Report of the Tennessee Railroad and Public Utilities Commission

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Страница 119 - That it shall be unlawful for any common carrier subject to the provisions of this Act to charge or receive any greater compensation in the aggregate for the transportation of passengers or of like kind of property, under substantially similar circumstances and conditions, for a shorter than for a longer distance over the same line, in the same direction, the shorter being included within the longer distance...
Страница 76 - It is alleged here that the rates prescribed are unreasonable and unjust to the company and its stockholders. But that involves an inquiry as to what is reasonable and just for the public. . . . The public cannot properly be subjected to unreasonable rates in order simply that stockholders may earn dividends.
Страница 74 - We hold, however, that the basis of all calculations as to the reasonableness of rates to be charged by a corporation maintaining a highway under legislative sanction must be the fair value of the property being used by it for the convenience of the public. 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...
Страница 37 - That if any common carrier subject to the provisions of this act shall, directly or indirectly, by any special rate, rebate, drawback, or other device, charge, demand, collect or receive from any person or persons a greater or less compensation...
Страница 78 - It from maintaining rates or charges for transportation adequate to all those ends will deprive It of Its property without due process of law, and deny to It the equal protection of the laws. This contention was the subject of elaborate discussion ; and, as It bears upon each case In Its Important aspects, It should not be passed without examination.
Страница 38 - ... a like and contemporaneous service In the transportation of a like kind of traffic under substantially similar circumstances and conditions, such common carrier shall be deemed guilty of unjust discrimination, which Is hereby prohibited and declared to be unlawful.
Страница 77 - ... controlling a public highway are, as an entirety, so unjust as to destroy the value of Its property for all the purposes for which It was acquired, Its duty is to take Into consideration the Interests both of the public and of the owner of the property, together with all other circumstances that are fairly to be considered In determining whether the legislature has, under the guise of regulating rates, exceeded its constitutional authority, and practically deprived the owner of property without...
Страница 38 - ... special rate, rebate, drawback, or other device, charge, demand, collect, or receive from any person or persons a greater or less compensation for any service rendered, or to be rendered, in the transportation of...
Страница 51 - The State cannot justify unreasonably low rates for domestic transportation, considered alone, upon the ground that the carrier is earning large profits on its interstate business, over which, so far as rates are concerned, the State has no control.
Страница 77 - Each case must depend upon its special facts; and when a court, without assuming itself to prescribe rates, Is required to determine whether the rates prescribed by the legislature for a corporation controlling a public highway are, as an entirety, so unjust as to destroy the value of Its property for all the purposes for which it was acquired, its duty is to take into consideration the Interests both of the...

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