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" As the company may not be protected in its actual investment, if the value of its property be plainly less, so the making of a just return for the use of the property involves the recognition of its fair value if it be more than its cost. "
Water Power Bill: Hearings Before the Committee on Public Lands, House of ... - Page 166
by United States. Congress. House. Committee on Public Lands - 1914 - 772 pages
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 194

New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1921 - 1108 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...the property involves the recognition of its fair Third Department, January, 1921. [Vol. 194. value if it be more than its cost." The pertinency of that...
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Opinions and Decisions of the Railroad Commission of the State of ..., Volume 24

Railroad Commission of Wisconsin - Railroad law - 1922 - 806 pages
...improvident, losses may be sustained which the community does not underwrite. As the company may not he protected in its actual investment, if the value of...so the making of a just return for the use of the properly involves the recognition of its fair value if it he more than its cost. The property is held...
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Journal of the Engineers Society of Pennsylvania, Volume 7

Engineers' Society of Pennsylvania - Engineering - 1915 - 538 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment if the value...recognition of its fair value if it be more than its cost." That, of course, recognizes the long same chances that every other investor takes for the success or...
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Railway Problems

William Zebina Ripley - Railroads - 1913 - 890 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...of. its fair value if it be more than its cost. The property is held in private ownership, and it is that property, and not the originfll cost of it, of...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 230

United States. Supreme Court - Law reports, digests, etc - 1913 - 640 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...of its fair value if it be more than its cost. The property is held in private ownership and it is that property, and not the original cost of it, of...
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Washington Public Documents, Volume 3

Washington (State) - Washington (State) - 1913 - 1312 pages
...does not underwrite. As the company may not be protected in its actual investment, if the value of the property be plainly less, so the making of a just...of its fair value if it be more than its cost. The property is held in private ownership and it is that property, and not the original cost of it, of...
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Modern American Law: A Systematic and Comprehensive Commentary on ..., Volume 13

Eugene Allen Gilmore, William Charles Wermuth - Law - 1914 - 840 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...of its fair value if it be more than its cost. The property is held in private ownership, and it is that property, and not the original cost of it, of...
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Report

Railroad and Warehouse Commission of the State of Minnesota - Railroads - 1914 - 872 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...of its fair value if it be more than its cost. The property is held in private ownership and it is that property, and not the original cost of it, of...
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Annual Report of the Railroad Commission of Nevada, Volume 6

Nevada. Railroad Commission - Corporations - 1914 - 428 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...of its fair value if it be more than its cost. The property is held in private ownership, and it is that property, and not the original cost of it, of...
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Valuation of Public Service Corporations: Legal and Economic ..., Volume 2

Robert Harvey Whitten - Public utilities - 1914 - 684 pages
...or improvident, losses may be sustained which the community does not underwrite. As the company may not be protected in its actual investment, if the...of its fair value if it be more than its cost. The property is held in private ownership and it is that property, and not the original cost of it, of...
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