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" If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the investment unimpaired, whether this is the result of unwarranted dividends upon over-issues of securities, or of omission to exact proper prices for the... "
Public Documents of the State of North Dakota: Being the Annual and Biennial ... - Page 976
by North Dakota - 1924
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Public Utility Rate Fixing: Comments on Current Problems Pertaining to ...

C. E. Grunsky - 1918 - 194 pages
...this is the result of unwarranted dividends upon over issues of securities, or of omission to evxact proper prices for the output, the fault is its own....employed for the purpose of earning a return cannot be , enhanced by a consideration of the errors of management which have been committed in the past."...
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Commission Leaflets: Recent Commission Orders, Rulings and ..., Issues 67-72

American Telephone and Telegraph Company. Bureau of Commission Research. Legal Dept - 1918 - 1690 pages
...this is the result of unwarranted dividends upon over-issues of securities, or of omission to exfK-t proper prices for the output, the fault is its own....employed for the purpose of earning a return cannot be enhanced by a consideration of the errors in management which have been committed in the past."...
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Valuation and Rate-making: The Conflicting Theories of the Wisconsin ...

Robert Lee Hale - 1918 - 174 pages
...the investment unimpaired, whether this is the result of unwarranted dividends upon over-issues of securities, or of omission to exact proper prices for the output, the fault is its own. . . . »6 WRCR 606, 608, April 21, IQM. 1 Cf. the discussion in the case of In re Invest. Ashland Water...
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Valuation and Rate-making; the Confliciting Theories of the Wisconsin ...

Robert Lee Hale - 1918 - 168 pages
...the investment unimpaired, whether this is the result of unwarranted dividends upon over-issues of securities, or of omission to exact proper prices for the output, the fault is its own. . . . •6 WRCR 606, 608, April 21, 1911. 1 Cf. the discussion in the case of In re Invest. Ashland...
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Cyclopedia of the Law of Private Corporations, Volume 7

William Meade Fletcher - 1919 - 1316 pages
...question of fact to be determined in the light of the evidence in each particular case.70 "No given per proper prices for the output, the fault is its own....employed for the purpose of earning a return cannot be enhanced by a consideration of the errors in management which have been committed in the past."...
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Cases on Public Service Companies, Public Carriers, Public Works, and Other ...

Bruce Wyman - 1920 - 638 pages
...the investment unimpaired, whether this is the result of unwarranted dividends upon over-issues of securities, or of omission to exact proper prices...employed for the purpose of earning a return cannot be enhanced by a consideration of the errors in management which have been committed in the past.1...
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Public Utilities Reports

Henry Clifford Spurr, Ellsworth Nichols - 1920 - 1192 pages
...keep the investment unimpaired, whether this is the result of unwarranted dividends upon overissues of securities, or of omission to exact proper prices...employed for the purpose of earning a return cannot be enhanced by a consideration of the errors in management which have been committed in the past."...
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Fair Value: The Meaning and Application of the Term "fair Valuation" as Used ...

Harleigh Holroyd Hartman - 1920 - 300 pages
...the investment unimpaired, whether this is the result of unwarranted dividends upon over-issues of securities, or of omission to exact proper prices...employed for the purpose of earning a return cannot be enhanced by a consideration of the errors in management which have been committed in the past. A...
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Reports of Cases and Proceedings

Montana. Board of Railroad Commissioners - 1920 - 476 pages
...unwarranted dividends upon over issues of securities, or of omission to exact proper prices for its output, the fault is its own. When, therefore, a public...employed for the purpose of earning a return cannot be enhanced by a consideration of the errors of management which have been committed in the past."...
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Reports of Cases and Proceedings Before the Board of Railroad ..., Volume 13

Montana. Board of Railroad Commissioners - 1920 - 580 pages
...unwarranted dividends upon over issues of securities, or of omission to exact proper prices for its output, the fault is its own. When, therefore, a public...employed for the purpose of earning a return cannot be enhanced by a consideration of the errors of management which have been committed in the past."...
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