 | Illinois. Supreme Court - Law reports, digests, etc - 1911 - 726 pages
...the grounds upon which they should be fixed, in Smyth v. Ames, 169 US 466, the court said (p. 546) : "We hold, however, that the basis of all calculations...must be the fair value of the property being used for the convenience of the public, and in order to ascertain that value, the original cost of construction,... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1920 - 694 pages
...rate-making purposes is the cost of reproduction new, less depreciation. This contention cannot be sustained. The basis of all calculations as to the reasonableness...rates to be charged by a corporation maintaining a public utility under legislative sanction must be the fair value of the property being used by it for... | |
 | Law reports, digests, etc - 1903 - 1112 pages
...the former decision : "The basis of all calculation as to the reasonableness of rates to be charged a corporation maintaining a highway under 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... | |
 | Law reports, digests, etc - 1899 - 986 pages
...constitutional authority, and practically deprived the owner of property without due process of law. * » * The utmost that any corporation operating a public...maintaining a highway under legislative sanction must be tf the fair value of the property being used by •f it for the convenience of the public. And, •'in... | |
 | Law reports, digests, etc - 1922 - 1206 pages
...prescribed in Smyth v. Ames, 169 US loc. cit. 546, 18 Sup. Ct 434, 42 L. Ed. 819, in which it was said: "We hold, however, that the basis of all calculations...the property being used by it for the convenience of tlie public. And in order to ascertain that value, the original cost of construction, the amount expended... | |
 | United States. Interstate Commerce Commission - Interstate commerce - 1966 - 1116 pages
...determined. In Smyth v. /lmes,53 the Supreme Court of the United States held; 53169 US 466. We hold that the basis of all calculations as to the reasonableness...under legislative sanction must be the fair value of property being used by It for the convenience of the public *** what the company Is entitled to ask... | |
 | Detroit (Mich.). City Council - 1899 - 1216 pages
...reasonable. It has been held that the basis of all calculations In this regard as to reasonable rates Is the fair value of the property being used by it for the convenience of the public. In order to ascertain that value th? original cost of construction, the amount expended in permanent... | |
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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. 
