Public Documents of the State of North Dakota: Being the Annual and Biennial Reports of Various Public Officers and Institutions to Governor and Legislative Assembly for the Fiscal Period Ending June 30 ..., Volume 11924 - North Dakota |
Other editions - View all
Common terms and phrases
Acres amended amount Application approved assessment Assistant Attorney Bank Benson Billings Bottineau biennial Billings Bottineau Bowman Bismarck Board bonds Bottineau Bottineau Bowman Burke Bowman Burke Burleigh Burke Burleigh Cass Burleigh Cass Cavalier Burleigh County Cass Cavalier Dickey Cass County cattle cent Certificate Chapter City Commission Commissioner Compiled Laws contract COUNTY Adams Barnes Court Dear Sir Department Devils Lake election expenses Fargo farm Filed fire Fund Golden Valley Grand Forks Grant Griggs Hettinger high school Insurance interest issued Jamestown JOHN THORPE JT:M July 1st June 30 LaMoure land Legislature license Logan Mercer Minot Morton Mountrail North Dakota NORTHERN PACIFIC RAILWAY NORTHERN RAILWAY operating opinion payment Pembina Pending Petition POWER COMPANY railroad Ransom rates Renville Richland salary school district Section Session Laws Sheridan Sioux Soo Line Stark statute Steele Stutsman TELEPHONE COMPANY Total Towner township Traill utility valuation Walsh Workmen's Compensation Bureau
Popular passages
Page 742 - The Governor shall have power to disapprove of any item or items of any bill making appropriations of money, embracing distinct items, and the part or parts of the bill approved shall be the law, and the item or items of appropriations disapproved shall be void, unless repassed according to the rules and limitations prescribed for the passage of other bills over the executive veto.
Page 1070 - It is impossible to ascertain what will amount to a fair return upon properties devoted to public service without giving consideration to the cost of labor, supplies, etc. at the time the investigation is made. An honest and intelligent forecast of probable future values made upon a view of all the relevant circumstances, is essential.
Page 1060 - The fundamental rule in construing statutes is to ascertain and give effect to the intention of the legislature.
Page 976 - 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 the}- come to the end of their life.
Page 976 - If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be the investment of new capital and the issue of new bonds or stocks. This course would lead to a constantly increasing variance between present value and bond and stock capitalization — a tendency which would inevitably lead to disaster either to the stockholders or to the public, or both.
Page 1005 - The cost of reproduction is not always a fair measure of the present value of a plant which has been in use for many years.
Page 1074 - That there is an element of value in an assembled and established plant, doing business and earning money, over one not thus advanced, is self evident.
Page 976 - If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the investment unimpaired, whether this is the result of unwarranted dividends upon over-issues of securities, or of omission to exact proper prices for the output, the fault is its own. When, therefore, a public regulation of its prices comes under question the true value of the property then employed for the purpose of earning a return cannot be enhanced by a consideration of the errors in management...
Page 1066 - ... valuation of the property used and useful in the service of the public...
Page 1081 - It must never be forgotten that while the State may regulate, with a view to enforcing reasonable rates and charges, it is not the owner of the property of public utility companies, and is not clothed with the general power of management incident to ownership.