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" Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as... "
Consolidation of Railway Properties: Hearings...on S. 1870... - Page 58
by United States. U.S. Congress. Senate. Interstate commerce committee - 1926 - 331 pages
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The Federal Reporter

1928 - 1130 pages
...in each of such rate groups or territories as the Commission may from timo to time designate) will, under honest, efficient and economical management...for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 63

United States. Interstate Commerce Commission - 1922 - 1070 pages
...in the aggregate under section 1 of the act and would enable the carriers in the respective groups, under honest, efficient, and economical management...for maintenance of way, structures, and equipment, to earn the aggregate annual railway operating income set as a mark by Congress. Of this they have...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 189

United States. Interstate Commerce Commission - 1932 - 902 pages
...later types. Id. (461). The Act provides that the rate structure shall comprehend and be based upon "honest, efficient, and economical management and...for maintenance of way, structures, and equipment," and it certainly implies that the "fair return" for the use of the property shall be measured on that...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 107

United States. Interstate Commerce Commission - 1926 - 924 pages
...such excess cost was an unreasonable expenditure for maintenance of equipment and not in interest of efficient and economical management and reasonable...for maintenance of way, structures, and equipment, as required by section 15aof the act. Construction and Repair of Ry. Equipment, 721. EMBARGOES. Where...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 58

United States. Interstate Commerce Commission - 1920
...in tbĀ« aggregate under section 1 of the act and would enable the earners in the respective groups, under honest, efficient, and economical management and reasonable expenditures for maintenance of war, structures, and equipment, to earn an aggregate annual railway opwmting income equal, as nearly...
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The Journal of political economy, Volume 33

1925 - 822 pages
...found to exist. Reference to the section shows that the Commission must establish rates such as will "under honest, efficient and economical management...for maintenance of way, structures and equipment," earn a fair return for the carriers. The report of the Commission to the Senate Committee on Interstate...
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Canada; Economic Position and Plans for Development

Guaranty Trust Company of New York - 1919 - 664 pages
...in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient and economical management...for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return...
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Federal Liabilities of Carriers: A Treatise Upon the Duties and ..., Volume 1

Maurice G. Roberts - 1920 - 106 pages
...in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient and economical management...for maintenance of way, structures and equipment, earn and aggregate annual net railway operating income equal, as nearly as may be, to a fair return...
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Annual Report

California Public Utilities Commission - 1920 - 826 pages
...in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient and economical management...for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return...
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Annual Report of the Interstate Commerce Commission

United States. Interstate Commerce Commission - 1920 - 308 pages
...in each of such rate groups or territories as the Commission may from time to time designate) will, under honest, efficient, and economical management...for maintenance of way, structures, and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return...
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