The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1907-01-21
ANTITRUST
MEASURE
.(By W. P. Vicars.l

AA6 gAAA mas bSEA AASA0auSGA ~ L2S
State Senate by Senator A. b. Little
page. OF Kanawha county. ON the
matter OF trusts. which is eorxer
as every one who reads 1t win OF
serve. The bill is as follows:
A bill defining trusts and COM
binations and making them unlaw-
full.
Be it enacted by the Legislature of
West Virginia:
Sec, /. That no corporation in
corporated under the laws of this
State or of any other states Terri
tory or any other country nor any
person. firm, association nor com
bination of persons, firms or cor
porations. shall engage in any busi-
ness undertaking which is trust or
combination under this Act.
Sec. 2. A trust is combination of
capital. skill or acts by two or more
persons. Arms. partnerships. corpora
lions or associations of persons, or
of any two or more of them, for
either, any or all of the following
purposes: /. To create or carry
out restrictions in trade or com
merce. 2. To limit or reduce the
production. or increase or reduce the
price, of merchandise or any com.
modify. 3. To prevent competition
in manufacturing, making. trans
portaaon. sale or purchase Of mer-
chandise. produce or any commod-
ity i. To fix any standard of fig
IRE, whereby its price to the public
or consumer shall be in any manner
controlled or established, any
article Tor commodity of merchandise,
produce or commerce intended for
sale, use or consumption in thrs
State. 5. To make or; enter into or
execute or carry out any contracts,
obligations or agreements of any
kind or descriptions by which they
shall bind or haye bound them
selves not to sell, dispose of or
transport any article or commodity
or any article Of trade, use, merchan-
disc commerce or consumption. be-
low IA common standard figure or
fixed value, or5by. which they shalt
agree in any manner to keep the
price of such article. commodity or
transportation at fixed or gradual
ed figure, or by which they shall in
any manner establish or settle the
price of any article, commodity or
transportation between them or
themselves and others, so as to d.
rectly or indirectly preclude a free
and unrestricted competition among
themselves, or any purchasers or
consumers in the sale or transpor-
tation of any such article or com
modify, or by which they shan ,agree,
to pool, combine or directly DR. in
directly unite any interests that they
may hate Connected with the sale on
Transportation or sale OF ANY such,
article or commodity. that its price
might in any manner be affected.
Every such trust as is defined here
in is declared to be unlawful, against
public policy and void.
Sec. 3. Every corporation moor
porated under the laws OF this State.
which shall violate any of the pro-
visions of this Act, shall forfeit its
franchise and its certificate of au-
thority to transact business in this
State shall be revoked.
Sec. 4. Every foreign corporation
or foreign association or any cor
porattop other than a corporation in
corporated under the laws of this
State. having authority to transact
business in this sthtes which ,sBall
violate any of the provisions ok this
Act shall forfeit such right to trans
actt BUSINESS 4d. this state and {, It's
certificate 81 iaath6rity to TRANSACT
business in this State shall be re-
voked.
Sec. 5. Any violation of either or
all OF the provisions Of this act shall
be, and is hereby declared con-
spiracy against trade, and any per-
son who may become engaged in any
such conspiracy or take part
therein, or aid or advise in its com
mission. or VINO, shall as principal,
manager. director, agent, servant or
employer, or In any other capacity.
knowingly carry out any of the
stipulations, purposes, prices, rates,
or furnish any information to assist
in carrying out such purposes. or or
ders hereunder or in pursuance
thereof, shan be punished by fne
of not less than fifty $500 dollars
nor more than i've thousand
Cs5.oO0)l dollars, or be Imprisoned