Physical Valuation of Property of Common Carriers: Hearings Before the Committee on Interstate Commerce, United States Senate, Sixty-second Congress, Third Session, on H.R. 22593, a Bill to Amend an Act Entitled "An Act to Regulate Commerce," Approved February 4, 1887, and All Acts Amendatory Thereof by Providing for Physical Valuation of the Property of Carriers Subject Thereto and Securing Information Concerning Their Stocks and Bonds and Boards of Directors. February 11 [and 13] 1913, Parts 1-4 |
Common terms and phrases
act to regulate actual amendment ascertain and report ATLEE POMERENE BEMIS bill BRANDEGEE capital cent CHAIRMAN changes classify the physical committee common carrier subject considered convenience corporation cost of reproduction cost to date court detail earning elements of value eminent domain engineers evidence fair FEBRUARY 17 fixing franchise going hearing idea income intangible Interstate Commerce Commission inventory investigation and report investment land line 15 line 21 LOREE market value mean MOSES E notice original and present original cost owners physical property physical value present value provisions question railway purposes reasonable regulate commerce secured Senator CLARKE Senator CUMMINS Senator GORE Senator LA FOLLETTE Senator LIPPITT Senator NEWLANDS Senator POMERENE Senator TILLMAN Senator TOWNSEND separately SOUTH TRIMBLE stocks and bonds strike suggestion suppose taxation tentative valuation terminals theory thereof thing tion TRUMBULL United UNITED STATES SENATE
Popular passages
Page 4 - ... is hereby directed and required to cooperate with and aid the Commission in the work of the valuation of its property in such further particulars and to such extent as the Commission may require and direct...
Page 3 - An act to regulate commerce," approved February fourth, eighteen hundred and eighty-seven, and all acts amendatory thereof, and...
Page 4 - Every common carrier subject to the provisions of this Act shall furnish to the commission or its agents from time to time and as the commission may require maps, profiles, contracts, reports of engineers, and any other documents, records, and papers, or copies of any or all of the same, in aid of such investigation and determination of the value of the property...
Page 5 - FIRST. In such investigation said commission shall ascertain and report in detail as to each piece of property owned or used by said common carrier for its purposes as a common carrier, the original cost to date, the cost of reproduction new, the cost of reproduction less depreciation...
Page 6 - Upon the completion of the valuation herein provided for the commission shall thereafter in like manner keep itself informed of all extensions and improvements or other changes in the condition and value of the property of all common carriers...
Page 36 - Any schedule so rejected by the Commission shall be void and its use shall be unlawful.
Page 5 - In case of failure or refusal on the part of any carrier, receiver, or trustee to comply with...
Page 117 - Second. Such investigation and report shall state in detail and separately from improvements the original cost of all lands, rights of way, and terminals owned or used for the purposes of a common carrier, and ascertained as of the time of dedication to public use, and the present value of the same, and separately the original and present cost of condemnation and damages or of purchase in excess of such original cost or present value.
Page 34 - Fifth. The Commission shall ascertain and report the amount and value of any aid, gift, grant of right of way, or donation, made to any such common carrier, or to any previous corporation operating such property...
Page 111 - An Act to regulate commerce', approved February 4, 1887, and all Acts amendatory thereof, by providing for a valuation of the several classes of property of carriers subject thereto and securing information concerning their stocks, bonds, and other securities", approved March 1, 1913...