...its use, and that before coming to the question of profit at all, the company was entitled to e&rn a sufficient sum annually to provide not only for...and replacing the parts of the property when they should come to the end of their life, the court proceeded to say (p. 14): "If, however, a company fails...

...to keep its plant good. The United States Supreme Court in the Knoxville Water Company case said : " Before coming to the question of profit at all the...a sufficient sum annually to provide not only for currrent repairs but for making good the depreciation and replacing the parts of the property when...

...it is clear that some substantial allowance for depreciation ought to have been made in this case." "A water plant, with all its additions, begins to depreciate in value from the moment of its use. * * * the company is entitled to earn a sufficient sum annually to provide not only for current repairs,...

...mandatory provision is a wholesome and a wise one. DEPRECIATION. In determining a just and reasonable rate before coming to the question of profit at all, the company is entitled to earn a sufficient amount to provide not only for current repairs, but for making good the depreciation and replacing...

...mandatory provision is a wholesome and a wise one. DEPRECIATION. In determining a just and reasonable rate before coming to the question of profit at all, the company is entitled to earn a sufficient amount to provide not only for current repairs, but for making good the depreciation and replacing...

...Sup. Ct. Rep. 149, the United States Supreme Court, considering the question of depreciation, said : "A water plant, with all its additions, begins to...all, the company is entitled to earn a sufficient stim annually to provide not only for current repairs, but for making good the depreciation and replacing...

...from the moment of its use, and that before coming to the question of profit at all, the company was entitled to earn a sufficient sum annually to provide...and replacing the parts of the property when they should come to the end of their life, the court proceeded to say (p. 14): "If, however, a company fails...

...in the Knoxville Water Case, 212 US 1, 53 L. ed. 371, 29 Sup. Ct. Rep. 148, Mr. Justice Moody said: "Before coming to the question of profit at all, the...annually to provide not only for current repairs, but for mating good the depreciation and replacing the parts of the property when they come to the end of their...

...decisions of the United States Courts bearing upon this subject, shown by the following quotations: — "A water plant, with all its additions, begins to...value from the moment of its use. Before coming to the question,of profit at all the company is entitled to earn a sufficient sum annually to provide not...

...value of the surviving parts. The court refused to approve this method, and we think properly refused. A water plant, with all its additions, begins to depreciate in value from the moment of its use." (212 US 1.) The court in the Knoxville Case discussed depreciation in its relation both to valuation...