...of the property being used for the convenience of the public, and in order to ascertain that value, the original cost of construction, the amount expended...the services rendered by it are reasonably worth." Where different rates were prescribed for railroads on the upper and lower peninsulas of Michigan this...

...the amount expended in permanent improvements, the amount and market value of its stock and bonds, the present as compared with the original cost of...the services rendered by it are reasonably worth." It follows that in determining the value of corporate property the amount and value of the bonds and...

...the value of that which it employs for the public convenience. On the other hand, what the public \s entitled to demand is that no more be exacted from...the services rendered by it are reasonably worth." San Diego, etc., Co. v. National Citv, 174 US 739, 19 Sup. Ct. 804, 43 L. Ed. 1154. In view of the...

...being used by •f it for the convenience of the public. And, •'in order to ascertain that value, the "original cost of construction, the amount expended...the services rendered by it are reasonably worth. But even upon this basis, and determining the probable effect of the act of 1803 by ascertaining what...

...compared with the original cost of construction, the probable earning capacity of the property under the ustice Bradley in Clark v. United Slates, 95 US 539,...518, where it was said (p. 542, L. ed. p. 519) : In San Diego Land Л Toirn Co. v. National City (p. 757, L. ed. p. 1161, Sup. Ct. Rep. p. 811): "The...

...public convenience. On the other hand, what the public is entitled to demand is that no more be exacted for the use of a public highway than the services rendered by it are reasonably worth." Of course, the same principles apply to the water rates as to railroad rates. San Diego band & Town...

...to be given such weight as may be just and right in ciieh case. We do not say that there may not he other matters to be regarded in estimating the value...the services rendered by it are reasonably worth." Later cases determined by the United States Supreme Court are of like import. San Diego Land Co. v....

...legislation, protect the people against unreasonable charges for the services rendered by it [the company]." " On the other hand, what the public is entitled to...a public highway than the services rendered by it [the company] are reasonably worth." 1 Dow v. Beidelman, 125 US 680; Chicago, M. & St. P. Ry. Co. r....

...property being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended...the services rendered by it are reasonably worth. This passage has so often and so recently been quoted with approval that it is clear that the court...

...sanction must be the fair value of property being used by It for the convenience of the public *** what the company Is entitled to ask Is a fair return...highway than the services rendered by it are reasonably worth.54 The court, however, did not determine specifically what constitutes "fair value" and for some...