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" The State retains the right to regulate rates charged by railroads, but it has not the power to fix tolls or charges at so low a rate as to destroy the investment or deprive the company of its right to a reasonable return on the investment. The constitution... "
Adjustment of Labor's Demands During Federal Control of Railroad Operation - Página 10
por Glenn Edward Plumb - 1918 - 11 páginas
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 263

Illinois. Supreme Court - 1914 - 714 páginas
...actual cost of construction that the act of issuing the stock and bonds was ultra vires or fraudulent. The State retains the right to regulate rates charged...its right to a reasonable return on the investment. The constitution forbids the corporation defeating the State's right to regulate its charges by overcapitalization...
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The Northeastern Reporter, Volume 105

1914 - 1130 páginas
...actual cost of construction, that the act of Issuing the stock and bonds was ultra vires or fraudulent. The state retains the right to regulate rates charged...its right to a reasonable return on the investment The Constitution forbids the corporation defeating the state's right to regulate its charges by overcapitalization...
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Federal Operation of Transportation Systems: Hearings Before the Committee ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1918 - 978 páginas
...Supreme Court of Illinois, in the case of People v. Union Consolidated Elevated Railway Co., 263 111., held that by this provision of the constitution :...its right to a reasonable return on the investment No matter what statutes may have been enacted by the legislatures of the various States having such...
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Locomotive Firemen's Magazine, Volumes 62-63

1917 - 780 páginas
...forbid a reckless, dishonest issue of stock and bonds in excess of the consideration received. P. 41. The State retains the right to regulate rates charged...its right to a reasonable return on the Investment. The Constitution forbids the corporation defeating the State's right to regulate its charges by overcapitalization...
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