 A company which has failed to secure from year to year sufficient earnings to keep the investment unimpaired and to pay a fair return, whether its failure was the result of imprudence in engaging in the enterprise, or of errors in management, or of omission...  The State Department Reports of the State of New York - Էջ 282New York (State) - 1923Ամբողջությամբ դիտվող - Այս գրքի մասին
 | Thomas Reed Powell - 1919 - 472 էջ
...deciding what the base value is and whether the rate is confiscatory." To this he added that the company "cannot erect out of past deficits a legal basis for...reproduction value, otherwise be compensatory." The opinion of the master that "a business brought to successful operation 'should have a going concern... | |
 | United States. Federal Power Commission - 1934 - 368 էջ
...early years when the company's projects could not be run except with a deficit. Quoting the court: The fact that a utility may reach financial success...reproduction value, otherwise be compensatory. The specific exclusion, in section 14 of the Federal Water Power Act, of going value — based on early... | |
 | New York (State). Public Service Commission - 1923 - 402 էջ
...provided only that the traffic will in course of time bear a rate high enough to produce that amount. " The fact that a utility may reach financial success...present reproduction value, otherwise be compensatory. Knoxville v. Knoxville Water Co., 212 US, 1, 14. " Nor is there evidence in the record to justify the... | |
 | 1922 - 1010 էջ
...un element to be considered in deciding what the base value is and whether the rate is confirmatory. A company which has failed to secure from year to...present reproduction value, otherwise be compensatory. Knoxville v. Knoxville Water Co. 212 US 1, 14, 53 L. ed. 371, 380, 29 Sup. Ct. Rep. 148." "Nor is there... | |
 | Henry Clifford Spurr, Ellsworth Nichols - 1922 - 1016 էջ
...125. 85. A public utility cannot erect out of past deficits a legal basis for holding confiseatory for the future rates which would, on the basis of present reproduction value, otherwise become compensatory. Galveston Electric Co. v. Galveston (US Sup. Ct.) 159. ft. Water rights and contracts.... | |
 | Henry Clifford Spurr, Ellsworth Nichols - 1923 - 1014 էջ
...Electric Co. v. Galveston, decided April 19, 1922, — US — , PUR1922D, 159, 42 Sup. Ct. Rep. 51. The court said: "The fact that a utility may reach...declared. It is open to very serious question whether the Galveston decision applies to this particular instance. This Commission has held in this case that... | |
 | Henry Clifford Spurr, Ellsworth Nichols - 1923 - 992 էջ
...Electric Co. v. Galveston, decided April 19, 1922, — US — , PUE1922D, 159, 42 Sup. Gt. Rep. 51. The court said: "The fact that a utility may reach...declared. It is open to very serious question whether the Galveston decision applies to this particular instance. This Commission has held in this case that... | |
 | New York (State). Legislature - 1923 - 738 էջ
...provided only that the traffic will in course of time bear a rate high enough to produce that amount. " The fact that a utility may reach financial success...present reproduction value, otherwise be compensatory. Knoxville v. Knoxville Water Co., 212 US, 1, 14. " Nor is there evidence in the record to justify the... | |
 | New York (State). Public Service Commission - 1923 - 396 էջ
...base value is and whether the rate is confiscatory. A company which has failed to secxire from yeai to year sufficient earnings to keep the investment...basis of present reproduction value, otherwise be compen satory." The Galveston case was quoted by the Appellate Division in its opinion, and it is to... | |
 | . - 1923 - 506 էջ
...failure was the result of imprudence in engaging in the enterprise, or of errors in management, or of the omission to exact proper prices for its output, cannot...present reproduction value, otherwise be compensatory." For the economic argument substantiating this conclusion, see Homer B. Vanderblue, Railroad Valuation,... | |
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