Bryan morning eagle. [volume] (Bryan, Tex.) 1898-1909, 1899-05-25
THE ANTITRUST BILL.
Full Te.t Of the Measure as Passed
by the Texas Legislature.
1T Is FULL AND COMPLETE.
The Bill Prohibits Pools, Trusts, MOnOp.
olies and Consplracles 10 Control
Business and the Prices
Of All Articles.

pools trusts, monopolies and conspir-
aciea to control business and prices Of
articles, to prevent the formation or
operations Of pools. trusts. monopolies
and combination Of charters Of corpo.
rations that violates the terms Of this
act, and toauthorize the institution Of
prosecutions and suits therefor
De It enacted by the legislature Of the
state Of Texas:
Section !. ANY corporation organized
under the laws Of this OF any other state
OF country. and transacting OF conduct.
ing any kind Of business In this state OF
any partnership, or individual, or
other association Of persons whatsoever,
who shall create. enter into, become o
member Of or party 10 any pool, trust,
agreement combination. confederation
or understanding with any other corpo.
ration. partnership individual or any
other person or association Of persons.
TO regulate or fix the price Of any article
OF manufacture. mechanism. merchan.
disc. commodity. convenience, repair.
any product Of mining. or any article OF
thing whatsoever, or the price Of pre-.
MUM TO be paid for insuring property
against loss or damage by fire. lightning
or storm, or 10 maintain said price when
so regulated on fixed. or shall enter into,
become member Of or a party 10 any
pool agreement. combination, contract,
association or confederation t0 fix OF
limit the amount or quality Of any ar
ticle Of manufacture, mechanism, mer.
chandise. commodity. convenience re.
pair, any product Of mining, or any ar.
ticle or thing whatsoever. or the price
OF premium to b. paid for insuring prop.
erty against loss or damage by fire,
lightning. storm. cyclone, tornado OF
any other kind Of policy issued by any
corporation. partnership. individual OF
association Of persons aforesaid. shall b.
deemed and adiudged guilty Of con.
spiracy 10 defraud. and 10 be subject
10 the penalties As provided by this act.
Sec. . A monopoly is any union
OF combination or consolidation or afili
alton Of capital, credit. property. assets,
trade. custom. skill or acts, or Of any
other valuable thing or possession by OF
between persons. firms OF corporations
or associations Of persons. firms or cor.
porations. whereby any one Of the pur
poses or objects mentioned in this act Il
accomplished or sought 20 be- accom-.
plished, or whereby any one or more Of
said purposes are promoted or attempt
ed 10 be executed or carried out OF
whereby the several results described
herein are reasonably calculated 10 b.
produced, and monopoly, as thus de-
fined and contemplated includes not
merely such combinations by and be-
tween two or more persons. firms or cor
porations acting for themselves, but Il
especially defined and intended 10 include
all aggregations, amalgamntions, aiiilia
ti0ns. consultations or interpretations,
Of capital. credit, skill, assets, property.
custom, trade or other valuable thing or
possession. whether affected by the ordi
nary methods Of partnershipor by actual
union under the legal form Of corpo.
ration or an Incorporated body resulting
from the union of one or more district
firms or corporations or by the purchase.
acquisition or control OF shares or cortif.
Gates Of stock, or bonds. or other corpo.
rate property or franchises. and all cor
porations or partnerships that have
been or may be- created by the consolida
ton or amalgamation Of the separate
stock, bonds, capital. assets, credit,
properties customs trade or corporate
or firm belongings Of two or more firms
or corporations or companies are espe
cially declared 10 constitute monopolies
within the meaning OF this act, II "a
created or entered into for any one OF
more of the purposes named ia this act
and monopoly" M defined in thi.
section Is hereby declared 10 be unlaw
full and against public policy aud any
and all persons, firms, corporations on
associations Of persons engaged therein
shall bs deemed guilty Of q conspiracy
10 defraud and shall be subject 10 the
penalties prescribed in this act
Sec 3 n any person, persons compa
ny, partnership association or corpora.
ton engaged IN the manufacture Of any
article Of commerce or consumption
from the raw material produced OF
mined IN this state. shall. witt
the intent or purpose Of driving
out composition or for the pur.
pose Of financially iniuring com
petitors sell at less than the cost of
manufacture, or give away their manu-
featured products fer the purpose of
driving ont competi tiou or financially in
juring competitors engaged Ina the manu-
facture and refining Of raw materials IN
this state. said person. persons, company
partnership, association or corporation
resorting 20 this method of securing
monopoly IN the manufacture. refining
and sale Of the finished product pro
duced or mined IN this state, shall b.
deemed guilty of a con spiracy 10 form o.
secure trust or monopoly In restrain
Of trade and ON conviction shall bs
subject 10 the penalties OF this act
Sec I. If any person. persons
company, partnership, association, cor
poration OF agent engaged IN the man
ufactuTe or sale Of any article Of com
tnarca ar ,.onentnptfnt, trr.luead ,nnuu.