 | Hammond Vinton Hayes - Corporations - 1913 - 292 pages
...fundamental conception of the value inherent in a "live" plant is contained in the following ruling: "But the value of property results from the use to...value outside of that which results from such use." l This quotation voices the spirit of the business man and the investor. The replacement cost is but... | |
 | Tracy Philpot - 1913 - 326 pages
...be. Hence, value is always a question of opinion and not of fact. §62 Relation of Value and Use. — "The value of property results from the use to which...value outside of that which results from such use." (396) §63 Species of Value.— The different kinds of value pertaining to Utility valuation problems... | |
 | Economics - 1915 - 936 pages
...which the property makes, nor for the privilege of using the property, but rests solely upon the value. But the value of property results from the use to...present and prospective, actual and anticipated." See also Monongahela Navigation Co. v. US, 148 US 312; 37 L. ed. 463 (value for condemnation ) . 7.... | |
 | James Thomas Young - United States - 1915 - 726 pages
...an instrumentality of interstate or international commerce or for the carrying on of such commerce; but the value of property results from the use to...put and varies with the profitableness of that use, and by whatever name the exaction may be called, if it amounts to no more than the ordinary tax upon... | |
 | Harold Edgar Barnes - Constitutional law - 1915 - 376 pages
...instrumentality of interstate or international commerce, or for the carrying on of such commerce ; but the value of property results from the use to...put, and varies with the profitableness of that use ; and by whatever name the exaction may be called, if it amounts to no more than the ordinary tax upon... | |
 | Law reports, digests, etc - 1915 - 982 pages
...an instrumentality of interstate or international commerce, or for the carrying on of such commerce; but the value of property results from the use to which it is put, and Taries with the profitableness of that use; and by whatever name the exaction may be called, if it... | |
 | William James Jackman - Interstate commerce - 1916 - 424 pages
...physical property, but in the use of that property. Value begins with use and increases as use increases. "But the value of property results from the use to...value outside of that which results from such use." (C., C., C. & St. L. By. v. Backus, 154 US, 445) The things that secure a broad, extensive and profitable... | |
 | William James Jackman - Interstate commerce - 1916 - 426 pages
...physical property, but in the use of that property. Value begins with use and increases as use increases. "But the value of property results from the use to...value outside of that which results from such use. (C., C., C. & St. L. Ry. v. Backus, 154 US, 445) The things that secure a broad, extensive and profitable... | |
 | Henry Floy - Public utilities - 1916 - 342 pages
...in every form is measured by the value of its use, not by its use divorced from the value thereof."3 "But the value of property results from the use to...pecuniary value outside of that which results from such use."3 The title to ownership of property of a public utility is as complete as that of any individual... | |
 | George Kennan - Railroads - 1916 - 72 pages
...Court in the tax case of the CCC & St. LRR Co. vs. Backus. In its opinion in that case the court said: "The value of property results from the use to which...value outside of that which results from such use. . . . Never was it held that the cost of a thing is the test of its value. Suppose there be two bridges... | |
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But the value of property results from the use to which it is put and varies with the profitableness of that use. present and prospective, actual and anticipated. 
