Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1911-12-06

hpyo been most reluctant to upOs.
such sentences Oh men OF resp, .Iab'e
standing IN society whose oflcrs, has
been regarded rs merely strtulCr,
Still, a, the offerse becomes better
understood aud the commitin- of u,
partakcs more of studied an lrlm
crate defiance OF the law. W. ia br
confident that jurics will convict in
diviirls and that Jail sentence Nil'
be imposed
The Remedy in Equity by Dissolution,
In the Standard Oil case the SUI
prcme aud Circuit Court found the
combination to be a monopoly of
the interstate business of retaininc
TRANSPORTING and marketinr p,tro-
loum and is products, effected and
maintined through thirty-sevcut dii-
fercnt corrortions. the stock Ct which
was held nv q New Jersey COMPANY
II In effect commanded the t.ssolu-
ton " llr----.-t
transfer and pro rata distrihut ON by
the New Jersey compny Of the stock
held by II IN the thirty-seven corpora
lions 10 and among is stockholders.
and the corporations and individual
defendants were enjoined from con.
spring or combining to restore such
monopoly, nd all agreements between
the subsidiary corporations t,ndinS
To produce or bring about further VIC.
lations of the act were enjoined
In the Tobacco case. the court
found that the individual defendants
twenty-nine in umbor. had been en-,
gagged in successful effort TO ac.
quire complete dominion over "a.
m anufacture. sale and distribution
Of tobacco in this country and abroaI
and that this nd been done " con
bintions mde with n purpose and ct
feet to stltle competition, contro
prices, and establish MONOPOLY, mo-
I only In the manufacture q tobacco
hui lso Of tin-fcil nd llccricc used b.
/ is manufacture and Of It's uroducr
lof cigars. cigarettes and snuffs Tn
tobacco suit presented Gar mcu
complicated and difficult ease thar
the Standard oil suit for a deere.
which would effectuate the viii nj
the court and end the violation oi IN.
statute There was here no single
holdinr company rs IN the ease of IN,
standard OH trust. The main com
pary was the American Tobacco Co
n manufacturing, selling. am hold
ing company Tho plan adopted 4
destroy the combination and res,or
competition involved the rcdiviso'
of the capital and plants Of thu who'll
trust and new companies ORGANIZE,
for the purpose Of the decree an,
made parties TO Il. and numbering
new and old fourteen.
Situation After Rcadiustmcht
Tho american Tobacco Compan,
toldl readirstcd capital. So. OoU.
0co. the Ligrett & Meyers Tobacc,
Company tnewl, capital. $4,000.
GOO. the 7 Lorillard Compau
new, capital. 1000 .oOO and m
II. ]. REYNOLDS Tobacco Compan
toldl capital. s7.525. 600. are chief
] ~ engaged In the manufacture an,
sale of chewing and smoking tobacc
and cigars. The former one tin-fol
company Is divided into two. one q
$4,000 conital and the other %
Sioo.ooo. The one snuff CON pany
divided into three companies. on
with a capital of $4,000 o0O ano,h
cr With a capital Of $1,000 .o0o. an
a third with a capital 81 sS.OcO. OOO
The licorice companies are two. on
with capital OF s5.75S.30O and an
other with capital Of s2.oOO, OoC
There IL, alsot the Rritlsh-Auericar
Tobacco Company. British corpor
alton. doing business abroad with
capital OF $4,000. goo. the Port
Rican Tobacco Company with q ear
i,al cf sl.SoO.0 600. and the corporr
ton Of United Clear Stores with
capital OF $4,000. 900.
Under this arrangement each ,