| New York (State). Public Service Commission. Second District - Railroads - 1913 - 892 pages
...is also to bo considered. In Willcox vs. Consolidated Gas Company (212 US 19), the same court said: There must be a fair return upon the reasonable value of the prop erty at the time it is being used for the public. In order to determine the rate of return upon... | |
| American School (Lansing, Ill.), Howard Strickland Abbott - Corporation law - 1913 - 496 pages
...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,... | |
| Robert Patterson Reeder - Constitutional law - 1914 - 464 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... | |
| New York (State) - Administrative courts - 1914 - 620 pages
...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... | |
| Nevada. Railroad Commission - Corporations - 1914 - 428 pages
...cases: GENERAL 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 service. (Smyth v. Ames, 169 US466; San Diego L. ê T. Co. v. National City, 174 US 739; San Diego... | |
| James Parker Hall - Constitutional law - 1914 - 528 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... | |
| C. E. Grunsky, Carl Ewald Grunsky - Public utilities - 1927 - 534 pages
...Court says, " 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 the Minnesota Rate Cases the Court also quotes with its approval from Smyth vs. Ames (169 US 466).... | |
| Electronic journals - 1927 - 1098 pages
...after Smyth v. Ames, 169 US 466 (1897). simply stated that "What the company is entitled to demand is a fair return upon the reasonable value of the property at the time it is being used for the public." San Diego Land & Town Co. v. National City, 174 US 739, 757, 19 Sup. Ct. 804. 811 (1898) ; San Diego... | |
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