 It is entitled to see that from earnings the value of the property invested is kept unimpaired, so that at the end of any given term of years the original investment remains as it was at the beginning. It is not only the right of the company to make such...  Journal of Accountancy - Page 6401911Full view - About this book
 | San Francisco (Calif.) - 1910 - 1586 pages
...was at the beginning. It is not only the right of the company to make such a provision, but it is its duty to its bond and stockholders, and, in the case of a public service corporation nt least, its plain duty to the public. If a different course were pursued the only method of providing... | |
 | United States. Interstate Commerce Commission - 1950 - 1252 pages
...depreciation and replacing the parts of the property when they come to the end of their life, and that if a different course were pursued the only method...be useful would be the investment of new capital. See also United Railways v. West, 280 US 234, 254. The average service life of freight cars is not... | |
 | 1909 - 1234 pages
...was at the beginning. It is not only the right of the company to make such a provision, but is its duty to its bond and stockholders, and, in the case...its plain duty to the public. If a different course was pursued the only method of providing for replacement of property which has ceased to be useful... | |
 | Virginia. State Corporation Commission - 1910 - 1420 pages
...of the company to make such a provision, but it is its duty to its bond and •stockholders, and in case of a public service corporation, at least, its...different course were pursued the only method of providing forre place'ment of property which has ceased to be useful would be the investment of new capital 'and... | |
 | Abraham Clark Freeman - 1911 - 1268 pages
...was at the beginning. It is not only the right of the company to make such provision, but it is its duty to its bond and stockholders and, in the case...course were pursued, the only method of providing for displacement of property which has ceased to be useful would be the investment of new capital and the... | |
 | Abraham Clark Freeman - 1911 - 1256 pages
...duty to the public. If a different course were pursued, the only method of providing for displacement of property which has ceased to be useful would be...investment of new capital and the issue of new bonds or stock. This course would lead to a constantly increasing variance between present value and bond and... | |
 | United States. Interstate Commerce Commission - 1911 - 1140 pages
...the right of the company to make such a provision, but It is its duty to its bond and stock holders, and, in the case of a public service corporation at least, its plain duty to the public. (Knoxville v. Kuoxville Water Co., 212 US, 1 (13).) In discussing what a public service corporation... | |
 | Hammond Vinton Hayes - 1913 - 288 pages
...the right of the company to make such a provision, but it is its duty to its bond and stock holders, and, in the case of a public service corporation at...investment of new capital and the issue of new bonds or stock. This course would lead to a constantly increasing variance between present value and bond and... | |
 | Railroad Commission of the State of California - 1914 - 1048 pages
...was at the beginning. It is not only the right of a company to make such a provision, but it is its duty to its bond and stockholders, and, in the case...corporation, at least, its plain duty to the public." Section 49 of the Public Utilities Act of this state reads as follows : "The commission shall have... | |
 | Tracy Philpot - 1913 - 326 pages
...at the beginning. It is not only the right of the company to make such, a provision, but it is its duty to its bond and stockholders, and, in the case 'of a Utility at least, its plain duty to the public." (482) §315 Failure to Provide for Depreciation Is... | |
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