Annual Report of the Railroad Commissioners of the State of South Dakota for the Year Ending ...Dakota Huronite Print. House, 1899 - Public utilities |
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Common terms and phrases
alleged amount Attorney average Board of Railroad Burlington cars Cedar Rapids Chapter 173 charge Chicago & Northwestern citizens of Farmer city of Redfield Clear Lake coal Commis Commissioners of South complaint was filed constructed cost court Dakota lines day of August day of June depot duly Earling's estimate earnings Elevator Company Elk Point evidence facts Forestburg freight and passenger H. W. SAWYER Harrisburg haul hereby Hillsview interest June 30 matter was taken mileage Milwaukee & St Minneapolis & Omaha Minnehaha county Mitchell Northern Railway Company Northwestern Railway Company operating expenses pany Pattersonville Paul Railway Company petition petitioners railroad commission Railroad Commissioners railroad company Rapids & Northern rates and fares reduced relayer Repairs revenue road round numbers Secretary side track Sioux City Sioux Falls South Dakota Spink county station agent testimony traffic train mile W. H. TOMPKINS W. T. LAFOLLETTE warehouse waukee Woonsocket
Popular passages
Page 28 - 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.
Page 27 - And in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses, are all matters for consideration...
Page 26 - If a railroad corporation has bonded its property for an amount that exceeds its fair value, or if its capitalization is largely fictitious, it may not impose upon the public the burden of such increased rates as may be required for the purpose of realizing profits upon such excessive valuation or fictitious capitalization...
Page 27 - The corporation may not be required to use its property for the benefit of the public without receiving just compensation for the services rendered by it.
Page 27 - 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.
Page 85 - I hereby certify that the above and foregoing is a true and correct copy...
Page 25 - ... of its property without due process of law and deny to it the equal protection of the laws, and would therefore be repugnant to the Fourteenth Amendment of the Constitution of the United States.
Page 77 - Such corporations connecting by intersection as aforesaid, shall also, whenever ordered by the railroad commission so unite and connect the tracks of said several corporations as to permit the transfer from the track of one corporation to the other of loaded or unloaded cars designed for transportation upon both roads.
Page 24 - Each case must depend upon its special facts ; and when a court, without assuming itself to prescribe rates, is required to determine whether the rates prescribed by the legislature for a corporation controlling a public highway are, as an entirety, so unjust as to destroy the value of its property for all the purposes for which it was acquired, its duty is to take into consideration the interests both of the public and of the owner of the property, together with all other circumstances that are...
Page 73 - Chicago, Milwaukee & St. Paul Railway Company and the Chicago & Northwestern Railway Company...