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" If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be the investment of new capital and the issue of new bonds or stocks. This course would lead to a constantly increasing variance... "
Commission Leaflets: Recent Commission Orders, Rulings and Decisions from ... - Página 966
por American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1922
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San Francisco Municipal Reports ...

San Francisco (Calif.) - 1910 - 1586 páginas
...service corporation nt least, its plain duty to the public. If a different course were pursued the only method of providing for replacement of property...the public, or both, If, however, a company fails to perform its plain duty and to exact sufficient returns to keep the investment unimpaired, whether this...
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The New York Supplement, Volume 168

1918 - 1258 páginas
...service corporation, at least, its plain duty to the public. If a different course were pursued, the only method of providing for replacement of property...either to the stockholders, or to the public, or both.' * * * "It will not be denied that fuel and such other materials as are consumed from day to day and...
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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - 1950 - 1252 páginas
...the property when they come to the end of their life, and that if a different course were pursued the only method of providing for replacement of property...be useful would be the investment of new capital. See also United Railways v. West, 280 US 234, 254. The average service life of freight cars is not...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 702 páginas
...service corporation at least, its plain duty to the public. If a different course were pursued the only method of providing for replacement of property...the public, or both. If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the investment unimpaired, whether...
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Supreme Court Reporter, Volume 29

United States. Supreme Court - 1909 - 740 páginas
...service corporation, at least, its plain duty to the public. If a different course were pursued the only method of providing for replacement of property...the public, or both. If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the investment unimpaired, whether...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 704 páginas
...service corporation at least, its plain duty to the public. If a different course were pursued the only method of providing for replacement of property...the public, or both. If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the investment unimpaired, whether...
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Midland Municipalities: Official Publication League of Iowa ..., Volumes 17-21

1909 - 1234 páginas
...plain duty to the public. If a different course were pursued, the only method of providing for the replacement of property which has ceased to be useful...would lead to a constantly increasing variance between the present value and bond and stock capitalization — a tendency which would inevitably lead to disaster...
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Annual Report of the State Corporation Commission of ..., Volume 7,Parte 1909

Virginia. State Corporation Commission - 1910 - 1420 páginas
...to the •public. If a different course were pursued the only method of providing forre place'ment of property which has ceased to be useful would be...either to the stockholders or to the public, or both." КпоггШе vs. КпогтШе Water Co., advance sheets US Supreme Court Reports, Lawyers' Edition....
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The Special Law Governing Public Service Corporations, and All ..., Volume 2

Bruce Wyman - 1911 - 854 páginas
...service corporation at least, its plain duty to the public. If a different course were pursued the only method of providing for replacement of property...the public, or both. If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the investment unimpaired, whether...
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Journal of Accountancy, Volume 12

1911 - 662 páginas
...service corporation at least, its plain duty to the public. If a different course were pursued the only method of providing for replacement of property...the public, or both. If, however, a company fails to keep the investment unimpaired, whether this is the 640 result of unwarranted dividends upon over issues...
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