Decisions of the Railroad Commission of the State of California, Volumen5Superintendent of State Printing., 1914 |
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Página 4
... interest paid during the previous fiscal year was eleven thousand two hundred fifty ( 11,250 ) dollars , and the rate was 5 per cent per annum . ( h ) No dividends have been paid on the capital stock of said corporation during the five ...
... interest paid during the previous fiscal year was eleven thousand two hundred fifty ( 11,250 ) dollars , and the rate was 5 per cent per annum . ( h ) No dividends have been paid on the capital stock of said corporation during the five ...
Página 32
... interest . As I shall hereafter show , however , under the pro- visions of section 49 of the Public Utilities Act , the income from invest- ment of moneys in depreciation funds of public utilities in this state must be carried in these ...
... interest . As I shall hereafter show , however , under the pro- visions of section 49 of the Public Utilities Act , the income from invest- ment of moneys in depreciation funds of public utilities in this state must be carried in these ...
Página 40
... interest earned by moneys in the depreciation fund can not be used for the payment of dividends or for meeting operating expenses . This fund , together with the interest on all moneys invested therein , is a trust fund set aside for ...
... interest earned by moneys in the depreciation fund can not be used for the payment of dividends or for meeting operating expenses . This fund , together with the interest on all moneys invested therein , is a trust fund set aside for ...
Página 48
... Interest during year 1913__ Brought forward from year 1912 . $ 10,096 02 24,804 60 Segregated to completed ... Interest during construction ... --- $ 181.786 53 30,076 12 $ 211,862 65 It should be noted that the foregoing expenditure ...
... Interest during year 1913__ Brought forward from year 1912 . $ 10,096 02 24,804 60 Segregated to completed ... Interest during construction ... --- $ 181.786 53 30,076 12 $ 211,862 65 It should be noted that the foregoing expenditure ...
Página 52
... interest at the rate of 6 per cent per annum on one half the construction time as to each different class of construction . While such an allowance might be correct on the theory followed by J. G. White & Company , it is entirely at ...
... interest at the rate of 6 per cent per annum on one half the construction time as to each different class of construction . While such an allowance might be correct on the theory followed by J. G. White & Company , it is entirely at ...
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Términos y frases comunes
additions and betterments amount applicant applicant's approved and ordered authority to issue bonds California Development Company capital stock carrier cars charge Commissioner company's complainant construction consumers corporation cost County crossing cubic feet Dated at San DECISION defendant demurrage depreciation Electric Company estimated face value foregoing opinion form of order franchise freight Gas and Electric Gas Company granted hereby approved hereby ordered heretofore horsepower irrigation kilowatt hour land Light and Power Manor Water meter miner's inch month mortgage Northwestern Pacific Railroad operating expenses opinion and order order are hereby order authorizing ordered filed Pacific Electric Railway Pacific Gas pany par value payment pipe line plant Power Company present promissory notes proposed Public Utilities Act purposes Railroad Commission Railway Company rates reasonable REPORT revenue rules San Francisco shares shippers Southern California Edison Southern Pacific Company street supplemental order Telephone thereof tion track Water Company
Pasajes populares
Página 26 - What the company is entitled to ask is a fair return upon the value of that which it employs for the public convenience. On the other hand, what the public is entitled to demand is that no more be exacted from it for the use of a public highway than the services rendered by it are reasonably worth.
Página 171 - Looking, then, to the common law, from whence came the right which the Constitution protects, we find that when private property is "affected with a public interest, it ceases to be juris privati only.
Página 27 - 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.
Página 171 - Property does become clothed with a public interest when used in a manner to make it of public consequence, and affect the community at large. When, therefore, one devotes his property to a use in which the public has an interest, he, in effect, grants to the public an interest in that use, and must submit to be controlled by the public for the common good, to the extent of the interest he has thus created.
Página 171 - When, therefore, one devotes his property to a use in which the public has an interest, he, in effect, grants to the public an interest in that use, and must submit to be controlled by the public for the common good, to the extent of the interest he has thus created. He may withdraw his grant by discontinuing the use; but, so long as he maintains the use, he must submit to the control.
Página 39 - 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 their life. The company is not bound to see its property gradually waste, without making provision out of earnings for its replacement. It is entitled to see that from earnings the value of the property invested is kept unimpaired, so that at the end...
Página 149 - No person shall be appointed a proxy who is not a member, and the instrument appointing him shall be deposited at the registered office of the Company not less than forty-eight hours before the time of holding the meeting at which he proposes to vote. (24). Any instrument appointing a proxy shall be in the following form : — Company Limited. I of in the county of being a member...
Página 29 - The company would certainly have no ground of complaint if it were allowed a value for these lands equal to the fair average market value of similar land in the vicinity, without additions by the use of multipliers, or otherwise, to cover hypothetical outlays.
Página 28 - ... and we concur with the court below in holding that the value of the property is to be determined as of the time when the inquiry is made regarding the rates.
Página 27 - The cost of reproduction is one way of ascertaining the present value of a plant like that of a water company, but that test would lead to obviously incorrect results, if the cost of reproduction is not diminished by the depreciation which has come from age and use.