We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public. Railroads; Cases and Selections - Page 56edited by - 1925 - 882 pagesFull view - About this book
| Massachusetts. Board of Gas and Electric Light Commissioners - 1909 - 570 pages
...Smythe v. Ames, 1G9 US 46G, the court says, in regard to railroad rates : — We hold, however, that the basis of all calculations as to the reasonableness...being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
| 1909 - 482 pages
...of reasonable rates — that of Smyth vs. Ames, The Supreme Court has said: "We hold, however, that the basis of all calculations as to the reasonableness...being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
| Joseph Asbury Joyce - 1909 - 1272 pages
...be able only in that way to meet losses on its interstate business. 3. The basis of all caleulations as to the reasonableness of rates to be charged by...being used by it for the convenience of the public ; and in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
| United States. Interstate Commerce Commission - 1909 - 828 pages
...from Smyth v. Ames, 169 US, 466, the Supreme Court of the United States said : We hold, however, that the basis of all calculations as to the reasonableness...highway under legislative sanction must be the fair valuation of the property being used by it for the convenience of the public. And in order to ascertain... | |
| Charles Shirley Potts - 1909 - 244 pages
...property "without due process of law," and is, therefore, unconstitutional and void. It has been held that the basis of all calculations as to the reasonableness of rates to be charged by a railway company is the fair value of the property being used for the convenience of the public, and... | |
| James W. S. Peters - 1909 - 120 pages
...profits, repaying our 1 streets, and proper forfeiture clauses and extending its franchises to 1951. The basis of all calculations as to the reasonableness of rates to be charged by corporations maintaining a public highway under legislative sanction must be the fair value of the... | |
| United States. Interstate Commerce Commission - 1909 - 864 pages
...charged by a corporation maintaining a highway under legislative sanction must be the fair valuation of the property being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
| Oklahoma Corporation Commission - 1910 - 1070 pages
...elements in such an inquiry, will always be an embarrassing question. * * * We hold, however, that the basis of all calculations as to the reasonableness...being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
| James Parker Hall - 1910 - 438 pages
...return upon the business. As to railroad rates the Supreme Court has said : "We hold, however, that the basis of all calculations as to the reasonableness...being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
| Frederick Green - 1910 - 650 pages
...obligations, is not alone to be considered when determining the rates that may be reasonably charged. * * * The basis of all calculations as to the reasonableness...being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction, the amount expended in permanent... | |
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