 Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs but for making good the depreciation and replacing the parts of the property when they come to the end of...  San Francisco Municipal Reports ... - Seite 1336von San Francisco (Calif.) - 1910Vollansicht - Über dieses Buch
 | United States. Interstate Commerce Commission - 1933 - 1174 Seiten
...values have advanced, the allowance is not sufficient to maintain the level of efficiency. The ntility " is entitled to see that from earnings the value of...original investment remains as it was at the beginning." Knoxville v. Knoxvitte Water Co., 212 US 1, 13-14. This naturally calls for expenditures equal to the... | |
 | United States. Supreme Court - 1909 - 740 Seiten
...the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...term of years, the original investment remains as it was^i at the'beginning. It is not only the right I* of the company to make such a provision, but it... | |
 | Virginia. State Corporation Commission - 1910 - 1420 Seiten
...the property may be kept unimpaired. The Supreme Court of the United States has recently said, "The Company is not bound to see its property gradually waste, without making pro' vision out of the earnings for its replacement. It is entitled to see that from earnings 'the... | |
 | California. Supreme Court - 1911 - 972 Seiten
...depreciation which must occur in much of the property used in such a service. The court said : 'The company is not bound to see its property gradually...original investment remains as it was at the beginning.' This is in line with what was said by Chief Justice Beatty in San Diego Water Company v. San Diego,... | |
 | United States. Interstate Commerce Commission - 1911 - 1140 Seiten
...the depreciation aud replacing the parts of the property when they come to the end of their life. The company Is not bound to see Its property gradually...original investment remains as It was at the beginning. Thus we see that again investments are used interchangeably with values. There also is cited Railway... | |
 | Abraham Clark Freeman - 1911 - 1256 Seiten
...can no longer be used. "It is entitled to see that from its earnings the value of *45 the property is kept unimpaired, so that at the end of any given term of years the original investment shall remain as it was at the beginning. It is not only the right of the company to make such provision,... | |
 | Samuel Charles Wiel - 1911 - 1112 Seiten
...elsewhere in the same case: "The company is not bound to see its property gradually waste, without niakirj provision out of earnings for its replacement. It is entitled to see tlat from earnings the value of the property invested is kept unimpaired, so that, nt the end of any... | |
 | Robert Harvey Whitten - 1912 - 886 Seiten
...depreciation and replacing the parts of the property when they come to the e-TtA of their life. The company is not bound to see its property gradually...given term of years the original investment remains* a- s '* was at the beginning. It is not only the right of the company to make such a provision, but... | |
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