Its first share-holders were the three directors of Condor Syndikat, including Fritz W. Hammer, and the Brazilian Count Pereira Carneiro, owner of Jornal do Brasil and a shipping company.
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On November 17, 1926, a German commercial mission was organized by the Pilot, Engineer and General-Director of Condor Syndikat Fritz W. Hammer, with the presence of Dr. Hans Luther, a former chancellor of the German Reich, at the time of the Weimar Republic took off from Buenos Aires.
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