Valuation of Public Service Corporations: Legal and Economic Phases of Valuation for Rate Making and Public Purchase, Volume 2

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Banks Law Publishing Company, 1912 - Public utilities - 798 pages
 

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Contents

Oklahoma Supreme Court in Pioneer Telephone Case 1911Repro ductioncostlessdepreciation the controlling factor 33 District Judge Evans in Cumb...
33
Wisconsin Railroad Commission in Manitowoc Water Case 1911
35
Trend of decisions on fair value
37
No authoritative determination of standard of value
38
Recent decisions 39 Valuation standards
39
CHAPTER III
41
Reasonable rates can not be based on market value 58 The misplaced or partially obsolete plant
56
Same subjectSan Francisco Water Rate Case 1911
57
Market value the true standardJustice Brewer in Reagan v
58
Value as a going business concernCircuit Judge McCormick in Metropolitan Trust Co v H T C R Co 1898
62
Market valueDistrict Judge Trieber in Arkansas Rate Cases 1911
63
CHAPTER IV
66
of Civil Engineers 1911
76
Present or original conditionsSt Louis Public Service Commissior 1911
79
Present or original conditionsConclusion
81
CHAPTER V
82
CHAPTER VI
102
Methods of appraising land 146 Sales method defined 147 Sales method discussed
103
Allowance of no return or a reduced rate of return on land
114
Reduced return allowed on terminalsMinnesota Supreme Court 1897
115
Appreciation should be set off against depreciation
119
Appreciation treated as income
120
Appreciation treated as income for purposes of United States cor poration
123
Income method considered
124
Actual cost v present value
125
Cost of reproduction of railroad right of
126
Reproduction cost same as present estimated condemnation cost 135 Multiples used in various state appraisals
127
Minnesota Appraisal and Rate Case
129
Case 1911
130
South Dakota appraisal 1910
131
New York Appellate Division rejects use of multiples in tax case 1911
133
Cost of reproduction of terminal land 140 State railroad appraisals
134
Minnesota Appraisal and Rate Case
135
Minnesota Rate CaseAvailability for railroad purposes enhances value
142
Wisconsin Railroad Commission on availability for special
143
Value of adjacent land increased by presence of terminal
144
Reproduction cost of land as affected by cost of hypothetical build
145
Sales method rejected in Minnesota Rate Case CHAPTER VII
148
CHAPTER VIII
161
company 1911
169
Maine Water Plant Condemnation Case 1902
176
Maine Supreme Court in Water Plant Condemnation Cases 1902
181
Wisconsin Railroad Commission on services provided at consumers
184
Opinion of C L Corey on services furnished by consumer
185
State and city aid in grade separation improvements
186
Citys grade separation contribution considered by New York Public Service Commission
187
Grade separation contributions in appraisal for capitalization
188
Conclusion as to grade separation contributions
189
Statement of problem of donated property
190
Contributions by the company
191
The more equitable rule
192
CHAPTER XI
202
Introductory CHAPTER XII
209
Contractors profitValuation of Falmouth Mass water plant 291 Interest during construction 292 InterestMinnesota Railroad Rate Case 1911
210
Appraisal of Chicago Consolidated Traction Company 1910
216
Appraisal of Chicago gas plant 1911
217
Cleveland street railway appraisal 1909
218
Promotion and organization
262
New York Public Service Commission First District 1911
296
Chicago gas plant appraisal 1911
298
Iowa Gas and Water Rate Cases
300
Lincoln Neb Gas Rate Case 1909
301
New York Special Franchise Tax Case 1911
302
CHAPTER XV
304
CHAPTER XVI
310
CHAPTER XVII
329
New York Public Service Commission First District rejects sink ing fund method
346
Straight line method in New York City Street Railway Fare Case
348
Depreciation rule contained in uniform water supply accounts 1911
351
Depreciation of overhead charges
353
CHAPTER XIX
381
CHAPTER IX
391
CHAPTER XX
401
Allowance in San Francisco Water Rate Case 1911
402
in 1909
409
Des Moines Iowa Water Rate Case 1910
428
Depreciation allowance apparently refused by United States Su oreme Court in 1903 but recognized in later cases
439
CHAPTER XXI
440
CHAPTER XXII
466
CHAPTER XXIII
500
CHAPTER XXIV
520
Consideration of Wisconsin rule by courts and other commis
548
CHAPTER XXV
553
CHAPTER XXVI
572
Lincoln Neb Gas Rate Case 1909
592
CHAPTER XXIX
640
CHAPTER XXX
647
United States District Court 19113 97 return is confiscatory Water company 767 Arkansas Supreme Court 19116 to 10 a fair returnLegal rate of inter...
648
New York Public Service Commission for the First District7
686
Review of attitude of Supreme Court of the United States
687
Review of attitude of federal and state courts
689
Attitude of courts and commissions contrasted 787 Distinction between fair return in an administrative and judicial sense
690
Same distinction upheld by California Supreme Court 1911
691
Federal court in San Francisco Water Rate Case 1908
694
Elements of a reasonable returnWisconsin Railroad Commission
696
Ordinary method of financing in its relation to fair rate of return
700
Three standards of reasonableness 794 Original risk standard
702
Original risk standardCourt decisions
703
Standard of present risk for new enterprise
705
New enterprise standardApproval by commissions and courts
706
Present market rate standard
707
Conclusion
708
The sliding scale and other automatic methods of securing voluntary rate reductions and of rewarding efficient management
710
CHAPTER XXXI
713
CHAPTER XXXII
721
Railroads
726
Street and electric railways
728
Telephone
733
Waterworks
734
Going value
735
Depreciation
736
Index page
747
PROPERTY CONSTRUCTED OUT OF SURPLUS
751
Valuation of property constructed out of surplus 201 Pennsylvania Supreme Court in Brymer v Water Company 1897
775
Copyright

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Common terms and phrases

actual cost allowance amount annual appreciation basis capital Cedar Rapids cent Circuit Court City Commission says Commissioners consideration considered Consolidated Gas Consolidated Gas Co contingencies corporation cost of reproduction Cost-of-reproduction-new depreciation determining dividends earnings elements engineering entitled erty estimated fact fair return fair value February 15 fixed franchise value Gas and Electric Gas Light going concern going value included income increase interest during construction investment land market value ment method Minnesota Minnesota Railroad Northern Pacific Railway operating expenses opinion original cost overhead charges pany Pioneer Telephone present value Public Service Commission public utility purchase question railroad appraisal Railway Company rate of return rate purposes reproduction cost road Special Master Spring Valley Stanislaus County Street Railway Supreme Court surplus Telephone terminals theory tion valuation for rate Water Company water plant Water Rate Wisconsin Railroad Commission York Public Service

Bibliographic information

TitleValuation of Public Service Corporations: Legal and Economic Phases of Valuation for Rate Making and Public Purchase, Volume 2
Valuation of Public Service Corporations: Legal and Economic Phases of Valuation for Rate Making and Public Purchase, Robert Harvey Whitten
AuthorRobert Harvey Whitten
PublisherBanks Law Publishing Company, 1912
Original fromHarvard University
Digitized18 Nov 2008
Length798 pages
  
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