The Caucasian. (Clinton, N.C.) 188?-1913, 1909-09-02

The Bill Passed BY the Legislature Of
1907 and as Amended I'm 1909.

The Bill Passed BY the Legislature Of
1907 and as Amended In 1909.
There has been sent out by Private
Secretary Field, OF the Governors Of
dee. to the newspapers Of the State.
copies of the Antitrust Law Of
North Carolina. with the request that
1t be published. The new portions OF
the law passed by the Legislature Of
1909. are put in black type. The
law reads as follows:
Antitrust Law ct North Carolina.
Being Chapters 218 and 219 of the
Public Laws of 1907, with the
amendments made by Chapter 448
Of the Public Laws of 1909. incorpo-
rated therein. The amendments of
1909 are indicated by black face
type.
An act prohibiting conduct within
the State of North Carolina which in
terferes with trade and commerce.
The General Assembly of North
Carolina do enact:
Section /. That 1t shall be unlaw-
full for any person or corporation to
directly or indirectly be guilty of any
Of the acts and things specified in any
OF the sub-sections of this section.
(a) For any person, firm, corpora
ton or association to make sale or
sales OF any goods, wares. merchan-
disc, articles or things of value what
soever in North Carolina, whatever
directly or indirectly, or through any
agent or employe, upon the condition
that the purchaser thereof shall not
deal in the goods, wares, merchan-
disc, articles or things of value of q
competitor or rival in the business of
the person, firm. corporation or asso-
citation making said sales. (b) For
any person, firm, corporation or as
ISOLATION to directly or indirectly will
fully destroy or injure, or undertake
to destroy or injure, the business of
any opponent or business rival in the
State of North Carolina with the
purpose or intention of attempting
to Ak the price of anything of value
when the competition is removed.
(c) For any person, firm, corpora
ton or association which directly
buys or sells within the State.
through himself or itself, or through
any agent Of any kind or as agent or
principal, or together with or
through any allied, subsidiary or de-
pendent person, firm, corporation or
association, as much as fifty per cen
tum in quantity Of any article or
thing of value which is old or bought
In the State to injure or destroy or
undertake to injure or destroy the
business Of any rival or opponent, by
lowering the price of any article or
thing of value so low, or by raising
the price Of any article or thing of
value bought SO high as to leave an
unreasonable or inadequate profit for
a time and with the purpose of in
creasing the profit on the business
when such rival or opponent is driv-
en- out OF business, or his, their or
Its business is injured. (d) For any
person, firm. corporation or associa-
ton dealing in anything of value
within the State Of North Carolina
to give away or sell at place where
there Is competition, such thing OF
value at price lower than is charged
by such person, firm, corporation or
association for the same thing at an
other place, where there is not suf-
hcient reason for charging less at the
one place than at the other, with the
view of injuring the business of an
other. (e) For any person, firm,
corporation or association engaged
In buying or selling anything of
value in North Carolina to make or
have any agreement or understand
Ing, express or implied, with any 9TH
er person, firm. corporation or asso-
citation, not to buy or sell said things
OF value within territorial limits
within the State. with intention of
preventing competition in selling or |
to fix the price or prevent competi-
ton In buying of said things of value
within these limits: Provided, moth
ing herein shall be construed to pre-
vent an agent from representing
more than one principal. But moth
Ing in this proviso shall be construed |
to authorize two or more PRINCIPALS |
TO employ as common agent for the
purpose OF suppressing competition
or lowering prices. (f) For any per-
son, firm, corporation or association
to conspire with any other person,
drm, corporation or association to
put down or keep down the price of
any article produced in this State by
the labor of others, which said arti-
cle the said person, firm, corporation
Or association intends to buy.
Sec. 2. That any corporation, eth
sr as agent or principal, violating
my of the provisions OF this act.
shall be guilty Of misdemeanor. and
'uch corporation shall upon convfc-
Ion be fined not less than one thou
'and dollars for each and every Of
ense, and any person violating any
Il the provisions Of this act shall be
'uilty OF a misdemeanor and upon
shall be fined not less
han five hundred dollars or impris-
med within the discretion of the
curt.
Sec. 8. That any person being eth
r within or without the State, who
ncourages or wilfully allows or per-
ATS any agent or associates in bust
ess In this State to violate any of
be provisions Of this act, shall be
uilty OF a misdemeanor. and upon a
onviction, shall be punished as pro- 1
ided in section two tborooe a