| San Francisco (Calif.) - 1910 - 1586 pages
...some suliHtantinl allowance for depreciation ought to have been made in this case. Supporting Claims. "Before coming to the question of profit at all the...annually to provide not only for current repairs, but fur making good the depreciation and replacing the parts of the property when they come to the end... | |
| United States. Interstate Commerce Commission - 1950 - 1252 pages
...Co., 212 US 1, 13-14, decided in 1908, it was held that a company is entitled to earn a sufficient sum to provide not only for current repairs but for making...property when they come to the end of their life, and that if a different course were pursued the only method of providing for replacement of property... | |
| Municipal government - 1909 - 1234 pages
...said: A water plant, with all its additions, begins to depreciate in value from the moment of its use. Before coming to the question of profit at all, the...end of their life. The company is not bound to see the property gradually waste, without making provision out of earnings for its replacement. It is entitled... | |
| United States. Supreme Court - Law reports, digests, etc - 1909 - 740 pages
...refused. A water plant, with all its additions, begins to depreciate in value from the moment of its use. Before coming to the question of profit at all the...sufficient sum annually to provide not only for current repain, but for making good the depreciation and replacing the parts of the property when they come... | |
| Virginia. State Corporation Commission - Communication and traffic - 1910 - 1420 pages
...value of the property may be kept unimpaired. The Supreme Court of the United States has recently said, "The Company is not bound to see its property gradually waste, without making pro' vision out of the earnings for its replacement. It is entitled to see that from earnings 'the... | |
| Bruce Wyman - Public utilities - 1911 - 854 pages
...refused. A water plant, with all its additions, begins to depreciate in value from the moment of its use. Before coming to the question of profit at all the...property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from its earnings the value of the property... | |
| William Arthur Chase - Accounting - 1911 - 572 pages
...refused. A water plant, with all its additions, begins to depreciate in value from the moment of its use. Before coming to the question of profit at all the...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... | |
| United States. Interstate Commerce Commission - Railroads - 1911 - 1140 pages
...impossible the conclusion for which they contend. Mr. Justice Moody, on page 13, says: Before coining to the question of profit at all the company is entitled...to provide, not only for current repairs, but for makiug good the depreciation aud replacing the parts of the property when they come to the end of their... | |
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