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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. "
Reports of Cases Argued and Determined in the Ohio Circuit Courts...: Ohio ... - Page 103
by William John Tossell - 1915
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 20

United States. Interstate Commerce Commission - Interstate commerce - 1911
...Constitution what the company ia 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 by the public. Relying upon these cases, the Burlington's full position is that it is immaterial how...
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Journal of Accountancy, Volume 12

Accounting - 1911
...[3] It would seem clear from the decisions that the most material question in such cases is that of the reasonable value of the property " at the time it is being used for the public " — that is to say, the time at which the question arises — it being upon the reasonable valution...
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United States Congressional Serial Set

United States. Interstate Commerce Commission - Railroads - 1911
...being largely due to the increased value in commodities handled. ARGUMENT. A carrier is entitled to a fair return upon the reasonable value of the property at the time it is used for the public, and in fixing this value account should be taken of both the physical and intangible...
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Report, Volume 1

Oklahoma Corporation Commission - Corporations - 1912
...noted "Sanborn" decision. Quoting from Wilcox vs. Consolidated Gas Company, 212 US 19, as follows: "There must be a fair return upon the reasonable value...property at the time it is being used for the public. * * * If the property which legally enters in the consideration of the question of rates has increased...
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The Quarterly Journal of Economics, Volume 26

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1912
...Constitution 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." That standard is adopted as against a standard based on actual cost, less depreciation. Actual cost,...
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Valuation of Public Service Corporations: Legal and Economic Phases of ...

Robert Harvey Whitten - Public utilities - 1912 - 798 pages
...corporation in rendering the service to the public. . . . The rate is fair when its application will yield a fair return upon the reasonable value of the property at the time it is being used for the public. It is unfair, when it does not yield such return. . . . No inflexible method for the ascertainment...
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The Pacific Reporter, Volume 118

Law reports, digests, etc - 1912
...circumstances, is just to the owner and to the public. The rate is fair when Its application will yield a fair return upon the reasonable value of the property at the time It is being used for the public. It Is unfair, when It does not yield such return. Knoxvllle v. Knoxville Water Co., 212 US 1, 29 Sup....
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The Quarterly Journal of Economics, Volume 26

Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe - Economics - 1912
...the company is entitled to demand," says the court, " 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." This adopts present value 1 San Diego Land Co. v. National City, 174 US 739. [1899.] as the standard,...
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Reports of Decisions of the Public Service Commission, First ..., Volumes 3-4

New York (State). Public Service Commission (First District). - Public utilities - 1913
...Harlan, J., 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." In Knoxville v. The Knoxville Water Co., 212 US, 1, Moody, J., said: "The first fact essential to the...
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The Law of Interstate Commerce and Its Federal Regulation

Frederick Newton Judson - Electronic books - 1912 - 805 pages
...consideration. '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. The property may have cost more than it ought to have cost, and its outstanding bonds for money borrowed...
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