Social Science Quarterly, Volume 3University of Texas Press, 1923 - Political science Includes section "Book reviews." |
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Page 3
What is the value upon which a utility has any inherent right under the
constitution to earn a fair return ? Is it the original cost of construction and
acquirement — the actual investment in dollars — or is it the market value of the
property at the ...
What is the value upon which a utility has any inherent right under the
constitution to earn a fair return ? Is it the original cost of construction and
acquirement — the actual investment in dollars — or is it the market value of the
property at the ...
Page 4
But is it not apparent that there is no such thing as a legal valuation and that our
courts have been , as one writer said , 5 " on a twenty - year search for a fact that
does not exist ” merely because they had presupposed a constitutional theory ...
But is it not apparent that there is no such thing as a legal valuation and that our
courts have been , as one writer said , 5 " on a twenty - year search for a fact that
does not exist ” merely because they had presupposed a constitutional theory ...
Page 6
Court has laid down as a matter of law , as a necessary part of any decision , the
rule that either original investment or reproduction cost were necessarily the
constitutional basis of valuation . It is true that in Smyth v . Ames the court does
lay ...
Court has laid down as a matter of law , as a necessary part of any decision , the
rule that either original investment or reproduction cost were necessarily the
constitutional basis of valuation . It is true that in Smyth v . Ames the court does
lay ...
Page 10
He says : In exerting the rate making power the rates cannot be made so low as
to be confiscatory without violating the Constitution — that from the act of fixing
railroad rates by law there resulted the duty to provide an opportunity for testing ...
He says : In exerting the rate making power the rates cannot be made so low as
to be confiscatory without violating the Constitution — that from the act of fixing
railroad rates by law there resulted the duty to provide an opportunity for testing ...
Page 11
The Constitution endows the Commission with the powers of a court to enforce its
orders by such proceedings . By boldly violating an order a party against whom it
was directed may provoke a complaint and if the complaint results in a citation ...
The Constitution endows the Commission with the powers of a court to enforce its
orders by such proceedings . By boldly violating an order a party against whom it
was directed may provoke a complaint and if the complaint results in a citation ...
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