 | Illinois. Supreme Court - Law reports, digests, etc - 1911 - 726 pages
...upon which they should be fixed, in Smyth v. Ames, 169 US 466, the court said (p. 546) : "We hold, however, that the basis of all calculations as to...must be the fair value of the property being used for the convenience of the public, and in order to ascertain that value, the original cost of construction,... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1920 - 694 pages
...rate-making purposes is the cost of reproduction new, less depreciation. This contention cannot be sustained. The basis of all calculations as to the reasonableness...rates to be charged by a corporation maintaining a public utility under legislative sanction must be the fair value of the property being used by it for... | |
 | Iowa. Board of Railroad Commissioners - Public utilities - 1899 - 348 pages
...as will be just both to it and to the public." We hold, however, that the basis of all caiculations as to the reasonableness of rates to be charged by...construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost... | |
 | Law reports, digests, etc - 1926 - 1144 pages
...v. Ames, 18 S. Ct. 418, 434, 169 US 466, 546, 547 (42 L. Ed. 819) the Supreme Court said: "We hold, however, that the basis of all calculations as to...construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost... | |
 | Law reports, digests, etc - 1902 - 988 pages
...legislature in respect thereto, it was said (pp. 546, 547, L. ed. p. 849, Sup. Ct. Rep. p. 434) : "We hold, r quantity the amount and market value of its bonds and stock, the present as compared with the original cost... | |
 | Law reports, digests, etc - 1899 - 986 pages
...such compensation for the use of its property as will be just both to it and to the public." We hold, however, that the basis of all calculations as to...maintaining a highway under legislative sanction must be tf the fair value of the property being used by •f it for the convenience of the public. And, •'in... | |
 | American periodicals - 1898 - 848 pages
...the land is impaired or destroyed by legislation. We hold that the basis of all calculations as to reasonableness of rates to be charged by a corporation...original cost of construction, the amount expended in improvements, the amount and market value of its bonds and stock, the present as compared with the... | |
 | Law reports, digests, etc - 1922 - 1206 pages
...Smyth v. Ames, 169 US loc. cit. 546, 18 Sup. Ct 434, 42 L. Ed. 819, in which it was said: "We hold, however, that the basis of all calculations as to...the property being used by it for the convenience of tlie public. And in order to ascertain that value, the original cost of construction, the amount expended... | |
 | United States. Interstate Commerce Commission - Interstate commerce - 1931 - 966 pages
...indicated its views upon the question of valuation in the following language (page 546) : We hold, however, that the basis of all calculations as to...construction, the amount expended In permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost... | |
 | United States. Interstate Commerce Commission - Interstate commerce - 1927 - 992 pages
...which lies at the root of this and other valuation proceedings. In that pioneer case the court held that the " basis of all calculations as to the reasonableness...used by it for the convenience of the public," and that " what the company is entitled to ask is a fair return upon the value of that which it employs... | |
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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.... 
