The Pennsylvania Corporation Reporter, Volume 5Pennsylvania Corporation Reporter., 1918 |
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alleged amount appears appellant application Bald Eagle bonds Borough capital stock carrier cars cents certificate of public charge charter City Commis Commonwealth of Pennsylvania complainant COMPLAINT DOCKET contract corporation cost of construction County Court D. B. AINEY depreciation determined dividends duly heard Eagle Junction electric engineers evidence expenses fair value franchise furnish gallons grade crossing Greensburg heard and submitted hereof highway investment Lehigh Valley Railroad lines Lock Haven Mahanoy City matter meter municipality operation opinion original cost paid pany paragraph to contain passengers Pennsylvania Railroad Pennsylvania Railroad Company petition petitioner Philadelphia Pittsburgh plant Public Service Commission Public Service Company Railroad Company Railway Company rates reasonable Report and Order reproduction cost reservoir respondent's road rule schedule Section Service Company Law sion spondent station Stowe Township street tariff Telephone Company testimony thereon tion Township tracks Unity Township unreasonable Westmoreland Water Company
Popular passages
Page 426 - That there is an element of value in an assembled and established plant, doing business and earning money, over one not thus advanced, is self-evident. This element of value is a property right, and should be considered in determining the value of the property, upon which the owner has a right to make a fair return when the same is privately owned although dedicated to public use.
Page 122 - The ascertainment of that value is not controlled by artificial rules. It is not a matter of formulas, but there must be a reasonable judgment, having its basis in a proper consideration of all relevant facts.
Page 419 - ... 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. The property is held in private ownership and it is that property, and not the original cost of it, of which the owner may not be deprived without due process of law.
Page 275 - An action may be brought by the attorney general in the name of the people of this State, upon his own information, or upon the complaint of any private party, against the parties offending in the following cases : 1. When any person shall usurp, intrude into, or unlawfully hold or exercise any public office...
Page 418 - 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 546 - Commission may, in its discretion and for good cause shown, allow changes upon less than the notice herein specified, or modify the requirements of this section in respect to publishing, posting, and filing of tariffs, either in particular instances or by a general order applicable to special or peculiar circumstances or conditions.
Page 427 - The difference between a dead plant and a live one is a real value, and is independent of any franchise to go on, or any mere good will as between such a plant and its customers.
Page 248 - An Act to provide for the incorporation and regulation of certain corporations" approved April twentyninth, one thousand eight hundred and seventy-four, and the supplements thereto; for the insurance, of owners of real estate, mortgages, and others interested in real estate, from loss by reason of defective titles, liens and encumbrances...
Page 375 - The inquiry of a board of the character of the Interstate Commerce Commission should not be too narrowly constrained by technical rules as to the admissibility of proof. Its function is largely one of investigation and it should not be hampered in making inquiry pertaining to interstate commerce by those narrow rules which prevail in trials at common law where a strict correspondence is required between allegation and proof.
Page 418 - It is clear that in ascertaining the present value we are not limited to the consideration of the amount of the actual investment. If that has been reckless 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 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.