 If a railroad corporation has bonded its property for an amount that exceeds its fair value, or if its capitalization is largely fictitious, it may not impose upon the public the burden of such increased rates as may be required for the purpose of realizing...  Reasonable Maximum Rates - Page 15by Harry Turner Newcomb - 1908 - 27 pagesFull view - About this book
 | Charles Fisk Beach - Antitrust law - 1898 - 842 pages
...just in the fixing of rates of transportation. In that case it was held that if a railroad company has bonded its property for an amount that exceeds...fictitious, it may not impose upon the public the burden of increased rates necessary to realize profits on this fictitious capitalization, but the basis of all... | |
 | Charles Fisk Beach - Antitrust law - 1898 - 840 pages
...just in the fixing of rates of transportation. In that case it was held that if a railroad company has bonded its property for an amount that exceeds its fair value, or if its capitaI ization is largelv fictitious, it may not impose upon the public the burden of increased rates... | |
 | Edward Webster Bemis - Monopolies - 1899 - 722 pages
...operating expenses, pay the interest on its obligations, and declare a dividend to stockholders. " If a railroad corporation has bonded its property...rates as may be required for the purpose of realizing pro/its upon such excessive valuation or fictitious capitalization : and the apparent value of the... | |
 | South Dakota. Public Utilities Commission - Public utilities - 1899 - 172 pages
...question must be determined by the rules laid down in the Nebraska case. It is said by the court that if a railroad corporation has bonded its property for an amount that exceeds its fair value * * * * it may not impose upon the public the burden of such increased rates as may be required for... | |
 | Frank Parsons - Municipal government - 1900 - 620 pages
...case: "If a railrr.ad corporation lias bonded its property for an amount tliat exceeds its fair I'alue, or if its capitalization is largely fictitious, it may not impose upon the public the burden <// sucJi increased rates as may be required for the purpose of realizing profits upon such excessive... | |
 | Frank Parsons - Municipal government - 1901 - 716 pages
...The US Supreme Court says in the Nebraska case: "If a railroad corporation has bonded its jirnprrty for an amount that exceeds its fair value, or if its...is largely fictitious, it may not impose upon the puUic the burden of such increased rates as may oe required for the purpose of realizing profits upon... | |
 | Henry Brannon - Constitutional amendments - 1901 - 582 pages
...property for an amount exceeding its value, or if its capitalization is largely fictitious, it can not impose upon the public the burden of such increased rates as may be required to realize profits on such excessive valuation or fictitious capitalization ; and the apparent value... | |
 | Illinois. Railroad and Warehouse Commission - Railroads - 1906 - 412 pages
...doctrine has been recognized by the Supreme Court of the United States, in the case of Smyth v. Ames: "If a railroad corporation has bonded its property...increased rates as may be required for the purpose of realix.ing profits upon such excessive valuation or fictitious capitalization, and the apparent... | |
 | Joseph Henry Beale, Bruce Wyman - Interstate commerce - 1906 - 1402 pages
...operating expenses, pay the interest on its obligations, and declare a dividend to stockholders. " If a railroad corporation has bonded its property...increased rates as may be required for the purpose of ralizing profits upon such excessive valuation or fictitious capitalization; and the apparent value... | |
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