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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. "
Commercial Law: A Treatise for Business Men on the Law Applicable to ... - Page 481
by Charles William Gerstenberg, Thomas Welburn Hughes - 1914 - 539 pages
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The Central Law Journal, Volume 90

Law - 1920 - 496 pages
...provisions whose only effect can be to confuse the law as already established. We find this provision: "This section shall not apply to corporations purchasing...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 ..., Volume 169

United States. Interstate Commerce Commission - Interstate commerce - 1930 - 1096 pages
...restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing...causing the formation of subsidiary corporations for the actnal carrying on of their immediate lawful business, or the natural and legitimate branches or extensions...
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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - 1931 - 1014 pages
...stocks. As we said in a previous decision, 160 ICC 792, supra: Although section 7 provides that It "shall not apply to corporations purchasing such stock...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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Federal Anti-trust Decisions, Volume 10

United States. Courts - Corporation law - 1928 - 1244 pages
...lessen competition between the two corporations, or tend to create a monopoly; but it provides that the section shall not apply to corporations purchasing such stock solely for investment and not to lessen competition, nor prevent a corporation engaged in commerce from forming subsidiary corporations...
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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
...exception noted for the benefit of life insurance corporations. The CHAIRMAN. That reads as follows : This section shall not apply to corporations purchasing...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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Annual Report of the Federal Trade Commission

United States. Federal Trade Commission - 1957 - 1564 pages
...proxies or otherwise, may be substantially to lessen competition, or to tend to create a monopoly. This section shall not apply to corporations purchasing...competition. Nor shall anything contained in this sectlon^prevent a corporation engaged in commerce from causing the formation of subsidiary corporations...
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Annual Report

United States. Federal Trade Commission - Trade regulation - 1917 - 88 pages
...or tend to create n monopoly of liny line of commerce. This section shall not apply to coriionitions purchasing such stock solely for Investment and not...Nor shall anything contained in this section prevent u corporation engaged in commerce from causing the formation of subsidiary corporations for the actual...
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Report of the ... Annual Meeting of the State Bar Association of Indiana

State Bar Association of Indiana. Meeting - Bar associations - 1915 - 324 pages
...provisions whose only effect can be to confuse the law as already established. We find this provision: "This section shall not apply to corporations purchasing...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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Readings on the Relation of Government to Property and Industry

Corporations - 1915 - 702 pages
...restrain such commerce in any section or community, or tend to create a monopoly of any line of commerce. This section shall not apply to corporations purchasing...for investment and not using the same by voting or otherw1se to bring about, or in attempting to bring about, the substantial lessening of competition....
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