Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1899-05-04

enacted In 1891, but there have been
no prosecutions under it. The priuci-
pie Of combination has been sustained
by the state supreme court
Under an act Of the Ohio legislature,
passed April 0, 1893, any bination
formed to restrict commerce or pre-
vent competition In manufacturing, is
prohibited from doing business in
Ohio. 1t is sufficient to prove that
trusts exists, II shall not be lawful
for any corporation or agent thereof to
issue trust certificates or enter into an
agreement to limit the price of any ar
ticle Of commerce. Each person as
sociated with trust shall forfeit $50 q
day to the state. II combination is not
dissolved after a notice from the at
torney-goneral all such persons shall
be guilty Of misdemeanor and fined
not less than $50 nor moro than 81, 900.
Any one injured by a trust is entitled
to recover twice the amount of damage
and the cost OF the suit.
Michigan has statute which pro-
hibits the formation of combinations,
agreements or understandings design
ed to enhance, control or regulate the
market price OF any commodity. Every
contract, combination, etc, made un-
der this act shall be declared illegal
and void, whether made or entered
into within or without the confines of
this state, The penalties are fines
from 500 to $500 or imprisonment for
not more than one year, or both.
Illinois has an antitrust law forbid
ding the combination Of corporations
organized under the laws Of that or
any other state, or any association Of
persons, for the purpose of regulating
or fixing the price of any article of
merchandise or commodity, or entering
into any pool, agreement. contract
combination, etc, to fix or limit the
amount or quantity Of any article,
commodity or merchandise to be man
ufactured, mined, produced or sold In
the state.
Violation OF this act comes under the
head Of conspiracy, and guilty con-
SEPARATION may be punished by fine of
not less than $500 or more than $4,000
for the first offensc; fine of from 80, 900
to IS, 900 for the second, and from IS, 900
to $40, 900 for the third offense Indi-
vldualB or officers of corporations,
firms or associations violating this act
may also be fined from $500 to 81, 900
or imprisoned in the county Jail, or
both.
Maine has sweeping antitrust law
passed in 1889. II forbids persons or
firms forming trust to deal In arti-
cles Of common use,
There are no specific antitrust laws
in Massachusetts, but the general cor
poraton laws, requiring the paying in
of capital stock and regulating the
methods Of raising money so as not to
burden stockholders or the public,
have prevented the incorporation Of
any monapolistic trusts under Mnssa'
chusetts laws There is nothing tc
prevent Massachusetts, corporations
from uniting with trusts formed in
other states,
The legislature has voted to repeal
tho law limiting the capital of mer'
camille and mechanical corporations tc
81, 900, 900, but the requirement that all
the capital be paid in still stands. The
state deals specifically with quasi-pub'
lie corporations.
An antitrust law was passed by the
last North Carolina general assembly
but It Is not effective either to regu
late or suppress trusts No trusts arr
organized under the laws OF the state
Pennsylvania has no anti-trus
statute, though several have been in
troduced 10 the present session OF th,
legislature. Under the common Law
monopolistis trusts have been declared