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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... "
The New York Supplement - Side 763
1918
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San Francisco Municipal Reports ...

San Francisco (Calif.) - 1910 - 1586 sider
...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...is not only the right of the company to make such provision, but it is its duty to its bond and stockholders, and. in the ease of a public service corporation...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volum 190

United States. Interstate Commerce Commission - 1933 - 1174 sider
...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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Midland Municipalities: Official Publication League of Iowa ..., Volumer 17-21

1909 - 1234 sider
...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...right of the company to make such a provision, but is its duty to its bond and stockholders, and, in the case of a public service corporation at least,...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volum 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 702 sider
...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...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 ..., Volum 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 704 sider
...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...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, Volum 29

United States. Supreme Court - 1909 - 740 sider
...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...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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Annual Report of the State Corporation Commission of Virginia, Volum 7,Del 1909

Virginia. State Corporation Commission - 1910 - 1420 sider
...see its property gradually waste, without making pro' vision out of the earnings for its replacement. It is entitled to see that from earnings 'the value...such a provision, but it is its duty to its bond and •stockholders, and in case of a public service corporation, at least, its plain duty to the •public....
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Higher Accountancy, Principles and Practice, Volum 1

William Arthur Chase - 1911 - 572 sider
...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...such a provision, but it is its duty to its bond and stockholders, and, in the case of a public service corporation at least, its plain duty to the public....
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Journal of Accountancy, Volum 12

1911 - 662 sider
...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 company to make such a provision, but it is the duty to its bond and stockholders, and, in the case of a public service corporation at least, its...
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Reports of Cases Determined in the Supreme Court of the State of ..., Volum 159

California. Supreme Court - 1911 - 972 sider
...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...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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