The Union times. [volume] (Union, S.C.) 1894-1918, 1902-02-21

limit the amount or quantity of any
article Of manufacture, mechanism,
merchandise, commodity, con-
venience, repair, any product of min
ing, or any article or thing whatso-
ever, or the price or premium to be
paid for insuring property against
loss or damage by fire, lightning,
storm, cyclone, torna1o oc any 9th er
kind Of policy issued by any cor
poration, partnership, individual or
association of persons aforesaid. shall,
be deemed and adjudged guilty OF q
conspiracy to defraud, and to be
subject to the penalties Us provided
by this Act.
1t will be seen by the following,
that almost every conceivable combi-
nation is covered by the Act, and it
might be somewhat of an unhealth y
undertaking to attempt to get around
the provisions, while attempting to
carry out the objects mentioned in
this Act.
MoNoPoLIEs KNOCKED OUT
A monopoly" is any union, or
COLloludUlOu, oE COuSOlludClOu, OC
affiliation Of capital, credit, property
assets, trade, custom, skill or acts,
or any other valuable thing or possess
sion, by or between persons, fins or
corporations, or associations Of
persons, firms or corporations, where
by any one Of the purposes or objects
mentioned in this Act is accomp.
lished, or sought to be accomplished,
viz with the intent or purpose
Of driving out competition, or for the
purpose Of financially injuring COM
petitors,) or whereby any one or more
of said purposes are promoted, or
attempted to be executed or carried
out, or whereby the several results
described are reasonably calculated
to be produced and monopoly"
as thus defined and contemplated
includes not merely such comblna-
tions by and between two or more
persons, firms or corporations acting
for themselves, but is especially de-
fined and intended to include all
aggregations, amalgamations, affili-
ations, cancellations or incorpora-
tions of capital, skill, credit, assets,
property, customs, trade or other
valuable thing or possession, whether
effected by the ordinary methods Of
partnership or by actual union under
the legal form of a corporation, or an
incorporated body resulting from the
union Of one or more distinct firms or
corporations, or by the purchase,
acquisition or control of shares or
certificates of stock or bonds, or other
corporate property or franchises, and
all corporations or partnerships that
have been or may be created by the
consolidation or amalgamation of the
separate capital, stock, bonds, assets,
credit, properties, custom, trade or
corporate or firm belongings of two
or more firms or corporations or COM
panies, are especially declared to
constitute monopolies, within the
meaning of this Act. as defined in
this section, is hereby declared to be
unlawful and against public policy !;
and any and all persons, firms,
corporations or associations Of per-
sons engaged therein shall be deemed
and adjudged guilty Of conspiracy
to defraud and shall be subject to
the penalties prescribed in this Act,
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ANY person, partnership, firm or
association. or any representative or
agent thereof. or any corporation or
company, or any officer, represen-
tative or agent thereof, violating any
of the provisions Of this Act, shall
forfeit not less than two hundred
dollars. nor more than five thousand,
for evey such offence and each day
such person, corporation, partnership p
or association shall continue to do so
shall be separate offence, the pen
alties in such cases to be recovered
by an action in the name Of the State,
at the relation of the Attorney Gen
eral or the Solicitor of the judicial
district within which such offence
was committed, the moneys thus
collected to go into the State treas
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