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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. "
The American and English Railroad Cases: A Collection of All Cases ... - Page 78
1899
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Franchise Facts

James W. S. Peters - Municipal franchises - 1909 - 120 pages
...profits, repaying our 1 streets, and proper forfeiture clauses and extending its franchises to 1951. The basis of all calculations as to the reasonableness of rates to be charged by corporations maintaining a public highway under legislative sanction must be the fair value of the...
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Interstate Commerce Commission Reports: Reports and Decisions of the ...

United States. Interstate Commerce Commission - Interstate commerce - 1911 - 790 pages
...public." In support of this proposition the leading case of SmytJie v. Ames, 169 US, 466, is cited: We hold, however, that the basis of all calculations...being used by it for the convenience of the public. Again, in Wttcox v. Consolidated Gas Co., 212 US, 19: It is no longer open to dispute that under the...
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Control of the Market: A Legal Solution of the Trust Problem

Bruce Wyman - Antitrust law - 1911 - 316 pages
...obligations, is not alone to be considered when determining the rates that may be reasonably charged. We hold, however, that the basis of all calculations...being used by it for the convenience of the public." Plainly there is no safe basis for the determination of the rate except the actual values. It may be...
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Journal

Illinois. General Assembly. House of Representatives - Illinois - 1911 - 1710 pages
...the grounds 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...must be the fair value of the property being used for the convenience of the public, and in order to ascertain that value, Unoriginal cost of construction,...
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(Hearings) ...

United States. 61st Congress, 1909-1911. House. [from old catalog] - 1911 - 764 pages
...legislation in tliis country, Justice Harlan gives this as one of the fundamental considerations: We hold that the basis of all calculations as to the reasonableness...be charged by a corporation, maintaining a highway, must be the fair value of the property being used ty it for the convenience of the public. * * * \Yhat...
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Hearings Before the Committee on Interstate and Foreign Commerce of the ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - Railroads - 1911 - 52 pages
...legislation in this country, Justice Harlan gives this as one of the fundamental considerations: We hold that the basis of all calculations as to the reasonableness...be charged by a corporation, maintaining a highway, must be the fair value of the property being used by it for the convenience of the public. * * * What...
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United States Congressional Serial Set

United States. Interstate Commerce Commission - Railroads - 1911 - 1140 pages
...States, speaking of the factors to be considered in determining the value of the property, states : We hold, however, that the basis of all calculations...reasonableness of rates to be charged by a corporation malntiiinlng a highway under legislative sanction must be the fair value of the property being used...
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The Special Law Governing Public Service Corporations, and All ..., Volume 2

Bruce Wyman - Public utilities - 1911 - 854 pages
...statutes regulating railroad rates. In the course of this opinion Mr. Justice Harlan said: "We hold that the basis of all calculations as to the reasonableness of rates to be charged by a corporation mamtaining a highway under legislative sanction must be the fair value of the property being used by...
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Source Book in Economics: Selected and Ed. for the Use of College Classes

Frank Albert Fetter - Economics - 1912 - 402 pages
...public." In support of this proposition the leading case of Smythe v. Ames (167 US, 446) is cited: We hold, however, that the basis of all calculations...being used by it for the convenience of the public. Again, in Wilcox v. Consolidated Gas Co. (212 US, 19): It is no longer open to dispute that under the...
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Source Book in Economics: Selected and Ed. for the Use of College Classes

Frank Albert Fetter - Economics - 1912 - 402 pages
...public." In support of this proposition the leading case of Smythe v. Ames (167 US, 446) is cited: We hold, however, that the basis of all calculations...being used by it for the convenience of the public. Again, in Wilcox v. Consolidated Gas Co. (212 US, 19): It is no longer open to dispute that under the...
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