The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1905-02-04
raj Assembly of the State Of New Jer-

scribed by the president and attested
by the secretary. under The seal Of any
Incorporated board or boards Of trade
Of any city in this STATE alleging (a1
That any corporation organized under
the laws of this State is engaged in a
business or occupation popularity know ,
as a trust or has entered into agree
ments, whether written or verbs
has effected understandings bStween
itself and other companies, corporations
or individuals in this or any other State
for the purpose Of restraining trade and
commerce OF Of creating Il monopoly in
any line Of business. or (b1 That such
agreements or understandings have been
effected for the purpose of fixing the
rates and charges for the purchase or
sale of goods. wares and merchandise
or certificates of stock, or for the pur-
pose Of regulating or fixing the pur-
chasing or selling price Of shares Of
stock in the stock market with the OBJ
iect Of cheating and defrauding the pub
lie in this and other States Of the
United States, or for the purpose of
overcapitalizing its property and issuing
certificates of stock thereon bearing no
true relation to the fair market value of
said property or (cl That such agree
ment or understandings exist for the
purpose of fixing and regulating the
prices Of the necessaries Of life or the
rates and fares for public travel and
The freight rates upon goods, wares and
merchandise in this State or in any
other State of the United States, or be-
tween the States or in any possession
or dependency of the United States; or
(dl That any agreements or understand
ings exist with such corporation in vio-
lation of the provisions of any act of
tlte SobS1 1eSs u INV 1AitSN h2fatSs II
tended TO regulate commerce between the
States and particularly in contravention
of the act of Congress. entitled. An act
to Regulate Commerce" approved Feb
ruary 4, 1887, and the aeSs amendatory
thereof and supplementary thereto, and
oc 49, oot oe fsa,,.,rass ,,t;tlaJ GA -,
act to protect trade and commerce
against unlawful restraints and monop-
olies. approved July 2. 1890, and the
acts amendafory 4iiereof or supplement
tary thereto, il shal. be the duty of the
Attorney General to investigate said
complaints anu for that purpose give
a hearing 10 the said board or boards Of
trade for The purpose Of enabling it or
them in summary manner TO confirm
and support tie charges and if a prima
facie case be established by said board
or boards Of trade it shall be the duty
of the Attorney General TO forthwith
file a bill of complaint in the name of
the State as complainant against such
effonding corporation as defendant in
the Court of Chaneery. praying for the
forfeiture or annulment Of its charter or
certificate Of incorporation upon the
grounds aforesaid or any of them, and
be shall conduct the proceedings thereon
TO the final hearing and determination
of the same.
t2) Said suit shall proceed to hearing
and fnal determination in the same man
ner as other suits in the said court.
and the defendant corporation shall
have the same rights and privileges as
to process. answer and privileges as are
now accorded to defendant by the
laws Of this State and the rules and
practice Of the Court Of Chancery# as
TO the hearing and final determination
/ Of said cause; provided, however. that
the Chancellor shall give the preference
to said cause for hearing and final de-
termination as a suit involving the pub
lie welfare and either parties to the
suit may appeal from the decree to the
! Court of Errors and Appeals,
4 81 The Chancellor or Vice Chancellor
who shall hear the cause shall file his
conclusion within thirty 600 days from
/ The date of the hearing and if the alle-
cations Of the bill be sustained q de-
cree to that effect shall be entered in
the said court by the Attorney General
and he Shall transmit certified copy
thereof TO the Governor, VINO, upon re-
ceiving the same (if no appeal be taksr
tllerefrom within the time required by
law and the rules and practice Of tho
COURT, shall forthwith issue his procla-
nation forfeiting and annualing Che char
ter. license or certificate Of ineorpora-
ton Of the said corporation. which pro-
eIamation shnll be substantially IN thf
form and published in the manner ol
proclamations now issued and published