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" ... is not entitled as of constitutional right to more than a fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public service the owner must recognize that,... "
Railroad Consolidation: Hearings Before the Committee on Interstate and ... - Page 188
by United States. Congress. House. Committee on Interstate and Foreign Commerce - 1926 - 514 pages
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 124

United States. Interstate Commerce Commission - 1927
...recently, in Dayton-Goose Creek Ry. v. US, supra, at page 481, this idea was expressed as follows : By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends but that his obligation limits him to only fair...
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Second Deficiency Appropriation Bill, 1924: Hearing Before Subcommittee of ...

United States. Congress. House. Committee on Appropriations - 1924 - 682 pages
...fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public...section and was doing all the business, this would would be clear. If it receives a fair return on its property, why should it make any difference that...
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Second Deficiency Appropriation Bill: 1924, Hearing ... 68th Congress, 1st ...

United States. Congress. House. Appropriations - 1924 - 682 pages
...properties which are being devoted to transportation. By investment in a business dedicated to the puMic service the owner must recognize that, as compared...section and was doing all the business, this would would be clear. If it receives a fair return on its property, why should if make any difference that...
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Second Deficiency Appropriation Bill, 1924: Hearing Before Subcommittee of ...

United States. Congress. House. Committee on Appropriations - 1924 - 682 pages
...transportation. By investment in a business dedicated to the putolie service the owner must recognizethat, as compared with investment in private business, he...section and was doing all the business, this would would be' clear. If it receives a fair return on its property, why should it make any difference that...
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Proposed Amendment to the Transportation Act, 1920. Hearings ... on Section ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1924 - 228 pages
...fair net operating Income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public...as compared with investment In private business, he ciin uot expect either high or speculative dividends hot that his obligation limits him to only fair...
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Report of the Special Joint Committee on Taxation and Retrenchment

New York (State). Special Joint Committee on Taxation and Retrenchment - 1924
...fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends but that his obligation limits him to only fair...
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United States Supreme Court Reports, Volumes 263-265

United States. Supreme Court - 1925
...fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends, but that his obligation limits him to only fair...
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Railroads: Cases and Selections

Eliot Jones - 1925 - 880 pages
...fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends but that his obligation limits him to only fair...
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Interstate Commerce Acts Annotated, Volume 3

United States. Interstate Commerce Commission, United States - 1930 - 436 pages
...guaranties of fair return upon property devoted to public use. Reduced Rates, 1922, 68 ICC 676. By investment in a business dedicated to the public...obligation limits him to only fair or reasonable profit. Dayton-Goose Creek Ry. Co. v. United States, 263 US 450, 68 L. ed. 388, 44 Sup. Ct. Rep. 169, itfSrrning...
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Railroad Reorganization: Hearings Before Special Subcommittee on Bankruptcy ...

United States. Congress. House. Committee on the Judiciary - 1943 - 357 pages
...the Transportation Act, known as the Dayton-Goose Creek case, here is what the Supreme Court said: By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends but that his obligation limits him to only fair...
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