 | United States. Congress. Senate. Committee on Finance. Subcommittee on Health - 1976 - 648 pages
...vi hieb should be considered when determining a reasonable rate ; these factors all revolve around the "fair value of the property being used by it for the convenience of the public." The inclusion of federal income taxes as a recognized element of the cost of service, aside from being... | |
 | Alfred E. Kahn - Business & Economics - 1988 - 620 pages
...set by state commissions, but it proceeded to specify its criteria of reasonableness: "We hold . . . that the basis of all calculations as to the reasonableness...corporation maintaining a highway under legislative sanction [the case in question involved a railroad] must be the fair value of the property being used by it... | |
 | Law reports, digests, etc - 1925 - 1106 pages
...and the evidence relied on should be clear and convincing. In Smyth v. Ames, the Supreme Court said: "We hold, however, that the basis of all calculations...of rates to be charged by a corporation maintaining & highway under legislative sanction must be the fair value of the property being used by it for the... | |
 | United States. Federal Maritime Commission - 1951 - 1260 pages
...due process of law by establishing the "fair value" rule, in Smyth v. Ames, supra 546-7, as follows: We hold, however, that the basis of all calculations...legislative sanction must be the fair value of the property beinK used by it for the convenience of the public. And, in order to ascertain that value, the original... | |
 | Edward E. Zajac - Business & Economics - 1995 - 348 pages
...railroads. Justice Harlan's opinion affirmed the applicability of the Fourteenth Amendment and concluded that "the basis of all calculations as to the reasonableness...being used by it for the convenience of the public What the company is entitled to ask is a fair return upon the value of that which it employs for the... | |
 | United States. Interstate Commerce Commission - Interstate commerce - 1911 - 786 pages
...there stated has never been qualified, and the paragraph, while often quoted, may be repeated here : We hold, however, that the basis of all calculations...to the reasonableness of rates to be charged by a corporntlon maintaining a highway under legislative sanction must be tho fair value of the property... | |
 | Richard A. Epstein, A Epstein - Political Science - 2009 - 378 pages
...a risk-adjusted rate of return comparable to that received by a competitive firm. The Court wrote: "We hold, however, that the basis of all calculations...property being used by it for the convenience of the public."96 This approach places the risk of unwise investment on the regulated railroad, as would be... | |
 | William Z. Ripley - Business & Economics - 2000 - 440 pages
...farm produce which it may not pay to move at all if the freight is more than a very moderate figure. be the fair value of the property being used by it for the convenience of the public." This statement with others in the opinion, appears to limit " fair value " to that of the physical... | |
 | Christopher Gustavus Tiedeman - Police power - 2002 - 1300 pages
...such compensation for the use of its property as will be just, both to itself and to the public." " We hold, however, that the basis of all calculations...maintaining a highway under legislative sanction must be ยง 97 312 REGULATION OF TRADES AND OCCUPATIONS. the purpose of realizing profits upon such excessive... | |
| |
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. 
