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" The company is not bound to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value of the property invested is kept unimpaired, so that at the end of any given... "
The Northeastern Reporter - Σελίδα 116
1912
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Valuation for the Purpose of Rate-making: Report of the Special Committee to ...

American Society of Civil Engineers. Special committee to formulate principles and methods for the valuation of railroad property and other public utilities - 1914 - 504 σελίδες
...to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value...original investment remains as it was at the beginning." "If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the...

Commission Leaflets: Recent Commission Orders, Rulings and ..., Τεύχη 31-34

American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1914 - 1566 σελίδες
...see its property gradually waste, without making provision out of the earnings for its replacement. It is entitled to see that from earnings the value of the property invested is kept -unimpaired, [Ind so that at the end of any given term of years the original investment remains as it was at (lie...

Public Utilities Reports

Henry Clifford Spurr, Ellsworth Nichols - 1915 - 1292 σελίδες
...to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value...such a provision, but it is its duty to its bond and stockholders, and, in the case of a public service corporation at least, its plain duty to the public....

Railroad Rate Regulation: With Special Reference to the Powers of the ...

Joseph Henry Beale, Bruce Wyman - 1915 - 1418 σελίδες
...waste, without making provision out of earnings for its replacement. It is entitled to see that from its earnings the value of the property invested is kept...such a provision, but it is its duty to its bond and stockholders, and, in the case of a public service corporation at least, its plain duty to the public....

Proceedings for and Constitution, By-laws, List of Members and Annual Report

1915 - 686 σελίδες
...to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value...is not only the right of the company to make such provision, but it is its duty to its bond and stock holders,, and, in the case of a public service...

Public Utilities Reports

Henry Clifford Spurr, Ellsworth Nichols - 1915 - 1290 σελίδες
...provision out of earnings for its replacement. It is entitled to see that from earnings the value of tbe property invested is kept unimpaired, so that at the...such a provision, but it is its duty to its bond and stockholders, and, in the case of a public service corporation at least, its plain duty to the public....

The Act to Regulate Commerce: Construed by the Supreme Court

Hubert Bruce Fuller - 1915 - 616 σελίδες
...machinery occasioned by frequent stops, the wages of added employees. So that, other considerations being see that from earnings the value of the property invested...original investment remains as it was at the beginning." 89 Illinois Central Railroad Co. v. Interstate Commerce Commission, 206 US 441 , 51 L. Ed. 1128, 27...

Public Utilities Reports

1915 - 1292 σελίδες
...depreciation and replacing the parts of the property when they come to the end of their life. . . . It is not only the right of the company to make such a provision, but it is its duty to its bond and stockholders, and, in the case of a public-service corporation at least, its plain duty to the public."...

The Development of Scientific Rates for Electricity Supply: Being Reprints ...

1915 - 244 σελίδες
...repairs, but to provide means for replacing parts of the plant when the same could no longer be used, so that at the end of any given term of years, the original investment would remain as it was at the beginning. The Court further stated that it could not say that the income...

Public Utilities Reports, Τόμος 2

Henry Clifford Spurr, Ellsworth Nichols - 1917 - 1352 σελίδες
...supported by the Knoxville decision of the United States Supreme Court, which states that the company 'is entitled to see that from earnings the value of the property is kept unimpaired, so that at the end of any given term of years, the original investment remains...




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