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" To concede this as a right would be to guarantee income, and would raise a correlative duty to account for earnings beyond what were reasonable in the past. No limit could be placed to the period of the inquiry, nor could justice really be done by it... "
Report - Página 508
por Nebraska. State Railway Commission - 1925
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Public Utilities Reports

Henry Clifford Spurr, Ellsworth Nichols - 1923 - 992 páginas
...justice really be done by it to the individual stockholders or consumers actually concerned, for those are constantly changing. A rate established as reasonable,...disappointments or surprises in results balanced." In view of the above, we reject the claim for inclusion in the rate base of the amount representing...
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Public Utilities Reports

Henry Clifford Spurr, Ellsworth Nichols - 1923 - 1014 páginas
...justice really be done by it to the individual stockholders or consumers actually concerned, for those are constantly changing. A rate established as reasonable,...disappointments or surprises in results balanced." In view of the above, we reject the claim for inclusion in the rate base of the amount representing...
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United States Reports: Cases Adjudged in the Supreme Court, Volume 262

United States. Supreme Court - 1923 - 872 páginas
...as reasonable, whether by the company or by the Commission is not guaranteed by the Commission or by the public. Whether it will actually yield more or...return during its continuance is a risk of the business " to which the company had devoted its property. If this is an intimation that the Court was of the...
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Guiding Principles of Public Service Regulation, Volume 1

Henry Clifford Spurr - 1924 - 840 páginas
...justice really be done by it to the individual stockholders or consumers actually concerned, for those are constantly changing. A rate established as reasonable,...disappointments or surprises in results balanced." s58 If the entire cost of developing a business were the inflexible criterion by which the element...
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The Federal Reporter, Volume 278

1922 - 1096 páginas
...per cent, net return on the values since fixed by the commission, are claimed during the years 1917, 1918, 1919, and 1920. During part of this time operations...disappointments or surprises in results balanced. 6. We find on the whole that it does not clearly appear that a fair return will not be afforded by...
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Valuation of Public Service Corporations: Legal and Economic ..., Volume 2

Robert Harvey Whitten - 1927 - 1108 páginas
...per cent net return on the values since fixed by the Commission, are claimed during the years 1917, 1918, 1919, and 1920. During part of this time operations...disappointments or surprises in results balanced. And in the Supreme Court, Mr. Justice Brandeis disposed of this claim as follows (at page 632) : That...
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Reports, Volume 10

New Jersey. Board of Public Utilities - 1928 - 616 páginas
...reasonable return, if established, should now be either allowed as capital investment or amortised under this or future rates we cannot allow. To concede...within the discretion of the Commission to consider the experiences of the immediate past in fixing a just rate for the future, but we hold that no legal right...
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Economic Decisions of the Civil Aeronautics Board, Volume 8

United States. Civil Aeronautics Board - 1949 - 1846 páginas
...currently in the new rates or be capitalized. In rejecting the contention, the Federal Court said: A rate established as reasonable, whether by the company...disappointments or surprises in results balanced. The doctrine was reaffirmed as recently as the Natural Gas • ••••• there Is wisely no rule...
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Public Utilities Reports, Volume 3

Henry Clifford Spurr, Ellsworth Nichols - 1922 - 1020 páginas
...per cent net return on the values since fixed by the Commission, are claimed during the years 1917, 1918, 1919, and 1920. During part of this time operations...disappointments or surprises in results balanced. 6. We find on the whole that it does not clearly appear that a fair return will not be afforded by...
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