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- Buses (1)
- Clark's Ferry Bridge Co. v. Public Service Commission of Pennsylvania (1)
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- Fair return (1)
- Home rule charters (1)
- Illinois (1)
- Indiana (1)
- Municipal unit doctrine (1)
- Nebraska (1)
- Omaha & Council Bluffs Street Ry. v. Omaha (1)
- Pennsylvania Public Service Commission (1)
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- Rate structures (1)
- Toll bridges (1)
- Valuation (1)
- Wabash Valley Electric Co. v. Young (1)
Articles 1 - 3 of 3
Full-Text Articles in Energy and Utilities Law
Public Utilities-Street Railway Regulation By State Commission In Home Rule City-Permission To Withdraw From Service
Michigan Law Review
A street railway company, located in a city with a home rule charter adopted in accordance with the state constitution, petitioned the state railway commission and was granted authority to curtail its transportation by buses. The company had been in bad financial condition during recent years; the number of passengers carried had been substantially decreasing, and the company was not able to pay full interest on bonded debt. Upon the insistence of the city, the company had put bus lines in operation several years earlier and these had continually been operating at a deficit. Upon appeal, the court held that …
Public Utilities-Rate Base-Allowance For Depreciation
Public Utilities-Rate Base-Allowance For Depreciation
Michigan Law Review
Plaintiff toll bridge company appealed from an order of the Pennsylvania Public Service Commission which set a value for rate-making purposes on their bridge property, constructed in 1924-25, identical to the original valuation order of 1926, for the rate-base as of February 2, 1932. The order allowed a depreciation deduction annually which, with 4 per cent simple interest, would amount to enough to replace the bridge at the end of its estimated period of usefulness. The company claimed the order was confiscatory, as based solely on original cost, without taking into account current cost of reproduction; and that interest should …
The Municipality As A Unit In Ratemaking And Confiscation Cases, Robert D. Armstrong
The Municipality As A Unit In Ratemaking And Confiscation Cases, Robert D. Armstrong
Michigan Law Review
The recent decision of the Supreme Court of the United States in the so-called Martinsville case has been interpreted by some critics as laying down a "municipal unit doctrine" of rate making, denying to a system utility the right to earn from its entire operations a fair return on the value of its entire property, and substituting therefor a "bundle of rights" to earn in each "municipality" served a fair return on the value of the property used and useful therefor.