 | New Jersey. Supreme Court - Law reports, digests, etc - 1919 - 760 pages
...Even in the narrower question of determining the value of the property, it has long been settled that the original cost of construction, the amount expended...permanent improvements, the amount and market value of bonds and stocks, the present as compared with the original cost of construction, the probable earning... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1911 - 726 pages
...the grounds upon which they should be fixed, in Smyth v. Ames, 169 US 466, the court said (p. 546) : "We hold, however, that the basis of all calculations...must be the fair value of the property being used for the convenience of the public, and in order to ascertain that value, the original cost of construction,... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1920 - 694 pages
...rate-making purposes is the cost of reproduction new, less depreciation. This contention cannot be sustained. The basis of all calculations as to the reasonableness...rates to be charged by a corporation maintaining a public utility under legislative sanction must be the fair value of the property being used by it for... | |
 | New York Chamber of Commerce - Commerce - 1908 - 518 pages
...HARL.VN, in giving the decision of the Court, said: "In order to ascertain the reasonableness of rates, the original cost of construction, the amount expended in permanent improvements, the amount of market value of its bonds and stocks, the present as compared with the original cost of construction,... | |
 | Law reports, digests, etc - 1907 - 2094 pages
...by the Supreme Court, 'in Smyth v. Ames, 1G9 US 466, 467, 18 Sup. CL 418, 12 L. Ed. 819: "We bold, however, that the basis of all calculations as to...construction, the amount expended. In permanent Improvements, thu amount and market value of its bonds and stock, the present as compared with the original cost... | |
 | Law reports, digests, etc - 1903 - 1112 pages
...the former decision : "The basis of all calculation as to the reasonableness of rates to be charged a corporation maintaining a highway under legislative sanction must be the fair value of the property used by It for the convenience of the public. And in order to ascertain that value the original cost... | |
 | Law reports, digests, etc - 1899 - 986 pages
...circumstances, is such compensation for the use of its property as will be just both to it and to the public." We hold, however, that the basis of all calculations...maintaining a highway under legislative sanction must be tf the fair value of the property being used by •f it for the convenience of the public. And, •'in... | |
 | American periodicals - 1898 - 848 pages
...the land is impaired or destroyed by legislation. We hold that the basis of all calculations as to reasonableness of rates to be charged by a corporation...original cost of construction, the amount expended in improvements, the amount and market value of its bonds and stock, the present as compared with the... | |
 | Law reports, digests, etc - 1919 - 1050 pages
...PROPERTY. In determining the narrow question as to value of property of public utility, in fixin?; rates, the original cost of construction, the amount expended in permanent improvements, the amount in market value of bonds and stock, etc., are all matters for consideration. 9. CARRIERS ®=12(5) —... | |
 | Law reports, digests, etc - 1922 - 1206 pages
...prescribed in Smyth v. Ames, 169 US loc. cit. 546, 18 Sup. Ct 434, 42 L. Ed. 819, in which it was said: "We hold, however, that the basis of all calculations...the property being used by it for the convenience of tlie public. And in order to ascertain that value, the original cost of construction, the amount expended... | |
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We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public. 
