Public Utilities Reports, Volume 2Henry Clifford Spurr, Ellsworth Nichols Lawyers Cooperative Publishing Company, 1921 - Law reports, digests, etc |
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Common terms and phrases
abstract additional allowance amount annual appears applicant applicant's appraisal authorized average basis capital carriers cent Chicago Clair County Commis Commissioner common carriers company's complaint consideration construction consumers contract corporation cost cubic feet December December 31 depreciation depreciation reserve determined earnings effect Elevated Railways equipment estimated evidence fact fair value fare filed fixed franchise freight furnished further Gas Company granted hearing heating Illinois income increase interest Interstate Commerce Commission interurban investment June 30 jurisdiction Light lines ment meter months municipal natural gas operating expenses paid pany passenger period petition petitioner plant Power Company present Public Service Commission Public Utilities Act Public Utilities Commission purchase Railroad Commission Railroad Company Railway Company rates reasonable regulate reproduction respondent schedule service charge shows sion street railway supply taxes Teleph Telephone Company tion United Traction Company valuation
Popular passages
Page 279 - 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.
Page 484 - 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 485 - ... 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.
Page 346 - In other matters, admitting of diversity of treatment according to the special requirements of local conditions, the states may act within their respective jurisdictions until Congress sees fit to act; and, when Congress does act, the exercise of its authority overrides all conflicting state legislation.
Page 791 - It is settled that neither the 'contract' clause nor the 'due process' clause has the effect of overriding the power of the state to establish all regulations that are reasonably necessary to secure the health, safety, good order, comfort, or general welfare of the community; that this power can neither be abdicated nor bargained away, and is inalienable even by express grant; and that all contract and property rights are held subject to its fair exercise.
Page 787 - ... in harmony with and subject to the Constitution and laws of the State.
Page 279 - 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...
Page 787 - The exercise of the right of eminent domain shall never be abridged or so construed as to prevent the General Assembly from taking the property and franchises of incorporated companies, and subjecting them to public use, the same as the property of individuals...
Page 25 - ... setting forth briefly the causes for which he claims damages, and the order of the commission in the premises. Such suit in the district court of the United States shall proceed in all respects like other civil suits for damages, except that on the trial of such suit the findings and order of the commission shall be prima facie evidence of the facts therein stated...
Page 80 - One whose rights, such as they are, are subject to state restriction, cannot remove them from the power of the state by making a contract about them.