Engineering Valuation of Public Utilities and Factories

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D. Van Nostrand, 1912 - Corporations - 345 pages
 

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Page 254 - And in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute and the sum required to meet operating expenses, are all matters for consideration, and are to be given such weight as may be just and right in each case.
Page 271 - What the company is entitled to demand, in order that it may have just compensation, is a fair return upon the reasonable value of the property at the time it is being used for the public.
Page 15 - Enamelling 8vo, *4 oo Rankine, WJM Applied Mechanics 8vo, 5 oo Civil Engineering 8vo, 6 50 Machinery and Millwork . 8vo, 5 oo The Steam-engine and Other Prime Movers 8vo, 5 oo...
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Page 288 - ... judicial interference should never occur unless the case presents, clearly and beyond all doubt, such a flagrant attack upon the rights of property under the guise of regulations as to compel the court to say that the rates prescribed will necessarily have the effect to deny just compensation for private property taken for the public use.
Page 131 - Cruttwell v. Lye, 17 Ves. 335, 346, where he says : " The good-will which has been the subject of sale is nothing more than the probability that the old customers will resort to the old place.

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