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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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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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Source Book in Economics: Selected and Ed. for the Use of College Classes

Frank Albert Fetter - Economics - 1912 - 383 pages
...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 by the public. Belying upon these cases, the Burlington's full position is that it is immaterial how...
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Source Book in Economics: Selected and Ed. for the Use of College Classes

Frank Albert Fetter - Economics - 1912 - 383 pages
...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 by the public. Relying upon these cases, the Burlington's full position is that it is immaterial how...
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Engineering Valuation of Public Utilities and Factories

Horatio Alvah Foster - Corporations - 1912 - 345 pages
...the real value of the property and the fair value in themselves of the services. Just compensation is a fair return upon the reasonable value of the property at the time it is being used by the public. 6. Losses to a water company arising from the distribution of water to consumers outside...
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Valuation of Public Service Corporations: Legal and Economic Phases of ...

Robert Harvey Whitten - Public utilities - 1912 - 798 pages
..."present value"; in the same case on appeal to the United States Supreme Court 5 Justice Harlan refers to "reasonable value of the property at the time it is being used for the public"; this is quoted as settled law by Justice Holmes in 1903 6 and by Justice Peckham in 1909 in Willcox...
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Valuation of Public Service Corporations: Legal and Economic Phases of ...

Robert Harvey Whitten - Public utilities - 1912 - 798 pages
...elemental principles are the right of the company to derive a fair income, based upon the fair value of the property at the time it is being used for the public, taking into account the cost of maintenance or depreciation, and current operating expenses, and the...
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Engineering Valuation of Public Utilities and Factories

Horatio Alvah Foster - Corporations - 1912 - 345 pages
...elemental principles are the right of the company to derive a fair income, based upon the fair value of the property at the time it is being used for the public, taking into account the cost of maintenance or depreciation, and current operating expenses, and the...
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Valuation of Public Service Corporations: Legal and Economic Phases of ...

Robert Harvey Whitten - Public utilities - 1912 - 798 pages
...145, 146): 8. 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 tune it is being used for the public. . . . 9. The public has a right to demand that no more shall...
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Documents of the Senate of the State of New York, Volume 26

New York (State). Legislature. Senate - Government publications - 1913
...public Vol. III. 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. ... In order to determine the rate of return upon the reasonable value of the property at the time...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 230

United States. Supreme Court - Law reports, digests, etc - 1913
...v. Consolidated Gas Co., 212 US 19; Brymer v. Butler Water Co., 179 Pa. St. 331, 36 Atl. Rep. 249. There must be a fair return upon the reasonable value...property at the time it is being used for the public, unless, in exceptional cases, the enforcement of rates necessary for that purpose would be unjust to...
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