 | San Francisco (Calif.) - 1910 - 1586 pages
...company is entitled to earn a sufficient sum annually to provide not only for current repairs, but fur making good the depreciation and replacing the parts...property when they come to the end of their life. Tho company is not bound to see its property gradually waste, without making provision out of earnings... | |
 | United States. Interstate Commerce Commission - 1950 - 1252 pages
...Co., 212 US 1, 13-14, decided in 1908, it was held that a company is entitled to earn a sufficient sum to provide not only for current repairs but for making...property when they come to the end of their life, and that if a different course were pursued the only method of providing for replacement of property... | |
 | Municipal government - 1909 - 1234 pages
...use. Before coming to the question of profit at all, the company is entitled to earn a sufficient sum annually to provide not only for current repairs,...end of their life. The company is not bound to see the property gradually waste, without making provision out of earnings for its replacement. It is entitled... | |
 | Virginia. State Corporation Commission - Communication and traffic - 1910 - 1420 pages
...value of the property may be kept unimpaired. The Supreme Court of the United States has recently said, "The Company is not bound to see its property gradually waste, without making pro' vision out of the earnings for its replacement. It is entitled to see that from earnings 'the... | |
 | Accounting - 1911 - 662 pages
...annual earnings shall, in the language of the Supreme Court, which we have just quoted, be set aside " for making good the depreciation and replacing the...property when they come to the end of their life?" This provision is altogether apart from and beyond current repairs. 212 US 12, 29 Sup. Ct. 152 [53... | |
 | Samuel Charles Wiel - Riparian rights - 1911 - 1112 pages
...substantial allowance for depreciation ought to have been made in this case." And elsewhere in the same case: "The company is not bound to see its property gradually waste, without niakirj provision out of earnings for its replacement. It is entitled to see tlat from earnings the... | |
 | Horatio Alvah Foster - Corporations - 1912 - 410 pages
...use. Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs,...the end of their life. The company is not bound to sec its property gradually waste, without making provision out of earnings for its replacement. It... | |
 | Law reports, digests, etc - 1912 - 1248 pages
...the company is entitled to earn a sufficient sum annually to provide, not only for current repair, but for making good the depreciation and replacing...to see its property gradually waste, without making ment. It Is entitled to see that from earnings the value of the property Invested is kept unimpaired,... | |
 | Law reports, digests, etc - 1912 - 1152 pages
...the company is entitled to earn a sufficient sum annually to provide, not only for current repair, but for making good the depreciation and replacing...company is not bound to see its property gradually wnste, without makiug provision out of earnings for its replacement It is entitled to see that from... | |
 | Law reports, digests, etc - 1912 - 1150 pages
...the company is entitled to earn a sufficient sum annually to provide, not only for current repair, but for making good the depreciation and replacing...come to the end of their life. The company is not hound to see its property gradually wnste, without making ment It la entitled to see that from earnings... | |
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Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs but for making good the depreciation and replacing the parts of the property when they come to the end of... 
