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" In no case shall the charge for the renewed property exceed the cost (at current market prices of labor and material) of new property of equal capacity and equal expectation of life in service, less a suitable allowance on account of the secondhand parts... "
Water Power: Hearings Before the Committee on Water Power of the House of ... - Page 40
by United States. Congress. House. Committee on Water Power - 1918
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 153

United States. Interstate Commerce Commission - Interstate commerce - 1929 - 1000 pages
...exceed the cost (at current market prices of labor and material) of new equipment of similar type, equal capacity, and equal expectation of life In service,...a suitable allowance on account of the secondhand parts remaining therein. Effective August 1, 1925, Division 4 of the Interstate Commerce Commission...
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Railroad Accounting

William Everett Hooper - Railroads - 1915 - 494 pages
...exceed the cost (at current market prices of labor and material) of new equipment of similar type, equal capacity, and equal expectation of life in service,...a suitable allowance on account of the second-hand parts remaining therein. When equipment of one class is converted so as to be includible in another...
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Valuation, Depreciation and the Rate-base

C. E. Grunsky, Carl Ewald Grunsky - Public utilities - 1916 - 408 pages
...portions remaining therein. In no case shall the charge for the renewed property exceed the cost (at current market prices of labor and material) of new...a suitable allowance on account of the second-hand parts remaining therein. " When a unit of property other than land or equipment —- such as a section...
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Valuation, Depreciation and the Rate-base

C. E. Grunsky, Carl Ewald Grunsky - Public utilities - 1916 - 406 pages
...portions remaining therein. In no case shall the charge for the renewed property exceed the cost (at current market prices of labor and material) of new...a suitable allowance on account of the second-hand parts remaining therein. " When a unit of property other than land or equipment — such as a section...
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Railway Accounting, Parts 1-2

Charles Steven Sikes - Railroads - 1917 - 398 pages
...exceed the cost (at current market prices of labor and material) of new equipment of similar type, equal capacity, and equal expectation of life in service,...a suitable allowance on account of the second-hand parts remaining therein. When an important addition and betterment project or the construction of new...
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American Railway Accounting: A Commentary

Henry Carter Adams - Railroads - 1918 - 494 pages
...portions remaining therein. In no case shall the charge for the renewed property exceed the coat (at current market prices of labor and material) of new...a suitable allowance on account of the secondhand parts remaining therein. or other structure—is retired from service and not replaced, the ledger...
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Water Power: Hearings Before the Committee on Water Power of the House of ...

United States. Congress. House. Committee on Water Power - Water-power - 1918 - 908 pages
...portions remaining therein. In no case shall the charge for the renewed property exceed the cost (at current market prices of labor and material) of new...capacity and equal expectation of life in service, 1ère a suitable allowance on account of the secondhand parts remaining therein. 8. PROPERTY RETIRED...
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American Railway Accounting: A Commentary

Henry Carter Adams - Railroads - 1918 - 484 pages
...exceed the cost (at current market prices of labor and material) of new equipment of similar type, equal capacity, and equal expectation of life in service,...a suitable allowance on account of the secondhand parts remaining therein. When equipment of one class is converted so as to be includible in another...
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Accounting Methods of Banks ; Operating on the New York Stock Exchange ...

Accounting - 1921 - 450 pages
...exceed the cost (at current market prices of labor and material) of new equipment of similar type, equal capacity, and equal expectation of life in service,...a suitable allowance on account of the second-hand parts remaining therein. When an important addition and betterment project or the construction of new...
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Columbia Studies in the Social Sciences, Issue 274

Social sciences - 1926 - 406 pages
...portions remaining therein. In no case shall the charge for the renewed property exceed the cost (at current market prices of labor and material) of new...a suitable allowance on account of the secondhand parts remaining therein. 8. Property Retired and Not Replaced. When a unit of property other than land...
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