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 1161912Πλήρης προβολή - Σχετικά με αυτό το βιβλίο
| 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.... | |
| 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.... | |
| 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... | |
| 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.... | |
| 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... | |
| 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."... | |
| 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... | |
| 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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