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abstract abstract abstract alleged amount annual appears appellant application authority Board bonds Cape Girardeau capital cars cent charge Chicago Commis Commissioners common carrier company's complaint connection construction consumers contract corporation cost County December 31 defendant depreciation depreciation reserve determine Deweyville effect Electric Light evidence fare filed fixed franchise freight furnish gallons granted hearing Illinois increase installed investment issue jurisdiction Lonaconing Louis Light meter miles Missouri month municipality N. Y. 2d Dist operating expenses Osage county pany passengers petition petitioner plaintiff plant Portageville Power Company present proposed Public Service Commission Public Utilities Act Public Utilities Commission purpose Railroad Commission railroad company Railway Company rates reasonable respondent revenue rule schedule shows sion station statute street railway subscribers supply supreme court Teleg Teleph Telephone Company tion town tracks Tremonton valuation Water Company
Page 515 - 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.
Page 516 - ... in order to ascertain that value, the original cost of 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 of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses, are all matters for consideration and are to be given such weight as may be just and right in each case. We do not say that...
Page 806 - The ascertainment of that value is not controlled by artificial rules. It is not a matter of formulas, but there must be a reasonable judgment, having its basis in a proper consideration of all relevant facts.
Page 805 - What the company is entitled to demand, in order that it may have just compensation, is a fair return upon the reasonable value of the property at the time it is being used for the public.
Page 33 - York, may issue stocks, bonds, notes or other evidence of indebtedness payable at periods of more than twelve months after the date thereof, when necessary for the acquisition of property, the construction, completion, extension or improvement of its facilities, or for the improvement or maintenance of its service or for the discharge or lawful refunding of its obligations...
Page 383 - Every such common carrier shall also file with said commission copies of all contracts, agreements or arrangements with other common carriers in relation to any traffic affected by the provisions of this act to which it may be a party.
Page 361 - That it shall be unlawful for any common carrier subject to the provisions of this Act to charge or receive any greater compensation in the aggregate for the transportation of passengers or of like kind of property, under substantially similar circumstances and conditions, for a shorter than for a longer distance over the same line, in the same direction, the shorter being included within the longer distance...
Page 180 - Municipal corporations are political subdivisions of the State, created as convenient agencies for exercising such of the governmental powers of the State as may be entrusted to them.
Page 605 - Contracts of the latter description are held to be within the supervising power and control of the legislature when exercised to protect the public safety, health and morals, and that clause of the Federal Constitution which protects contracts from legislative action cannot in every case be successfully invoked. The presumption is that when such contracts are entered into it is with the knowledge that parties cannot, by making agreements on subjects involving the rights of the public, withdraw such...