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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. "
Legislative Documents - 246. lappuse
autors: Iowa. General Assembly - 1900
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The Mother of Trusts: Railroads and Their Relation to "the Man with the Plow"

Jesse Hardesty - 1899 - 276 lapas
...The most alarming proposition announced by the court in Smith vs. Ames is in the following language: We hold, however, that the basis of all calculations...the fair value of the PROPERTY BEING USED BY IT FOR THE CONVENIENCE OF THE PUBLIC. And, in order to ascertain that value, the original cost of construction,...
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Municipal Monopolies: A Collection of Papers by American Economists and ...

Edward Webster Bemis - 1899 - 720 lapas
...general inquiry whether the rates established by law are unjust and unreasonable.' " We hold, therefore, that the basis of all calculations as to the reasonableness...the fair value of the property being used by it for the convenience of the public. And, in order to ascertain that value, the original cost of construction,...
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United States Reports: Cases Adjudged in the Supreme Court at ... and Rules ...

United States. Supreme Court - 1899 - 868 lapas
...US 544. In the same case it was also said that " the Opinion of the Court. 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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United States Reports: Cases Adjudged in the Supreme Court at ..., 174. sējums

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1899 - 868 lapas
...US 5J4. In the same case it was also said that " the Opinion of the -Court. 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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Annual Report of the Interstate Commerce Commission

United States. Interstate Commerce Commission - 1899 - 286 lapas
...considered in determining whether the legislature has exceeded its constitutional authority. It was held, however, that the basis of all calculations as- to the reasonableness of railway rates must be the fair value of the property being used for the convenience of the public;...
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A Treatise on State and Federal Control of Persons and Property ..., 1. sējums

Christopher Gustavus Tiedeman - 1900 - 642 lapas
...the circumstances, is such compensation for the use of its property as will be just, both to itself and to the public." "We hold, however, that the basis...the fair value of the property being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction,...
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Cases on the General Principles of the Law of Private Corporations, 2. sējums

Horace La Fayette Wilgus - 1902 - 1056 lapas
...operating a public highway can rightfully demand at the hands of the legislature, when exerting its general powers, is that it receive what, under all...the fair value of the property being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction,...
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United States Reports: Cases Adjudged in the Supreme Court at ..., 183. sējums

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1902 - 762 lapas
...question of rates and the power of the legislature in respect thereto, it was said (pp. 546, 547) : " We hold, however, that the basis of all calculations...the fair value of the property being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction,...
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United States Supreme Court Reports, 46. sējums

United States. Supreme Court - 1902 - 1264 lapas
...the legislature in respect thereto, it waa said (pp. 546, 547, L. ed. p. 849, Sup. Ct. Rep. p. 434) : "We hold, however, that the basis of all calculations...the fair value of the property being used by it for the convenience of the public. And in order to ascertain that value, the original cost of construction,...
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Harvard Law Review, 15. sējums

1902 - 938 lapas
...reasonableness of a State rate. Mr. Justice Harlan, speaking for the Court, says : — " We hold . . . that the basis of all calculations as to the reasonableness...the fair value of the property being used by it for the convenience of the public." And in San Diego Co. v. National City,6 Mr. Justice Harlan, speaking...
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