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Page 20 - 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. We do not say that...
Page 70 - Line operated under lease for specified sum. 4. Line operated under contract, or where the rent is contingent upon earnings or other considerations. 5. Line operated under trackage rights.
Page 151 - Naval stores Iron, pig and bloom Iron and steel rails Other castings and machinery Bar and sheet metal Cement, brick, and lime Agricultural implements Wagons, carriages...
Page 79 - Branches and spurs. 2. Proprietary companies whose entire capital stock is owned by this company. 3. Line operated under lease for specified sum.
Page 15 - It shall be unlawful for any person or corporation owning or operating a railroad in this State, or any common carrier, to charge or receive any greater compensation in the aggregate for the transportation of passengers, or of property of like kind, under substantially similar circumstances and conditions, for a shorter than for a longer distance over the same line, in the same direction, the...
Page 19 - In our judgment. It must be held that the reasonableness or unreasonableness of rates prescribed by a state for the transportation of persons and property wholly within its limits must be determined without reference to the Interstate business done by the carrier, or to the profits derived from It.
Page 10 - ... road and conducting its business is reasonable and expedient in order to promote the security, convenience and accommodation of the public...
Page 8 - State as to the manner in which they are operated, with reference to the security and accommodation of the public...
Page 8 - The Railroad Commissioners shall have the right to pass free of charge, in the performance of their duties, on all the railroads in the State, and to take with them any person in their official employment.
Page 19 - The argument that a railroad line is an entirety; that its income goes into, and its expenses are provided for out of, a common fund; and that its capitalization is on its entire line, within and without the State, can have no application where the State is without authority over rates on the entire line, and can only deal with local rates and make such regulations as are necessary to give just compensation on local business.

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