cast steel factory in Essen formerly belonging to the Fried.
Krupp firm in Essen proprietress, Fraeulein [Miss] Bertha Krupp and its branch
establishments and subsidiary works (steelworks, shipyards, machine factories,
blast furnaces, coal and iron ore mines, etc.).
b. The
production of steel and iron and other metals, as well as all raw and auxiliary
materials requisite thereto, processing of steel and iron and other metals for
consumer goods, and intermediate products of all kinds, especially the
production of railroad and ship construction materials, of war materials,
ships, and machines, as well as the marketing of all these products.
c. The acquisition, erection, and operation of new plants and
the conclusion of all kinds of transactions which further the purposes named
under a and b.
d. The operation of other
enterprises and the undertaking of all kinds of business which are considered
as being in the interest of the corporation.¹ |
| |
| Article 3 |
| |
| The corporation is authorized to found branch establishments and take
part in other enterprises. |
| |
TITLE II
ORIGINAL CAPITAL, SHARES, SHAREHOLDERS
Article
4 |
| |
| The original capital of the corporation amounts to RM
160,000,000.² It is divided into 320,000 shares of RM 500
each |
| |
| * * * * * * |
| |
TITLE III
DETERMINATION AND DISTRIBUTION OF
PROFITS |
| |
| * * * * * |
__________
¹ Regarding the
position of subordinate plants of the Krupp concern, the financial control of
the central Krupp management over these plants and related matters. see the
extracts. from the testimony of the defense witness Johannes Schroeder,
reproduced in section VII D 4. Schroeder has been chief of the financial
department of Krupp from 1943 to the present time.
² The original
capital, which amounted to 160 million marks, was increased to 180 million
marks by the resolution of the general meeting of 8 December 1906 and to 250
million marks by the resolution of the general meeting of 12 December 1914. In
accordance with the resolution of the general meeting of 19 December 1921, the
original capital was increased by 230 million marks in 1922 and 1923 and was
reduced to 160 million marks by the resolution of the general meeting of 18
January 1925
228 |
. 
