 | Illinois. Supreme Court - 1920 - 694 pages
...considered on its own merits and such result of value arrived at as may be just and right in each case. It is not a matter of formulas, but there must be...in a proper consideration of all relevant facts. We consider any value a fair value which fair and reasonable men would say ought to be attached to the... | |
 | United States. Court of Claims - 1948 - 886 pages
...guideposts have been considered in cases involving a similar question and as a general proposition it is not a matter of formulas but there must be a...its basis in a proper consideration of all relevant 764 Opinion of the Court facts. The matters which enter into a consideration of this kind are cost... | |
 | 1927 - 594 pages
...squarely held that neither original cost nor reproduction is the basis for a proper valuation; but a 'reasonable judgment having its basis in a proper consideration of all the relevant facts.' " Mr. Taggart shrewdly adds: "The danger to the investor, should reproduction... | |
 | 1914 - 1246 pages
...receive just compensation for the service given to the public. • • • The ascertainment of that value is not controlled by artificial rules. It is...having Its basis in a proper consideration of all the relevant facts." In Knott et aL v. St Louis, KC & CR Co. et aL, 230 DS 512, 33 Sup. Ct. 983, 57... | |
 | 1914 - 812 pages
...considered on its own merits, and such result or value arrived at as may be "just and right in each case." "It is not a matter of formulas, but there must be...in a proper consideration of all relevant facts." 1 "We take it that any value is a fair value which fair and reasonable men would say ought to be attached... | |
 | 1923 - 1210 pages
...Ann. Cas. 1916A, 18: "The ascertainment of that value ia not controlled by artificial rules. It ¡я not a matter of formulas, but there must be a reasonable...in a proper consideration of all relevant facts." The commission, in determining the value of appellant's plant, considered Its historical cost, the... | |
 | United States. Interstate Commerce Commission - 1925 - 962 pages
...Jersey v. So. Pacific Go., decided April 20, 1925, 268 US 146, is cited, wherein the court stated : It Is to be borne in mind that value is the thing to...basis in a proper consideration of all relevant facts. Minnesota Rate Cases, 230 US 352, 434. Independent of the question of depreciation, the difference... | |
 | United States. Interstate Commerce Commission - 1931 - 966 pages
...fair value of the property ' used for the convenience of the public. * * * The ascertainment of that value is not controlled by artificial rules. It is...in a proper consideration of all relevant facts." The valuation of property must always be largely a matter of judgment and not of formula or precise... | |
 | Engineers' Society of Pennsylvania - 1915 - 538 pages
..."The ascertainment of that value is not controlled by artificial rules. It is not a matter of formula, but there must be a reasonable judgment having its...in a proper consideration of all relevant facts." (4) "But, supposing the railroad to be obliterated and the lands to be held by others, the owner of... | |
 | New Hampshire. Public Service Commission - 1916 - 776 pages
...doctrines of the same court as laid down in the leading case of Smyth \. Ames: ''The ascertainment of that value is not controlled by artificial rules. It is...basis in a proper consideration of all relevant facts. The scope of the inquiry was thus broadly described in Smyth v. Ames (169 US 466, 546, 547) : 'In order... | |
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The ascertainment of that value is not controlled by artificial rules. It is not a matter of formulas, but there must be a reasonable judgment having its basis in a proper consideration of all relevant facts. 
