The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-05-13


substitute for section of the bill. was
adopted; ayes 81. noes &c.
Mr.. wooten offered the following
amendment: Insert as section la, the
following;
Section IA. A monopoly" Is any union
or combination or consolidation or afilia-
ton of capital, credit, property, assets.
trade, custom. skill or acts or of any other
valuable thing or possession by or be-
tween persons, firms or corporations or
associations of persons, firms or corpora
lions whereby any one of the purposes or
objects mentioned in this act 10 accom-
pllshed or sought to be accomplished or
whereby any one or more Of said purposes
are promoted or attempted TO be executed
or carried out or Whereby the several re-
suits described herein are reasonably CAL
oulated TO be produced, and monopoly
as thus defined and contemplated includes
not merely such combinations by and be-
tween two or mere persons, firms or cor
porations acting for themselves, but is
especially defined and intended TO include
all aggregations, amalgamations, afhlia-
tons consultations or Interpretations OF
capital skill, credit, assets, property. GUS
tom, trade or other valuable thing or pos
session. whether effected by the ordinary
methods OF partnership or by actual union
under the legal form of a corporation or
an Incorporated body resulting from the
union OF one or more distinct firms or cor
porations aud all corporations or partner
ships or by the purchase, acQuisition-or
control of shares or certificates OF stock
or bonds or other corporate assets or fran
chise may be created by the consolidation
or amalgamation Of the separate capital.
assets, credit, properties, customs trade
or corporate or Arm belongings of two or
more nsns or corporations or companies
arc specifically declared to constitute
monopoles within the meaning of this
act, II so entered into for any one or more
OF the purposes named In this act.
The amendment was adopted.
Mr.. Thomas OF Fannin offered the fol-
lowing.
Add az section "a the following.
II any person, persons company. part
nershp, association. corporation OF agent
engaged in the manufacture or snlc OF any
article of commerce or consumption pro-
dueed manufactured or mired in this
State or elsewhere shall with the intent
or purpose OF driving out competition or
for the purpose or financially lnjurng
competitors, sell within this State at less
then cost OF manufacture or production or
sell in such way or give away within this
State their products for the purpose of
driving out competition or financially in
iuring competitors engaged in similar
business, said person, persons, company,
partnership association, corporation or
agent resorting to this method OF securing
a monopoly within this State In such bust
ness SndIl ne dec9eu guilty oil a conSpir-
acy TO favor or secure trust or monopoly
in restraint OF trade and on conviction
thereof shall be subject to the penalties
of this act, Adopted
Mr.. Kennedy offered an amendment TO
provide that all corporations, firms or as
sociations of individuals engaged in the
manufacture or barter, sale or exchange
OF any article or thing OF common use or
necessity with an authorized capital OF
81 100000 or more and any corporation
which buys, absorbs, co-operates or con-
solidates with any other person, frm, as
ISOLATION or corporation engaged in the
manufacture barter, sale or exchange Of
any article or thing of a similar kind or
character shall be adjudged monopoly
and subject to the penalties provided in
the act. Lost.
Mr.. GToEan offered the following amend
ment which was adopted.
Insert as section 3A:
II any two or more persons firms or
corporations who are engaged In buying
or selling any article OF commerce, manu-
facture. mechanism, merchandise. eomnio-
dity, convenience, repair and product OF
mining or any article or thing whatsoever
shall enter into any pcnl, trust, agreement,
combination. federation, association or
understanding to control or limit tho trade
in any such article OF thing; or TO limit
/ ccnFettion in such trade by refusing 10
/ buy from or sell to any other person or
corporation any article or thing aforesaid
! for the reason that such other person or
corporation is not member OF or party
10 such pool, trust, agreement, combina-
tion. confederation. association or under
standing; or shall boycott or threaten any
! person or corporation for buying from or
selling to any other person or corporation
who is not member of or party to such
| pool trust, agreement, combination, con-
! federation. association or understanding.
any such article or thing aforesaid shall
be violation OF this article
4 An amendment by Vaughan was adopted
providing that the fees allowed district at
| torDeys for representing the State in cases
arising under this act shall be over and
above the fees allowed him by the general
! fee law.
Mr.. Powell offered an amendment to
provide that all foreign corporations be-
longing TO pools. trusts or combines In
any State OF county whatever are prohibits
ed from transacting business In Texas.
/ Tabled.
The bill was ordered engrossed: ayes
10l, noes 3; and was then passed finally
| by a viva yoce vote.
The house ad,oufnsd 70 : o'clock -
| morrow morning.