The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1913-02-26

j.
one gsilgoad Ecn control lng
railrcai thai is q parable e or cempes.
ing line. IN the Language oE Senator
Kidd. In discussing the bill, z It Is the
most important measure before the
legislature 4 was contended by
some that the New York Central was
back OF the bill others thai the bill
was drafted for the purpose Of getting
revenge by some Individual while 9TH
e.rF, and DOUBTLESS tie majority Of the
legislators thought so. tnat the bill
was designed "a, do Just what It says,
That ii viii haze a bearing on all of.
/ the big trunk lines Of the State Is the
general opinion Of those who profess;
70 be able 70 grasp the scope Of the
Law. 49,.
The bill is ,@or.h anyQue's while 10
read. Tie general opinio0 is that y.
will be OF greater effect In the north
en section 81 lie State than in any.
other section. The Little Kanawha
and the Buckhannohl and Northern
lines are said to come in for a release
that will permit their extension.
The Bill as twas enacted, is as fol.
lows:
section i, 10 railroad company
organized and existing un&er the laws
OF the State orWest Virginia. or or
ganized under The laws of the State
OF Virginia prior to June 81, 1865, or
existing by consolidation Of other
railroad corporations; no railroad
company organized under the laws OF
my otheE Stale or Territory, which
owns, controls, operates or is interest
ed in, any railroad in the State OF
West Virginia, or which transacts bus.
mess in the State of West Virginia
shall consolidate It's tsock, property or
franchises with that OF any other rail.
road company, or lease, purchase or
IN any manner become owner OF, or
interested in, or control any railroad
corporation or any franchise. right or
property thereof, which owns, CON
trolls, operates, is interested in, any
parallel or any competing line of rail-
road which is located in the State OF
West Virginia; the fact OF such con.
solidation OF stock, property or fran
chises, or Of such lease, purchase or
ownership OF, interest in Or control by
any such railroad company Of any 9th,
er railroad corporation or any fran.
chise, right or property thereof which
owns, controls, operates or is interest
ed IN any parallel or any competing
line OF railroad which is located, or
any part of which is located in the
State Of West Virginia, shall be deter.
mined by jury If. and whenever, it
shall be necessary to SO determine the
same.
Section 9. Itshall be unlawful for
any director, officer agent. represen,
tative o rattorney. of any railroad COM
pany mentioned In the first section Of
this cat, or OF any corporation control;
led by any such railroad company, or
in which It is Interested through stock
ownership or Otherwise, TO act or
serve as president. vice president, di.
rector or general executive officer OF
any kind, OF any railroad company
owning or controlling or interested in
any parallel or competingfline.
Section 3. On and after July l., A.
D. 1913, it shall be unlawful for any
such railroad company as is mention
ed in section ! Of this cat, to hold, own
or control or IN any manner to be in.
terseted either directly or by the own
ership OF capital stock of some other
corporation, or 10 own or have any
equitable Interest in any of the shares
OF the capital stock of any railroad
company which owns, controls or is
interested in any competing line or
parallel line Of railroad, all or any
part ofwhich is located in the'state Of
West Virginia.
%sectiont4, Any railroad company
violating any provisions Of this act
shall be guilty OF a .mlsdcmeanor and
upon conviction shall be fined not
more than $1,000 for each offense
Each director and general officer OF