 | Allen Johnson, William Alexander Robinson - 1927 - 538 pages
...public service the owner must recognize that, as compared with investment in private business, he cannot expect either high or speculative dividends but that...in transportation in a given section and was doing ail the business, this would be clear. If it receives a fair return on its property, why should it... | |
 | 1928 - 1066 pages
...upon the value of its properties which are being devoted to transportation." The court further said : "By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends, but that his obligation limits him to only fair... | |
 | Robert Harvey Whitten - 1927 - 1094 pages
...recently, in Dayton-Goose Creek Ry. v. US, supra, at page 481, this idea was expressed as follows: "By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends, but that his obligation limits him to only fair... | |
 | 1928 - 1120 pages
...upon the value of its properties which are being devoted to transportation." The court further said : "By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends, but that his obligation limits him to only fair... | |
 | United States. Interstate Commerce Commission - 1930 - 1058 pages
...guaranties of fair return upon property devoted to public use.— Reduced Rates, 1922, 68 ICC 676. By investment in a business dedicated to the public...obligation limits him to only fair or reasonable profit. — Dayton-Goose Creek Ry. Co. v. United States, 263 US 450, 68 L. ed. 388, 44 Sup. Ct. Rep. 169, itfSrrning... | |
 | United States. Congress. House. Committee on the Judiciary - 1943 - 376 pages
...the Transportation Act, known as the Dayton-Goose Creek case, here is what the Supreme Court said: By investment in a business dedicated to the public...as compared with investment in private business, he cannot expect either high or speculative dividends but that his obligation limits him to only fair... | |
 | 1924 - 1646 pages
...public service one must recognize that, as compared with investment in private business, he cannot expect either high or speculative dividends, but that his obligation limits him to only fair and reasonable profit. [See 4 RCL 641.] Carriers — rates — effect of total profits. 6. Where the... | |
 | United States. Interstate Commerce Commission - 1927 - 1010 pages
...recently, in Dayton-Goose Creek Ry. v. US, supra, at page 481, this idea was expressed as follows: By Investment in a business dedicated to the public service the owner mnst recognize that, as compared with Investment In private business, he cannot expect either high... | |
| |
... is not entitled as of constitutional right to more than a fair net operating income upon the value of its properties which are being devoted to transportation. By investment in a business dedicated to the public service the owner must recognize that,... 
