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" 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 of any given... "
Water Works Practice - Page 523
by American Water Works Association - 1925 - 790 pages
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The Northwestern Reporter, Volume 298

1941 - 1100 pages
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 190

United States. Interstate Commerce Commission - 1933 - 1174 pages
...values have advanced, the allowance is not sufficient to maintain the level of efficiency. The ntility " is entitled to see that from earnings the value of...original investment remains as it was at the beginning." Knoxville v. Knoxvitte Water Co., 212 US 1, 13-14. This naturally calls for expenditures equal to the...
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Annual Report of the Board of Railroad Commissioners

South Dakota. Public Utilities Commission - 1919 - 352 pages
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 702 pages
...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....years the original investment remains as it was at the Opinion of the Court. 212 US beginning. It is not only the right of the company to make such a provision,...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 704 pages
...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....years the original investment remains as it was at the Opinion of the Court. 212 US beginning. It is not only the right of the company to make such a provision,...
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Supreme Court Reporter, Volume 29

United States. Supreme Court - 1909 - 740 pages
...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....term of years, the original investment remains as it was^i at the'beginning. It is not only the right I* of the company to make such a provision, but it...
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Reports of Cases Determined in the Supreme Court of the State of ..., Volume 159

California. Supreme Court - 1911 - 972 pages
...in such a service. The court said : 'The company is not bound to see its property gradually waste, without making provision out of earnings for its replacement....original investment remains as it was at the beginning.' This is in line with what was said by Chief Justice Beatty in San Diego Water Company v. San Diego,...
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United States Congressional Serial Set

United States. Interstate Commerce Commission - 1911 - 1140 pages
...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....original investment remains as It was at the beginning. Thus we see that again investments are used interchangeably with values. There also is cited Railway...
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The American State Reports: Containing the Cases of General ..., Volume 138

Abraham Clark Freeman - 1911 - 1256 pages
...can no longer be used. "It is entitled to see that from its earnings the value of *45 the property is kept unimpaired, so that at the end of any given term of years the original investment shall remain as it was at the beginning. It is not only the right of the company to make such provision,...
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