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Page 1422 - And 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 1370 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Page 1422 - 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 1370 - 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 1412 - The rate of depreciation should be fixed so as to distribute, as nearly as may be, evenly throughout the life of the depreciating property the burden of repairs...
Page 1614 - The component conductors of the second kind of cable may be either solid or stranded, and this kind of cable may or may not have a common insulating covering. The first kind of cable is a single conductor, while the second kind is a group of several conductors. The term " cable " is applied by some manufacturers to a solid wire heavily insulated and lead-covered. This usage arises from the manner of the insulation, but such a conductor is not included under this definition of " cable." The term "...
Page 1784 - ... ampere per mile of tramway the leak shall be localised and removed as soon as practicable, and the running of the cars shall be stopped unless the leak is localised and removed within 24 hours.
Page 1628 - MESSENGER OR CATENARY SUSPENSION: All forms of overhead trolley construction in which the trolley wires are attached, by suitable devices, to one or more messenger cables, which in turn may be carried either...
Page 1837 - Society representing the American Society of Civil Engineers, the American Society of Mechanical Engineers, the American Institute of Electrical Engineers, and the American Institute of Mining and Metallurgical Engineers, provides the division with an office in the Engineering Societies Building, 29 West Thirty-ninth Street, New York.