...the decisions of the court. In the Minnesota Kate Case, the Supreme Court of the United States says: It is clear that in ascertaining the present value...community does not underwrite. As the company may not he protected in its actual investment, if the value of its property be plainly less, so the making...

...including the highest use for which the land is available, adapted and needed. (9) The Court continues— "It is clear that in ascertaining the present value we are not limited to a consideration of the amount of the actual investment. If that has been reckless or improvident, losses...

...included in the value of the property. But the court used this language in reply to these arguments : It is clear that in ascertaining the present value...consideration of the amount of the actual investment. As the company may not be protected in its actual investment if the value of his property be plainly...

...Justice Hughes writing the decision, it was held: "It is clear that in ascertaining the present mine we are not limited to the consideration of the amount of the original investment. The property is held in private ownership, and it is that property, and not the...

...to be unconstitutional and void because they do not permit a return upon an increment so calculated? It is clear that in ascertaining the present value...protected in its actual investment, if the value of the property be plainly less, so the making of a just return for the use of the property Involves the...

...a railway is not entitled to the "unearned increment" in land value. The court says on this point : It is clear that in ascertaining the present value...not limited to the consideration of the amount of actual investment. . . . The property (land) is held in private ownership and it is that property and...

...be unconstitutional and void because they do not permit a return upon an increment so calculated ? It is clear that in ascertaining the present value...not limited to the consideration of the amount of the.actual investment. If that has been reckless or improvident, losses may be sustained which the...

...— Simpson v. Shepard (1913) 230 US 352, 454, 33 Sup. Ct. 729, 762, 57 L. ed. 1511, the court says, "It is clear that in ascertaining the present value...protected in its actual investment, if the value of the property be plainly less, so the making of a just return for the use of the property involves the...

...increased value unjust to the public. The Supreme Court in the so-called Minnesota Rate cases said: It is clear that in ascertaining the present value...improvident, losses may be sustained which the community should not underwrite. As the company may not be protected in its actual investment if the fair value...

...Determined by Original Cost. — It is clear that in ascertaining the present value the investigation is not limited to the consideration of the amount of...sustained which the community does not underwrite. As tbe company may not be protected in its actual investment, if the value of its property be plainly...