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" This section shall not apply to corporations purchasing such stock solely for investment and not using the same by voting or otherwise to bring about, or in attempting to bring about, the substantial lessening of competition. "
Utility Corporations: Letters from the Chairman of the Federal Trade ... - Page 209
by United States. Federal Trade Commission - 1934
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The Central Law Journal, Volume 90

Law - 1920 - 496 pages
...be to confuse the law as already established. We find this provision: "This section shall not apply to corporations purchasing such stock solely for investment...bring about the substantial lessening of competition." This deals with the situation involved in the Northern Securities Company case, and is an apparent...
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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - 1931 - 1014 pages
...said in a previous decision, 160 ICC 792, supra: Although section 7 provides that It "shall not apply to corporations purchasing such stock solely for investment...about, the substantial lessening of competition," this exemption may not be so construed as to destroy the effect of the section as a whole. Clearly...
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Report of the Commissioner of Corporations, Volume 5

House of Representatives, United States. Bureau of Corporations - Corporations - 1904 - 244 pages
...section or community, or tend to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing such stock solely for investment...contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their...
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Federal Anti-trust Decisions, Volume 12

United States. Courts - Corporation law - 1935 - 1196 pages
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Federal Anti-trust Decisions, Volume 10

United States. Courts - Corporation law - 1928 - 1244 pages
...in the evidence nothing to support a finding that petitioner acquired the stock of its competitors " solely for investment and not using the same by voting or otherwise to bring about, or attempting to bring about the substantial lessening of competition." It would be difficult to conceive...
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The Trust Problem

Edward Dana Durand - Antitrust law - 1914 - 154 pages
...section or community, or tend to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing such stock solely for investment...contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their...
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Commercial Law: A Treatise for Business Men on the Law Applicable to ...

Charles William Gerstenberg, Thomas Welburn Hughes - Commercial law - 1914 - 574 pages
...community, or tend to create a monopoly of any line of commerce. (57) This section shall not apply to corporations purchasing such stock solely for investment...contained in this section prevent a corporation engaged in commerce from causing the formation of subsidiary corporations for the actual carrying on of their...
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Amendments to Sherman Antitrust Law and Related Matters

United States. Congress. Senate. Committee on the Judiciary - Antitrust law - 1914 - 1270 pages
...to create a mc-nopoly of any line of trade in any section or community. This section shall not apply C- commerce from causing the formation of subsidiary corporations for the actual carrying on of their...
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New Jersey: The State Magazine, Volume 1

Agriculture - 1914 - 450 pages
...securities or evidences of indebtediicss of any other corporation or corporations of this or any other State solely for investment, and not using the same by voting...bring about, the substantial lessening of competition; provided, also, that nothing herein contained shall be held to affect or impair any right heretofore...
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Interstate Trade: Hearings Before the Committee on Interstate ..., Volume 1

United States. Congress. Senate. Committee on Interstate Commerce - Interstate commerce - 1914 - 670 pages
...of life insurance corporations. The CHAIRMAN. That reads as follows : This section shall not apply to corporations purchasing such stock solely for investment...the same, by voting or otherwise, to bring about or attempting to bring about the substantial lessening of competition. Nor shall anything contained in...
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