| Illinois. Supreme Court - Law reports, digests, etc - 1920 - 694 pages
...rate-making purposes is the cost of reproduction new, less depreciation. This contention cannot be sustained. The basis of all calculations as to the reasonableness...rates to be charged by a corporation maintaining a public utility under legislative sanction must be the fair value of the property being used by it for... | |
| Law reports, digests, etc - 1899 - 986 pages
...compensation for the use of its property as will be just both to it and to the public." We hold, however, that the basis of all calculations as to the reasonableness...maintaining a highway under legislative sanction must be tf the fair value of the property being used by •f it for the convenience of the public. And, •'in... | |
| Holyoke Water Power Company, Holyoke, Mass - 1902 - 556 pages
...sum much below the cost to reproduce the company's property was sustained, the Court saying (p. 9) that the basis of all calculations as to the reasonableness of rates is the " fair value of the property," and that this means its present value, " not its value in the... | |
| National Association of Railway Commissioners (U.S.). Annual Convention - Railroads - 1904 - 110 pages
...business upon the ground that it will be able only in that way to meet losses on its interstate business. "The basis of all calculations as to the reasonableness...maintaining a highway under legislative sanction must be a fair value of the property being used by it for the convenience of the public; and in order to ascertain... | |
| Illinois. Railroad and Warehouse Commission - Railroads - 1906 - 412 pages
...just compensation on local business." Mr. Justice Harlan, on page 546, says — "We hold, however, that the basis of all calculations as to the reasonableness...maintaining a highway under legislative sanction must be the fpii value of the property being used by it for the convenience of the public. ¡ in order to ascertain... | |
| |