From inside the book
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Page 78
... value of its property in Superior would be depreciated . The maximum class rates fixed by the order of September 6 , 1906 , were from 20 per cent to 25 per cent lower than those theretofore main- tained by the Northern Pacific and Great ...
... value of its property in Superior would be depreciated . The maximum class rates fixed by the order of September 6 , 1906 , were from 20 per cent to 25 per cent lower than those theretofore main- tained by the Northern Pacific and Great ...
Page 101
... value of the property at the time it is being used for the public . ( See also San Diego Land & Town Co. v . Jasper , supra ; Willcox v . Consolidated Gas Co. , supra . ) ( 2 ) The ascertainment of that value is not controlled by ...
... value of the property at the time it is being used for the public . ( See also San Diego Land & Town Co. v . Jasper , supra ; Willcox v . Consolidated Gas Co. , supra . ) ( 2 ) The ascertainment of that value is not controlled by ...
Page 102
... value on the basis of cost of reproduc tion new of the entire system of the carrier . The estimated value of the railroad property within the state was divided between the freight and passenger business upon the relation of the gross ...
... value on the basis of cost of reproduc tion new of the entire system of the carrier . The estimated value of the railroad property within the state was divided between the freight and passenger business upon the relation of the gross ...
Page 103
... value of the property within the state and the apportionments both of value and of expense between interstate and intrastate operations . It will be convenient to take up the three cases separately : 1. Northern Pacific Railway Co. The ...
... value of the property within the state and the apportionments both of value and of expense between interstate and intrastate operations . It will be convenient to take up the three cases separately : 1. Northern Pacific Railway Co. The ...
Page 104
... value of the entire railroad system or operating property of this com- pany to be $ 452,666,489.2 The value of that portion of the system which was in the state of Minnesota was separately found , on the same basis , to be $ 90,204,545 ...
... value of the entire railroad system or operating property of this com- pany to be $ 452,666,489.2 The value of that portion of the system which was in the state of Minnesota was separately found , on the same basis , to be $ 90,204,545 ...
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Common terms and phrases
Bay & Western Big Fork Bridge & Terminal Burlington & Quincy Canadian Northern Railway Chicago Great Western City & Western corporation Dakota & Western Dubuque & Sioux Duluth & Iron Duluth & Northeastern Duluth & Northern Duluth Belt Line Fork & International freight gross earnings International Falls interstate Iron Range Island & Pacific Junction June 30 Lake & Manitoba Lake & Winnipeg Manitoba Railway Company Mason City mileage Milwaukee & St Minn Minneapolis & Omaha Minneapolis & Rainy Minneapolis & St Minneapolis Western Railway Minnesota & International Minnesota & Manitoba Minnesota & North Minnesota & Pacific Missabe & Northern Northern Minnesota Railway Northern Pacific Railway Northern Railway Company Number Pacific Railway Company passenger Paul & Sault Paul Bridge Paul Railway Company Rainy Lake revenue Rock Island Sault Ste Sioux City Terminal Railway Company Total track Transfer of Minneapolis Western Railway Company Winnipeg & Pacific Wisconsin Central Railway
Popular passages
Page 101 - And, in order to ascertain that value, the original cost of construction, the amount expended in permanent improvements, the amount and market value of its bonds and stock, the present as compared with the original cost of construction, the probable earning capacity of the property under particular rates prescribed by statute, and the sum required to meet operating expenses, are all matters for consideration, and are to be given such weight as may be just and right in each case.
Page 85 - The genius and character of the whole government seem to be, that its action is to be applied to all the external concerns of the nation, and to those internal concerns which affect the States generally ; but not to those which are completely within a particular State, which do not affect other States, and with which it is not necessary to interfere, for the purpose of executing some of the general powers of the government.
Page 91 - Inspection laws, quarantine laws, health laws of every description, as well as laws for regulating the internal commerce of a State, and those which respect turnpike roads, ferries, etc., are component parts of this mass. No direct general power over these objects is granted to congress; and, consequently, they remain subject to State legislation.
Page 92 - Their regulation is a thing of domestic concern, and, certainly, until Congress acts in reference to their interstate relations, the State may exercise all the powers of government over them, even though in so doing it may indirectly operate upon commerce outside its immediate jurisdiction.
Page 94 - That the provisions of this act shall not apply to the transportation of passengers or property, or to the receiving, delivering, storage, or handling of property, wholly within one State, and not shipped to or from a foreign country from or to any State or Territory as aforesaid.
Page 87 - Where the subject is peculiarly one of local concern, and from its nature belongs to the class with which the state appropriately deals in making reasonable provision for local needs, it cannot be regarded as left to the unrestrained will of individuals because Congress has not acted, although it may have such a relation to interstate commerce as to be within the reach of the Federal power.
Page 85 - This power, like all others vested in congress, is complete in itself, may be exercised to its utmost extent, and acknowledges no limitations other than are prescribed in the constitution.
Page 95 - Congress hereby reserves the right to regulate the charges for freight and passengers on said railway, and messages on said telegraph and telephone lines, until a State government or governments shall exist in said Territory within the limits of which said railway, or a part thereof, shall be located; and then such State government or governments shall be authorized to fix and regulate the cost...
Page 93 - Of the justice or propriety of the principle which lies at the foundation of the Illinois statute it is not the province of this court to speak. As restricted to a transportation which begins and ends within the limits of the State it may be very just and equitable, and it certainly is the province of the State legislature to determine that question.
Page 87 - Further, it is competent for a state to govern its internal commerce, to provide local improvements, to create and regulate local facilities, to adopt protective measures of a reasonable character in the interest of the health, safety, morals and welfare of its people, although interstate commerce may incidentally or indirectly be involved.