The Greenville times. [volume] (Greenville, Miss.) 1868-1917, 1900-02-24
MISSISSIPPI MATTERS.
NOTES OF PAST AND CURRENT EVENTS.
@ By J. L. POWER.

attention of the grand jury of their re-
spectiVe districts to this provision.
Sec. ). No corporation shall directly or
indirectly purchase or own the capital
stock, or any part thereof. of any other
corporation, nor directly or indirectly pur-
chase or in any manner acquire the fran
chise, plant or equipments of any other
corporation, if such other corporation be
engaged in the same kind of business and
be a competitor therein. Any corporation
offending against this provision shall for
felt its charter if domestic corporation.
| and, if foreign corporation, shall forfeit its
| right to do business in this State, and
sholl be proceeded against by the Attor-
ney General in manner and form provided
in Section 4 of this act.
Sec. 6. No corporation, domestic or for
eign, shall engage in any business not ex-
pressly authorized by its charter nor fair
ly and reasonably incidental to the bust
ness therein authorized. Any corporation
offending against this provision shall. if
a domestic corporation, forfeit its charter,
and, if foreign corporation. shall forfeit
its right to do business in this State and
shall be proceeded against by the Attor
ney General in manner and form provided
by Section of this act.
Sec. I. Any person injured or damaged
by trust and combine, as herein defined
or its effects direct or indirect, NAV, in
each instance of such injury or damage,
recover the sum of five hundred dollars.
and all actual damages; and he NAV
maintain his action therefor against one
Of tho ri ioSf n ho
combine, their attorneys officers and
agents, and that whether or not all the
parties to the trust and combine be
known, or whether or not the trust and
combine were made oi~Aall exist in this
State. And in any suit under this section.
proof by any party plaintiff, that he has
been compelled to pay more for any COM
modify, or to accept less for any com
modify, or to pay more for any service
by any corporation exercising public
franchise, by reason of the unlawful act
or agreement of the defendant trust, its
officers, agents or attorneys than he would
have been compelled to give or accept, but
for such unlawful act or agreement shall
be conclusive evidence of damage. and in
every such case proof of an unlawful pur-
pose or agreement to raise or lower price
or cost shall be conclusive evidence that |
such price or cost was raised or lowered |
by reason of such purpose or agreement.
Sec. s. If any person, association, firm /
or corporation shall combine with any
other person, association, firm or corpora
ton, or if either of them combine with one
or more of the Others, to prevent. by pool
ing, any or either of said persons, asso-
Citations, firms or corporations from sepa-
rately or individually bidding for the
performance of a public work for the
state, or any county, municipality, or
evee board thereof; OF if any person.
association, firm or corporation shall pre-
vent, by persuasion or reward, any other
person, association, firm or corporation, or
any one or more of them, from bidding
or the performance of such public work,
Lhey, and each of them, shall be guilty
't a misdemeanor. and shall be fined not
ess than twenty-five nor more than one
thousand dollars.
sec. y. All sums of money to be paid on
my contract on behalf of the State, or
my county, municipality or levee board
hereof, when the provisions of the last
preceding section have been violated,
man not De collectlble, nor shall the same
le paid by any officer or board having
he payment thereof.
sec. III. All acts and parts of acts in
onfiict with this act are hereby repealed.
nut no right, liability, pain, penalty, for {
eiture or prosecution under laws existing
nor to the passage of this act shall be
anywise affected thereby, but the same
lay be asserted, prosecuted, declared. in.
icted and imposed under the laws in
orce prior to the adoption of this act.
Sec. ii. This act shall be literally con-
rued in all courts to the end that trusts
nd combines may be suppressed and the 9
'nefits arising from competition in bust. :
,ss preserved to the people of Il - State. a
1t is thought the Legislature will adj
urn on Friday, March 0. Many of the il
ost important measures are SIN being fC
rejected IN the committees. ii