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" And we concur with the court below in holding that the value of the property is to be determined as of the time when the inquiry is made regarding the rates. If the property, which legally enters into the consideration of the question of rates, has increased... "
Documents of the Senate of the State of New York - Page 588
by New York (State). Legislature. Senate - 1913
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Proceedings for and Constitution, By-laws, List of Members and Annual Report

1915 - 686 pages
...commits the Court to the cost-of-reproduction theory. But this cannot be since the Court continues thus : "If the property, which legally enters into the consideration...is entitled to the benefit of such increase. This is, at any rate, the general rule. We do not say there may not possibly be an exception to it, where...
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The Development of Scientific Rates for Electricity Supply: Being Reprints ...

Electric utilities - 1915 - 252 pages
...value of the property is to be determined as of the time when the inquiry is made regarding the rates. If the property, which legally enters into the consideration...company is entitled to the benefit of such increase. That is, at any rate, the general rule. We do not say that there may not possibly be an exception to...
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Final Report of the Joint Committee of the Senate and Assembly on Telephone ...

New York (State). Legislature. Joint Committee to Investigate Telephone and Telegraph Companies - Telegraph - 1915 - 776 pages
...made regarding the rates. If the property, which legally enters into the question of consideration of rates, has increased in value since it was acquired,...company is entitled to the benefit of such increase." Justice Hughes, former Governor of New York State and author of the first Public Service Commission...
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Final Report of the Joint Committee of the Senate and Assembly on Telephone ...

New York (State). Legislature. Joint Committee to Investigate Telephone and Telegraph Companies - Telegraph - 1915 - 778 pages
...made regarding the rates. If the property, which legally enters into the question of consideration of rates, has increased in value since it was acquired, the company is entitled to the benefit of sv-ch increase." Justice Hughes, former Governor of Xew York State and author of the first Public Service...
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Valuation, Depreciation and the Rate-base

C. E. Grunsky, Carl Ewald Grunsky - Public utilities - 1916 - 414 pages
...value of the property is to be determined as of the time when the inquiry is made regarding the rates. If the property which legally enters into the consideration...is entitled to the benefit of such increase. This is at any rate the general rule. We do not say that there may not possibly be an exception to it where...
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Valuation, Depreciation and the Rate-base

C. E. Grunsky, Carl Ewald Grunsky - Public utilities - 1916 - 406 pages
...value of a property is to be determined as of the time when the inquiry is made regarding the rates. If the property, which legally enters into the consideration...is entitled to the benefit of such increase. This is at any rate the general rule. We do not say there may not possibly be an exception to it, where...
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The Principles of Accounting

Henry Parker Willis - Accounting - 1916 - 582 pages
...value of the property is to be determined as of the time when the inquiry is made regarding the rates. If the property, which legally enters into the consideration...is entitled to the benefit of such increase. This is, at any rate, the general rule. We do not say there may not possibly be an exception to it, where...
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Address: Federal Valuation of the Railways

Howard Elliott - Railroads - 1916 - 24 pages
...to a fair return upon the value of its property "at the time it is being used for the public," and "if the property, which legally enters into the consideration...company is entitled to the benefit of such increase. ' ' It is possible to conceive that, after this valuation has been completed and settled, the country...
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The Morals of Monopoly and Competition

Homer Blosser Reed - Business ethics - 1916 - 164 pages
...the lower court upon the method of valuation and said further: "If the property which enters legally into the consideration of the question of rates has...is entitled to the benefit of such increase. This at any rate is the general rule." Cost of reproduction in present condition, allowing both for appreciation...
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Public Utility Rates: A Discussion of the Principles and Practice Underlying ...

Harry Barker - Public utilities - 1917 - 412 pages
...value of the property is to be determined as of the time when the inquiry is made regarding the rates. If the property which legally enters into the consideration...is entitled to the benefit of such increase. This is, at any rate, the general rule. We do not say there may not possibly be an exception to it where...
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