Opinions and Decisions of the Railroad Commission of the State of Wisconsin, Volume 5Democrat Print. Company, 1911 - Railroad law |
Other editions - View all
Common terms and phrases
active connected load additional alleges amount appears apportioned apportionment average basis capacity expenses carload carriers Cedarburg cent City of Ripon coal gas commercial lighting Commission construction consumption depreciation determined electric ending June 30 engineer estimate excess facts Fond du Lac franchise freight furnish gallons Green Bay hydrant increase installation interest investment joint rates June 30 lamps Madison Manitowoc Mattoon ment meter Milwaukee Milwaukee & St minimum charge Minneapolis month municipal operating expenses output expenses penses petition petitioner pipe plant points present rates public utility pumpage pumping railroad Railway Company rate schedule reasonable Refund respondent's revenue Rhinelander Ripon Lt Sault Ste Sheboygan shipments shows Solon Springs station sumers supplies switching tariff taxes Thiensville tion Troy Center unreasonable valuation water department Western Railway Weyerhaeuser Wisconsin
Popular passages
Page 910 - What the company is entitled to demand, in order that it may have just compensation, is a fair return upon the reasonable value of the property at the time it is being used for the public.
Page 838 - The true doctrine on this subject is, that where the purchaser has knowledge of any fact, sufficient to put him on inquiry as to the existence of some right or title in conflict with that he is about to purchase...
Page 222 - If it lie said that the rates must be such as to secure to the owners a reasonable per cent on the money invested, it will be remembered that many things have happened to make the investment far in excess of the actual value of the property, — injudicious contracts, poor engineering, unusually high cost of material, rascality on the part of those engaged in the construction or management of the property.
Page 222 - If a corporation cannot maintain such a highway and earn dividends for stockholders, it is a misfortune for it and them which the Constitution does not require to be remedied by imposing unjust burdens upon the public. So that the right of the public to use the defendant's turnpike upon payment of such tolls as in view of. the nature and value of the services rendered by the company are reasonable, is an element in the general inquiry whether the rates established by law are unjust and unreasonable.
Page 220 - The cost of the water to the company includes a fair return to the persons who furnished the capital for the construction of the plant, in addition to an allowance annually of a sum sufficient to keep the plant In good repair, and to pay any fixed charges and operating expenses. A rate of water rents that enables the company to realize no more than this Is reasonable and just.
Page 188 - ... of the filing of such petition, and to proceed to investigate the same and to order a hearing thereon in the manner provided for hearings in section 1797 — 12...
Page 222 - There may be circumstances which would justify such a tariff ; there may have been extravagance and a needless expenditure of money ; there may be waste in the management of the road ; enormous salaries, unjust discrimination as between individual shippers, resulting in general loss. The construction may have been at a time when material and labor were at the highest price, so that the actual cost far exceeds the present value ; the road may have been unwisely built, in localities where there is...
Page 486 - ... the property of any public utility actually used and useful for the convenience of the public operating under any indeterminate permit as provided herein.
Page 449 - Railway Company is a common carrier, engaged in the transportation of persons and property by railroad between points in the State of Wisconsin, and that as such common carrier, said Railway Company is subject to the provisions of Chapter 87.
Page 225 - He is entitled to a fair return, not always upon the cost of the property, because it may have cost too much; not always upon the outstanding indebtedness, because it may be in excess of the real value of the property; not always upon the total amount invested, because some portion of that which is acquired by the investment 'may be neither necessary nor presently useful for the public service.