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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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Commission Leaflets: Recent Commission Orders, Rulings and ..., Issues 31-34

American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - Telegraph - 1914 - 1566 pages
...recognized principles. CL 34] In Smyth v. Ames, 169 US 546, the Supreme Court of the United States said : " We hold, however, that the basis of all calculations...being used by it for the convenience of the public." In San Die-go Land and Town Company v. National City, 174 US 739, the same court said: " What the company...
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The Validity of Rate Regulations, State and Federal

Robert Patterson Reeder - Interstate commerce - 1914 - 468 pages
...condition of the law this portion of the opinion is misleading rather than helpful.34 The court said, "The basis of all calculations as to the reasonableness...legislative sanction must be the fair value of the property used by it for the convenience of the public. And in order to ascertain that value, the original cost...
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Illustrative Cases on Constitutional Law

James Parker Hall - Constitutional law - 1914 - 528 pages
...18 Sup. Ct. 433, 42 L. Ed. 819. In the same case it was also said that 'the basis of all calculation as to the reasonableness of rates to be charged by...legislative sanction must be the fair value of the property used by it for the convenience of the public. And, in order to ascertain that value, the original cost...
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Amendments to Sherman Antitrust Law and Related Matters

United States. Congress. Senate. Committee on the Judiciary - Antitrust law - 1914 - 1270 pages
...amendment. In further discussing the question in a general way, the court says, at pages 546-547 : We hold, however, that the basis of all calculations...of rates to be charged by a corporation maintaining n highway under legislative sanction muet be the fair value of the property being used by it for the...
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Proceedings of the Annual Convention of the American Railway ..., Volume 15

American Railway Engineering Association - Railroads - 1914 - 1636 pages
...Court of the United States handed down its decision in the Nebraska Rate Case, affirming the principle that "The basis of all calculations as to the reasonableness of rates must be the fair value of the property being used for the public convenience. What the company is entitled...
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The Brief: A Quarterly Magazine of the Law, Volume 13

Greek letter societies - 1914 - 370 pages
...than the services rendered by it are reasonably worth. In this decision the court lays down the rule : That the basis of all calculations as to the reasonableness of rates * * * must be the fair value of the property being used for the convenience of the public. But even...
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The Atlantic Monthly, Volume 113

American essays - 1914 - 884 pages
...Finally, in the Nebraska Rate Case in 1898, the Court laid down for the first time the great principle that ' the basis of all calculations as to the reasonableness of rates . . . must be the fair value of the property being used for the public convenience . . . What the company...
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Cyclopedia of American Government, Volume 3

United States - 1914 - 804 pages
...Supreme Court of the United States in 1898 (Smyth vs. Ames, 169 V. 8. 466) in which the Court declared that "the basis of all calculations as to the reasonableness of rates . . must be the fair value of the property being used by it for the convenience of the public." It...
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Railroad Rate Regulation: With Special Reference to the Powers of the ...

Joseph Henry Beale, Bruce Wyman - Interstate commerce - 1915 - 1418 pages
...discuss the basis upon which the necessary amount of compensation was to be reckoned, he continued: "We hold, however, that the basis of all calculations...being used by it for the convenience of the public." 89 87 See Southern Pacific Co. v. "Carrier's property devoted to Bartine, 170 Fed. 725. public use...
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Public Utilities Reports Annotated: Containing Decisions of the Public ...

Public service commissions - 1918 - 1216 pages
...not be required to use its property for the benefit of the public without receiving just compensation the basis of all calculations as to the reasonableness...being used by it for the convenience of the public. . . . What the company is entitled to ask is a fair return upon the value of that which it employs...
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