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" Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs but for making good the depreciation and replacing the parts of the property when the}- come to the end of... "
Public Documents of the State of North Dakota: Being the Annual and Biennial ... - Page 976
by North Dakota - 1924
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Appendix to Journals of Senate and Assembly ..., Volume 2; Volume 30, Part 2

Nevada. Legislature - 1921 - 1644 pages
...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 not only for current repairs bnt for making good the depreciation and replacing the parts of the property when they should come...
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Decisions, Volume 19

California Public Utilities Commission - 1921 - 1050 pages
...applicant as well as to the traveling public. The company is entitled to earn a sufficient sum annually, not only for current repairs but for making good the depreciation and replacing the property, so that at the end of a given period the original investment can be replaced out of the depreciation...
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Public Utilities Reports

1922 - 1010 pages
...responsible? The Knoxville decision, previously referred to, places the responsibility on the company, thus: "A water plant, with all its additions, begins to...depreciation and replacing the parts of the property bound to see its property gradually waste, without making provision out of earnings for its replacement....
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Annual Report - Federal Power Commission

United States. Federal Power Commission - 1922 - 332 pages
...* * * " On pages 13 and 14 the following occurs : " 'A water plant, with all its additions, be9ins to depreciate in value from the moment of its use....annually to provide not only for current repairs but for makin9 9ood the depreciation and replacin9 the parts of the property when they come to the end of their...
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Public Utilities Reports, Volume 4

Henry Clifford Spurr, Ellsworth Nichols - 1922 - 1016 pages
...responsible? The Knoxville decision, previously referred to, places the responsibility on the company, thus: "A water plant, with all its additions, begins to...all the company is entitled to earn a sufficient sum r.nnually to provide not only for current repairs but for making good the depreciation and replacing...
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Journal of Accountancy, Volume 33

1922 - 500 pages
...authors overlooked the fact that in the same sentence the court remarked (also synonymously) that — "Before coming to the question of profit at all the...current repairs but for making good the depreciation . . ." If this does not mean the depreciation which is accruing annually we confess our inability to...
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Depreciation of Public Utility Properties and Its Relation to Fair Value and ...

Henry Earle Riggs - 1922 - 232 pages
...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, the company...
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The Business of Oil Production

Roswell H. JOhnson, L.G. Huntley, and R.E. Somers - 1922 - 282 pages
...in the Knoxville Case,1 which has been looked upon as the leading case of this kind, states that: " Before coming to the question of profit at all, the...a sufficient sum annually to provide, not only for the current repairs, but for making good the depreciation and replacing the parts of the property when...
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The Business of Oil Production

Roswell Hill Johnson, Louis Grow Huntley, Ransom Evarts Somers - 1922 - 284 pages
...in the Knoxville Case,1 which has been looked upon as the leading case of this kind, states that: " Before coming to the question of profit at all, the...a sufficient sum annually to provide, not only for the current repairs, but for making good the depreciation and replacing the parts of the property when...
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Water Works Practice

American Water Works Association - 1925 - 828 pages
...by US Supreme Court in 1S09. In the Knoxville decision (212 US 1, January 4, 1909) the covrt held: A water plant with all its additions begins to depreciate...provide not only for current repairs, but for making Rood the depreciation and replacing the parts of the property when they come to the end of their life....
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