Olma

The Numa Jeannin watch company, maker of Olma brand watches, was established in Fleurier in 1906. Both brands continue to this day in the hands of Hong Kong based company.

Important People

• Numa-Augustin Jeannin (-1958?) married Louise Jeannin-Marchand
  • Numa-Aurèle Jeannin
  • André-Paul Jeannin (-1962?)
  • Edouard Jeannin

Timeline

• 1906, December 1 - The Numa Jeannin company is officially established in Fleurier; Numa-Augustin Jeannin is the head; the company was a "Manufacture of watches"; it was located at Rue du Pasquier in Fleurier
• 1914, August - Louise Jeannin-Marchand is given authority
• 1938, July - The company confers power of attorney to Numa-Aurèle Jeannin, André-Paul Jeannin, Edouard Jeannin, and Ernest Strahm
• 1942, December 10 - A new public limited company is created in Fleurier called Numa Jeannin SA; the company focuses on "the manufacture and trade of watches and all other articles of watchmaking and mechanics, the acquisition of all real estate or real estate, and in general all similar operations"; the company has the right to open branches in Switzerland or abroad, and it can assume participations in all companies in Switzerland or abroad, acquire or create similar companies, and take charge of all operations that are likely to develop the purpose of the company; share capital is 500,000 francs divided into 100 registered shares of 5000 francs each; the board of directors is composed of President Numa-Augustin Jeannin, Vice-President Numa-Aurèle Jeannin, André-Paul Jeannin, and Edouard Jeannin; Numa-Augustin Jeannin is functions as Managing Director and individual signature; proxy officers are Louise Jeannin née Marchand and Ernest Strahm; offices are Rue de l'Hôpital 33
• 1942, December 23 - The assets and liabilities of the Numa Jeannin company are taken over by the public limited company Numa Jeannin SA of Fleurier; the balance sheet as of December 31, 1941 including assets of 1,766,412 francs and liabilities of 1,082,151 francs, leaving net assets of 684,261 francs; for the resumption of his accepted contribution at the price of 684,261 francs, Numa-Augustin Jeannin receives 90 shares of 5000 francs each, and his wife Louise Jeannin-Marchand receives 7 shares of 5000 francs each for a total of 485,000 francs; Numa-Augustin Jeannin remains a creditor of the company for the balance of his contributions, 199,261 francs; in addition, an action of 5000 francs each is given to Nuna-Aurèle Jeannin, André-Paul Jeannin, and Edouard Jeannin in compensation for receivables on the balance sheet; 100 nominative enjoyment vouchers are created giving their holders a right to profits and to the distribution of funds in the event of liquidation under the articles of association
• 1947, June 3 - Following its general meeting, the company increases its share capital from 500,000 francs to 750,000 francs by issuing 50 shares of 5,000 francs each, fully paid up by compensation with claims of 250,000 francs against the company; the company has also created 50 new vouchers; share capital, fully paid up, is currently 750,000 francs, divided into 150 shares of 5,000 francs each, and the number of vouchers is currently 150; Numa-Aurèle Jeannin was appointed second managing director; the company is represented by the managing directors Numa-Augustin Jeannin and Numa-Auréle Jeannin, signing individually, as well as by the other directors André-Paul Jeannin and Edouard Jeannin, signing collectively in pairs, or with one of the proxies Louise Jeannin née Marchand and Ernest Strahm
• 1958, July - Following the death of Numa-Augustin Jeannin, Numa-Aurèle Jeannin is promoted to President of the board, André-Paul Jeannin becomes vice-president, and Edouard Jeannin and Louise Jeannin née Marchand remain on the board
• 1962, February - Following the death of André-Paul Jeannin, Edouard Jeannin is appointed vice-president of the board of directors; collective power of attorney for two is conferred on Charles Reussner and Arno Heggli
• 1968, September - Louise Jeannin-Marchand and Ernest Strahm have resigned, while Walter-Auguste Schneider joins with power of two
• 1972, October - The signature of Walter-Auguste Schneider is removed
• 1974, July - Paul-Roger Buchle was appointed a proxy with a collective signature of two