Connecticut western news., 1897-03-18
AGAINST THE TRUSTS
TWO elLLs INTRODUCED IN THE
 NEW YORK LEGISLATURE.
One Is Similar to That of Assembiyman RobbIns, Which Failed to Become Law Last Year-roreigp combi Made Liable Under the Proposed stztutea

One Is Similar to That of Assembly J man RobBIns'. Which Failed to Become . Law Last Year-Torsigp Com pines Made Liable Under the Proposed ststutea
 ALRANY, March l7.-1t remained for Charles Z Lincoln, the legal adviser of Governor Black, to draw the antitrust bills for the recent trust Investigating committee. The bills have been introduced in the senate and werc mnde a special orr dor for discussion in the senate tomorrow.
 Tho most important Is sort of para phrase of the Robbins antitrust bill of last year, which failed to bc one law. 10 de- elares Co be against public policy and He gal and void any of these things.
 "Evcry contract agreement, arrange mcnt or combination whereby monopoly in the manufacture or sale In this etato of any article or commodity of common uao is or may be created, established or main tainod, or whereby trade or commerce in this state in any such article or conmodi- ty is or may be restricted, or whereby com petition In this state in the supply or prioe of any such article or commodity ip or may bo restrained or prevented. or where by for tho purpos, c. creating, establish ing or maintaining a monopoly withis this state of the manufacture, production or sale of my such article or commodity. the free pursuit of my lawful business. trade or occupation Is or may be restricted or prevented.
 Provide. Fine and rmprisanmsnt.
 If any of the~o offences arc committed by an individual, the penalty is 5000 fine and years Imprisonment, nnd If by a corporation a fine of sb,0no, so that the individual gets the worst of it The nttor- ney general is authorized to bring suit bo restrain persons or corporations from dos ing these illegal acts
 Then follows the procedure under which the attorney general must act In order to get evidence on which to begin suit He must apply to n justice of the supreme court at Albany or In tho judicial district in which tho person wanted resides. and the court shall lssuo an order for tho ox. animation either before the justice or referee. The examination shah be con- tluctcd under the rules of civil procedure. and tho witness shall not be excused from testifyinR or producing hls books and may be punlshcd for contempt
 Az to Foreign corperntian.
 Tho other bin requires tho filing by for. eign corporations doing business In this state of elaborate annual reports. tho pro visions being similar to those of the law of Massachusetts. It oompels corporations to keep n stock book containing the names of all stockholders, which shall bo opan during business hours to stock holders and judgment creditors, and makes officers and stockholdars of foreign corporations liable the same as officers md stock hold CTS of domestic corporations arc liable, foi theso offonses;
 First, the making of unauthorized div. idonds; second, the creation of unauthor~ ized and excessive Indebtedness; third, unlawful loans to stockholders; fourth. making false certificates. reports or public notices. fifth, all Illegal transfer of the stock md property of such corporation when it Is insolvent or its solvcncy it threatened; sixth, the failure to pay In full tho whole amount of tho capital stock of any such corporation and failure to file an annual roports seventh, such liabilities may be enforced In the courts of this state in tho samo manner as similar liatilitiee imposed by law upon tho oil oers, dircotop and stockholders of domestic corpora tions."