 The company is not bound to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value of the property invested is kept unimpaired, so that at the end of any given...  Principles of Railway Transportation - Page 305by Eliot Jones - 1924 - 607 pagesFull view - About this book
 | Law reports, digests, etc - 1912 - 1248 pages
...end of their life. The company is not bound to see its property gradually waste, without making ment. It Is entitled to see that from earnings the value...is not only the right of the company to make such а provision, but it Is its duty to its bond and stockholders, and, in the case of a public service... | |
 | Robert Harvey Whitten - Public utilities - 1912 - 886 pages
...to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the "value...given term of years the original investment remains* a- s '* was at the beginning. It is not only the right of the company to make such a provision, but... | |
 | Leonard Francis Boon - 1912 - 200 pages
...gradually waste, without making provision out of earnings for its replacement. It is entitled to вес that from earnings the value of the property invested...is kept unimpaired, so that at the end of any given terra of years the original investment remains as it was at the beginning. It is not only the right... | |
 | Law reports, digests, etc - 1912 - 1152 pages
...bound to see its property gradually wnste, without makiug provision out of earnings for its replacement It is entitled to see that from earnings the value of the property Invested is kept unimpaired, во that at the end of any given term of years the original Investment remains as it was at the beginning.... | |
 | Robert Harvey Whitten - Public utilities - 1912 - 850 pages
...invested is kept unimpaired, so that at the of any given term of years the original investment remains was at the beginning. It is not only the right of the company" make such a provision, but it is its duty to its bond and holders, and, in the case of a public service... | |
 | Railroad Commission of the State of California - Law reports, digests, etc - 1914 - 1048 pages
...see its property gradually waste, without making provision out of its earnings for its replacement. It is entitled to see that from earnings the value...was at the beginning. It is not only the right of a company to make such a provision, but it is its duty to its bond and stockholders, and, in the case... | |
 | Kansas. State Corporation Commission - Labor laws and legislation - 1913 - 1240 pages
...to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value...investment remains as it was at the beginning. It ¡я not only the right of the company to make such a provision, but it is its duty to its bond and... | |
 | Hammond Vinton Hayes - Corporations - 1913 - 288 pages
...The Supreme Court has said, "It" (an undertaking) "is entitled, it is its duty, to see that from its earnings the value of the property invested is kept...investment remains as it was at the beginning." It must be noted that the court says that it is the value of the property, not value of the plant. This... | |
 | Hammond Vinton Hayes - Corporations - 1913 - 292 pages
...The Supreme Court has said, "It" (an undertaking) "is entitled, it is its duty, to see that from its earnings the value of the property invested is kept...investment remains as it was at the beginning." It must be noted that the court says that it is the value of the property, not value of the plant. This... | |
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