 | United States. Federal Maritime Commission - Inland water transportation - 1961 - 954 pages
...whether the increased rates are "just and reasonable". The carriers are entitled to a fair return on the reasonable value of the property at the time it is being used in the service of the public. The Conference respondents contend that the operating ratios experienced... | |
 | Pennsylvania Bar Association - Bar associations - 1917 - 462 pages
...US 757, said: "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." As to how its fair value should be ascertained, Justice Hughes in The Minnesota rate cases, 230 US... | |
 | Industrial laws and legislation - 1997 - 452 pages
...v. Ames, Justice Harlan clarified his support of the reproduction cost valuation method, calling for a "fair return upon the reasonable value of the property at the time it is being used for the poblic."1" The Court subsequently emphasized this new language in the immediately succeeding rate regulation... | |
 | William Z. Ripley - Business & Economics - 2000 - 440 pages
...entitled to demand," says the Court, " in order that it may have just compensation, is a fair return npon the reasonable value of the property at the time it is being used for the public." This adopts present value as the standard, but leaves unsettled how the reasonable value of the property... | |
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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. 
