The people's journal. (Pickens, S.C.) 1891-1903, 1902-03-06

testify, or produce evidence, documel
tary or otherwise, before said Justice
Judge or referee appointed in the ordc
Tor his examination, or in obedience t
the subpoena Of the court, or refere
acting under such order, or either @
them, or in any such case or proceed
ing.
Sec. q. A referee appointed as pro
Vlded III This act possesses all the pow
ers and is subject to all the duties of
referee appointed under the code 0
civil procedure, so far as practicable
and may punish for contempt wit
ness duly served as prescribed in thi'
act for non-attendance or refusal tt
De sworn or to testify, or to produce
books, papers and documents accord
ing to the direction of the endorsement
aforesaid, in the same manner and to
the same extent as a referee appointed
to hear, try and dctermlne an issue OF
fact or law.
Sec. s. This act shall take effect i'm
mediatcly upon its approval, and shall
be deemed and taken as cumulative of
all statutes Of this State.
TO PROHIBIT TRUSTS.
Following is the full text of the act to
prohibit pools, trusts, monopolies and
consplracics to control business and
prices OF articles, to prevent the forma-
llon or corporation of pools, trusts,
monopolies and combinations of char
ters of corporations that violate terms
OF this act, and to authorize the in
sltltutlon Of prosecutions and suits
therefor.
Section |. Any corporation organic
ed 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 association of persons what
socver, who shall create, enter into, be
come a member OF or party to any
pool, trust, agreement, combination,
confederation or understanding with
any other corporation, partnership, in
dlvldual or any other person OF associa-
tlon of persons, to regulate or fix the
price OF any article Of manufacture,
mechanism, merchandise, commodity
convenience, repair, any product of
mining, of any article or thing what
soeVcr, or 70 maintain said price when
so regulated o. liked, or shall enter
into, become member of or a party tu
any pool, agreement, combination, CON
tract, association or confederation TO
liX or limit the amount or quantity of
any article of manufacture, meChan-
ism, merchandise, commodity, conve-
nience, repair, any product Of mining,
or any article or thing whatsoever, or
the price or premium to be paid for IN
surlng property against loss or damage
by fire, lightning, storm, cyclone, tor
nado, or any other kind of policy is
sued by any corporation, partnership
individual, or association of persons
aforesaid, shall be deemed and adj
judged guilty of conspiracy to de.
fraud, and to be subject to the penal.
Ties as provided by this act.
Sec. 2. A monopoly" is any
union, or combination, or consolida-
ton, or atliliation of capital, credit,
property, assets, trade, customs, skill
or acts, or any other valuable thing or
possession, by or between persons,
firms or corporations, or association of
persons, firms or corporations, where
by any one of the purposes or objects
mentioned in this act is accomplished i,
or sought to be accomplished, or
whereby any one or more Of said pur-
poses are promoted, or attempted to
be executed or carried out, or whc1e-
by the several results described are
reasonably calculated to be produced
and monopoly" as thus defined
and contemplated, includes not mere
ly such combinations by and between
two or more persons, firms or corpora
tlons acting for themselves, butts cspc-
cially defined and intended to include
all aggrcgations, amalgamations, atlili-
ations, consultations or lncorpora-
tlons of capital, skill, credit, assets
property, customs, trade, or other valu-
able thing or possession, whether cf-
fec.cd by the ordinary methods of part,
ncrship or by actual union under The
legal form lof a corporation, or an in.
corporated body resulting from the
union of one or more distinct firms OF
corporations, or by the purchase, &C
quisitlon OF control Of shares or certti
Gates of stock or bonds, or other cor
porate property or franchises, and al
corporations or partnerships that have
been or may be created by the consol-
idation or amalgamation of the sepa
rate capital, stock, bonds, assets, credit
properties, custom, trade or corporate
or firm belongings of two or more
firms or corporations or companies, arc
especially declared to constitute mo.
nopolics, within the meaning of this
act, if 80 created or entered into fol
any one or more of the purposes
named in this act; and monopoly
as defined III this section, is hereby dc
clarcd to be unlawful and against pub
lie policy; and any and all persons
firms, corporations or associations 0
persons engaged therein shall b.
deemed and adjudged guilty of a con
spiracy to defraud, and shall be sub
ject to the penalties prescribed in thi
act.
Sec. 3. If any person, persons, com
} pany, partnership, association or cor
} poratlon engaged in the manufacture
!, or sale of any article Of commerce 0
consumption from the raw matcria
with the intent or purpose of drlvin!
| ! DfO1ucp1 Or mjupl in thiS State shol