Documents of the City of Boston, Issue 43 |
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Page 60
The Trustees , even on the most favorable construction of the act , therefore , would not be authorized to charge the public with past losses as such , but only with such past losses as it was necessary to replace in order to return the ...
The Trustees , even on the most favorable construction of the act , therefore , would not be authorized to charge the public with past losses as such , but only with such past losses as it was necessary to replace in order to return the ...
Page 61
Even this liberal construction of the act , however , would not justify the depreciation charge as set by the Trustees after 1923 or 1924. After that time the charge is always higher than the amount required to make all replacements .
Even this liberal construction of the act , however , would not justify the depreciation charge as set by the Trustees after 1923 or 1924. After that time the charge is always higher than the amount required to make all replacements .
Page 71
On the construction of the act most favorable to the Trustees , they had overcharged the public , in the cost of service , a minimum of $ 20,500,000 by the end of 1939. This amount will be much larger if , in a proceeding for an ...
On the construction of the act most favorable to the Trustees , they had overcharged the public , in the cost of service , a minimum of $ 20,500,000 by the end of 1939. This amount will be much larger if , in a proceeding for an ...
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actual addition amount amounts charged analysis annual appears attributable authority balance Beeler began betterments Boston Elevated Railway capital cars charged the replacement charged to maintenance City of Boston clear Commonwealth Company completely consider considerable construction continued cost of service course created December 31 Deferred Maintenance deficit Department depreciation charge determine Elevated Railway Company entire equipment estimate examination excess existing on June expenditures expenses fact fares figure Finance Commission impairment increased June 30 limited losses ment months necessary occurring operating condition original paid past period physical plant possible powers prior private management problem projects proper charge Public Control question reason records rehabilitation replacement fund reserve result retirements road schedules seen shown situation stockholders Street taken tion track true Trustees yearly