 | San Francisco (Calif.) - 1910 - 1586 pages
...Court Reporter, 148. (Decision rendered January 9. 1909.) Very Positive in Matter of Depreciation. "The cost of reproduction is not always a fair measure of the present value of a plant which his been in use for many years. The items composing the plant depreciate in value from year to year... | |
 | United States. Interstate Commerce Commission - 1927 - 1008 pages
...reproduction is not diminished by the depreciation which has come from age and use. • • • " • » • The items composing the plant depreciate In value...degree. Some pieces of property, like real estate, tor Instance, depreciate not at all, and sometimes, on the other hand, appreciate In value. But the... | |
 | California. Supreme Court - 1911 - 972 pages
...the cost of reproduction is not diminished by the depreciation which has come from age and use. . . . The cost of reproduction is not always a fair measure...appreciate in value. But the reservoirs, the mains, the service-pipes, structures upon real estate, standpipes, pumps, boilers, meters, tools and appliances... | |
 | Robert Harvey Whitten - 1912 - 850 pages
...based upon the theory of depreciation, but upon a difference of opinion as to the reproduction cost. The cost of reproduction is not always a fair measure...appreciate in value. But the reservoirs, the mains, the surface pipes, structures upon real estate, stand pipes, pumps, boilers, meters, tools and appliances... | |
 | Leonard Francis Boon - 1912 - 200 pages
...cost of reproduction is not diminished by the depreciation which has come from age and use." Again "The cost of reproduction is not always a fair measure of the presentvalue of a plant which has been in use for many years. The items composing the plant depreciate... | |
 | Henry Clifford Spurr, Ellsworth Nichols - 1920 - 1228 pages
...theory of depreciation, but upon a difference of opinion as to the reproduction cost. The cost ot' reproduction is not. always a fair measure of the...use for many years. The items composing the plant depreciatein value from year to year in a varying degree. Some pieces of property like mil estate for... | |
 | Hubert Bruce Fuller - 1915 - 616 pages
...Knoxville v. Knoxville Water Co., 212 US 1, 53 L. Ed. 371, 29 Sup. Ct. 148. The court said:—"The cost of reproduction is not always a fair measure...the present value of a plant which has been in use fur many years. The items composing the plant depreciate in value from year to year in a varying degree.... | |
 | Illinois. Public Utilities Commission - 1916 - 220 pages
...cost of reproduction is not diminished by the depreciation which has come from age and use, * * *. "The cost of reproduction is not always a fair measure...depreciate in value from year to year in a varying degree. "It is not easy to fix at any given time the amount of depreciation of a plant whose component parts... | |
 | Illinois. Public Utilities Commission - 1916 - 804 pages
...cost of reproduction Is not diminished by the depreciation which has come from age and use, * * *. "The cost of reproduction is not always a fair measure...depreciate in value from year to year in a varying degree. * * * "It is not easy to fix at any given time the amount of depreciation of a plant whose component... | |
 | American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1916 - 1674 pages
...determined * * * by ascertaining what it would cost * * * to reproduce the existing plant as a new plant. The cost of reproduction is not always a fair measure...the plant depreciate in value from year to year in varying degree. • * * It is not easy to fix at any given time the amount of depreciation of a plant... | |
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The cost of reproduction is not always a fair measure of the present value of a plant which has been in use for many years. 
