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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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Municipal Franchises: Introductory. Pipe and wire franchises

Delos Franklin Wilcox - Municipal franchises - 1910 - 788 pages
...for the gas as to permit not more than a fair return (regard being had to the risk of the business) upon the reasonable value of the property at the time it is being used for the public." The lower court had estimated the increase in the value of the franchises since 1884 as being in the...
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Actions by and Against Corporations at Law and in Equity: Embracing Also ...

Joseph Asbury Joyce - Actions and defenses - 1910 - 962 pages
...of Rates. Rates when fixed by legislative authority, for public service corporations, should allow a fair return upon the reasonable value of the property at the time of being used; they should not be confiscatory; and whether a rate yields such a fair return as not...
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Higher Accountancy, Principles and Practice, Volume 1

William Arthur Chase - Accounting - 1911 - 572 pages
...property for public use without such compensation as under the circumstances is just both to the owner and the public. There must be a fair return upon the reasonable...property at the time it is being used for the public. (San Diego Land & Town Company v. National City, 174 IT. S. 739, 757; Same v. Jasper, 189 TJ. S. 439,...
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Current Railway Problems

Samuel Orace Dunn - Railroad law - 1911 - 96 pages
...Court of the United States in the case of Wilcox v. Consolidated Gas Company (212 US 19, 41, 52) : "There must be a fair return upon the reasonable value...property at the time it is being used for the public. . . . And we concur with the court below in holding that the value of the property is to be determined...
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The Railway Library, Volume 2

Slason Thompson - Railroads - 1911 - 512 pages
...basis of rates. As again stated by the same Court in Wilcox v. Consolidated Gas Company, 212 US, 19: 'There must be a fair return upon the reasonable value...property at the time it is being used for the public * * * and we concur with the court below in holding that the value of the property is to be determined...
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Annual Report

Railroad and Warehouse Commission of the State of Minnesota - Railroads - 1911 - 724 pages
...basis of rates. As again stated by the same Court in Wilcox v. Consolidated Gas. Company, 212 US 19: "There must be a fair return upon the reasonable value...property at the time it is being used for the public * * * and we concur with the court below in holding that the value of the property is to be determined...
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Report

Railroad and Warehouse Commission of the State of Minnesota - 1911 - 712 pages
...basis of rates. As again stated by the same Court in Wilcox v. Consolidated Gas. Company, 212 US 19: "There must be a fair return upon the reasonable value...property at the time it is being used for the public * * * and we concur •vith the court below in holding that the value of the property is to be determined...
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Opinions and Decisions of the Railroad Commission of the State of ..., Volume 5

Railroad Commission of Wisconsin - Railroad law - 1911 - 966 pages
...215,222. 11. 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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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - Interstate commerce - 1911 - 790 pages
...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 - 662 pages
...[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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