Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1899-03-31
NEW COMMERCE
COMMISSION
Provisions OF Law Regulating Sale
and Prices Of Coal Oil in
New Mexico.
APPOINTED BY GOVERNOR
Corporations, Oo-partnerships and Persons
Dealing in Petroleum Products Must
Have License Penalties for Viola
ton of The Law-Cost of
License.

License.
The new law creating a commerce
commission and defining its duties, as
passed by the Legislature and approved
by the governor, reads as follows:
Section /. There is hereby created a
board, to be known and called the ter
ritorial commission, to have
such jurisdiction as may be lawfully
conferred upon it by this act, or by any
other act of the legislative assembly of
the territory of New Mexico. Said COM
mission shall consist of three members,
and shall be appointed by the governor
in the same manner prescribed by law
for the appointment of other territorial
officers, and who shall hold their offices
for two years and until their successors
are appointed and qualified. After their
appointment they shall proceed to or
ganize by the election of n of their
number president, and another secreta-
ry. Said commission shall have full
power to adopt such lawful rules and
regulations in relation to the matters
and things submitted to their jurisdic-
ton as they may see fit,
Section 2. No corporation, either for
eign or domestic, engaged in the bust
ness of producing or refining petroleum
| or coal oil, or the products thereof for
1 III 1Jntontitoo ynlryNrcnc cbn11 he yyn
| the right to sell said commodities with
in the territory of New Mexico until a
license has been issued by said terrific
| rial m commission authorizing
| such corporation to engage in the bust
| ness of selling and disposing of such
products. No such license shall be is
sued in case of any foreign corporation
until it shall have complied with the
laws of the territory of New Mexico,
authorizing it to do business in the ter
ritory, and then only when written APP
l plication therefor is made. For such
license every such corporation shall pay
l the sum of $500, to be paid into the ter
| ritorial treasury, and to be credited 70
the miscellaneous fund. Said Incense
| shall authorize such corporation to do
business for a period Of one year ueiess
l sooner revoked. Upon complaint by any
| citizen of the territory that any such
| corporation has been violating any of
the provisions Of sections 1892, 1898, or
1894, of the Compiled Laws of 1897, as
to any county, city, town or village in
the territory, the license granted to it
to do business may be revoked, For
| the purpose of determining whether or
not such corporation has been guilty
of such violation, it shall be necessary
that an indictment shall have been
found and conviction had hereon under
the aforesaid provisions of the Com
piled Laws. Said commission may in
quire into the facts of any alleged vio-
lation of said sections, and if Upon such
inquiry it is determined that said pro-
visions nave been violated, it shall re-
woke the license of such corporation.
If any such corporation shall attempt
to do business in this territory with
out having obtained such license, or,
if having obtained the same, shall at
tempt to do business after revocation
thereof, it and it's agents shall be DEEM
ed guilty of a misdeamor, and upon
conviction thereof shall be fined in any
sum not exceeding five thousand dol
lars, or, in case a natural person, i'm
prisoned for a period not to exceed two
years in the territorial ~penitentiary, or
by both fine and Imprisonment.
Sec. 3.-No corporation, partnership
or person shall Engage in the business
of selling at retail any of the said COM
modities mentioned in section two of
this act in the territory of New Mexico
until a license has been applied for and
issued by said commission such license
shall be for the period of n year, UNI
less sooner revoked by the said commits
sion. Whenever said commission is sat-
isfied that such corporation, partnership
or person has entered into any combina-
ton to purchase such commodities from
any corporation. partnership or person
not authorized to do business in aid
territory, for the purpose of bringing
them into the territory and disposing of
them in violation Of section 1898, of the
Compiled Laws of 1897, and is thereby
monopolizing or attempting to monopo-
lie the trade or m of any part
of the territory in said connection, 1T
shall forthwith revoke the license of
any such licensee.
Sec. 4.--No corporation, co-partner-
ship or person shall sell or dispose of.
or offer to sell or dispose of any of said
commodities mentioned in section 2 of
this act, produced or refined in this ter
ritory or elsewhere, until a license has
been procured in the manner provided
for in the proceeding sections, and it
shall be the duty of said commission,
whenever it satisfies itself that the H.
censee to whom such license has been
granted has entered into any combina-
ton with the producer, refiner or dealer
from whom such commodity has been
purchased, in violation of section 1898,
to forthwith revoke such license.
Sec. 5.--Al corporations, co-pdrlneI-
ships or persons who purchase and sell
more than three thousand dollars in
value of such commodities per annum,
estimated at the market price thereof,
shall be deemed wholesale dealers, and
all others shall be deeped retail deal
ers. Said commission shall charge for
a wholesale license the sum Of twenty
five dollars, and for a retail license the
sum of one dollar. The corporations
mentioned in sections 2 and 3 of this
act shall be deemed producers and re-
fners. and any corporation rather ac-