The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-04-23
TEXT OF THE BILL
which Is Now Being Discussed, and
Proposed ndInents.

Proposed Amendments.
Following is the text of the proposed
antitrust law, concerning which SO much
has been said In last few days:
The bill is reprinted by request.
Be 1t enacted by the legislature OF the
State OF Texas:
Section Amy corporation organized
under the laws OF this or any other State
or country and transacting or conducting
Any kind OF business in this State. or
any partnership or individual or other as
ISOLATION OF persons whatsoever. who shall
create, enter into, become member OF
or a party to- any pool, trust, agreement.
combination, confederation, or under
standing, with any other corporation.
partnership. individual or any other per-
son or association OF persons. to regulate
or fx the price OF any article OF manu-
tacture, mechanism. merchandise. com
modify, convenience. repair any product
OF mining or any article or thing what
Boeyer, or tho price OF or premium to be
paid for insurlng property against loss or
damage by Are. lightning or storm, or 10
maintain ssld price when so regulated OF
| fxed, shall onter into, become member
OF or party to any pool agreement, com
| bination. contract, association or confed-
Grafton to fx or limit the amount or guam
| tity of any article OF manufacture, mech
hnism merchandise. commodity, conVe-
nience, repair, any product OF mining or
any article or thing whatsoever, or mo
price or premium TO be paid for insurln8
property against loss OF damage by hre
lightning, storm, cyclone tornado. or any
other kind OF policy issued by any cor
pcrntion, partnership, Individual or as
ISOLATION of persons aforesaid, shall be
deemed and ndiudged guilty Of con-
spiracy to defraud and BIO oubjoct to tho
penalties m provided by this act.
Section 2--Any person. partnership hrm
or association, or any representative or
agent thereof or any corporation or com
pany, or any officer. representative or
agent thereof. violating any OF the proW-
bions OF this act, shall forfeit not lena
than 5000 nor more than S50oQ for each
} offense. and each day such person. cor
poratlon, partnership or association shall
continue shall be a separate ohenso the
penalty In such case TO be recovered by
an action In the name of the state at the
relation of the attorney general or the
district or county attorney. The moneys
thus collected to go into the treasury ana
to become part OF the general fund ex-
cept as hereinafter provided.
Section 2--Any corporation created or
organized by or under the laws OF this
State which ahall violate any OF the pro-
visions of the preceding sections OF this
act shall thereby forfeit the corporate
existence shall upon proper proof being
made thereof in any court OF competent
Jurisdiction in the state, he by the court
declared forfeited. void and OF non effec,
and shall thereupon cease and determine
and any corporation created or organized
by or under the laws OF any other state
| rxf,t.h hah VII nf
provisions OF the preceding sections Of
this act, shall thereby forfeit Its rights
, and privileges thereafter TO do business
in this State; and upon proper proof be-
ing made thereof In any court OF compc-
tent jurisdiction in this State, its rights
I and privileges TO do business in this stats
shall be declared to be forfeited, and In
, Ill proceedings to have such forfeiture
declared proof that any person who has
been acting as tho agent OF such foreign
, corporation In transacting Its business In
this State. has been, while acting as such
agent and In the name. behalf or interest
OF such foreign corporation, violating any
, provisions OF tho preceding sections of
this act. shall be received nS prima facie
, proof OF the act OF the corporation itself;
and II shall be the duty OF the clerk Of
! said court &c certify the dearee thereof
, TO the secretary OF ntate; and II II b,
an insurance company to the commissioner
OF insurance. statistics and history OF the
, State, who shall take notice and be gov
erned thereby as 10 the corporate powers
! and rights OF said corporate powers ant
righta Of said corporations.
, Section at shall be the duty OF he
secretary OF state on or about the first day
! OF July OF each year TO address to The
president, secretary or treasurer of each
incorporated company doing business In
a this state, a. letter Of inquiry as TO whether
! the said corporation has all or any part
, OF its business or interest In or with any
trust, combination or association OF per,
I, sons or stockholders as named IN the pre-.
cedinK provisions OF this act. and 10 re-
quIre an answer, under oath OF the presi,
, dent. secretary or treasurer or any dice.
. Tor Of said company; form Of shldavi'
= hall be Enclosed In said letter OF in
: quiry as follows.
!. AFFIDAVIT; state OF Texas. County o.
n ---- I, -. DO solemnly swear
a that am the (president. score,
= tary. treasurer or directory OF the cor.
!, poration known and STYLED ---, duly
/ incorporated under the laws Of ------
on the day of -~------. IS. and nov
Il uansaeting or conducting business In tn,
a State OF Texas. and that ! am duly au.
!. tharized 70 represent SAID corporation il
r making this affidavit, and | do furthe
y solemnly swear that the said ------ know
!, and styled as aforesaid, has not since tr
: r. OF --- manning the day upon whicl
! This act takes effectl, created, entered int,
= or become a member Of or party 10
. and was not, and is not now. a membe
: II or a party TO, any pool, trust, agree
. ment. combination or confederation o
understanding with any other corporation
r partnership, individual or any other per
s son or association OF persons to regulate
: Ct OK the price OF any article OF manu-
r facture mechanism. merchandise, com
/, mcdity. convenience, repair, any produc
4 q mining. or any article or thing what
i soever or the price or premium 10 b
! paid for insuring property against loss o