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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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Commission Leaflets: Recent Commission Orders, Rulings and ..., Issues 14-18

American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - Telegraph - 1913
...is also to be considered. In Willcox vs. Consolidated Gas Company (212 US 19), the same court said : There must be a fair return upon the reasonable value...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 it is...
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Railway Problems

William Zebina Ripley - Railroads - 1913 - 830 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 for the public.'' That standard is adopted as against a standard based on actual cost, less depreciation. Actual cost,...
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Railway Problems

William Zebina Ripley - Railroads - 1913 - 830 pages
...company is entitled to demand," says the Court, "in order that it may have just compensation, is a fan- return upon 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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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 229

United States. Supreme Court - Law reports, digests, etc - 1913
...other person who may purchase the franchise at the sale made pursuant to such ordinance, more than a fair return upon the reasonable value of the property at the time it is being used. It is the intention of this judgment to give to the City of Paducah the option of permitting the present...
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Public Utilities: Their Cost New and Depreciation

Hammond Vinton Hayes - Corporations - 1913 - 262 pages
...reserves invested in outside securities. As stated in the last section, the undertaking is entitled to a fair return upon the reasonable value of the property at the time it is being used by the public. It is necessary now to see whether these two methods of determining loss of value will...
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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. Butter Water Co., 179 Pa. St. 331, 36 Atl. Rep. 249. There must be a fair return upon the reasonable value of the property at the tune it is being used for the public, unless, in exceptional cases, the enforcement of rates necessary...
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Public Utilities: Their Cost New and Depreciation

Hammond Vinton Hayes - Corporations - 1913 - 262 pages
...summarized as, on the one hand, 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 on...
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Corporation Law: A Comprehensive Treatise on Federal and State Legislation ...

American School (Chicago, Ill.), Howard Strickland Abbott - Corporation law - 1913
...return upon the value of the property which it employs for the public convenience. Just compensation is a fair return upon the reasonable value of the property at the tune it is being used for the public. In order to ascertain that value, the original cost of construction,...
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The Validity of Rate Regulations, State and Federal

Robert Patterson Reeder - Constitutional law - 1914 - 440 pages
...Consolidated Gas Co. (1909) 212 US 19, 41, 52, 29 Sup. Ct. 192, 195, 200, 53 L. ed. 382, the court said, "There must be a fair return upon the reasonable value...property at the time it is being used for the public The value of the property is to be determined as of the time when the inquiry is made regarding the...
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The State Department Reports of the State of New York

New York (State) - Administrative courts - 1914
...Company, 212 US 19, the Supreme Court of the United States declared that in rate cases " there nrust be a fair return upon the reasonable value of the...property at the time it is being used for the public." This was the enunciation of the rule which had been laid down by the same court in the previous cases...
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