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" The ascertainment of that value is not controlled by artificial rules. It is not a matter of formulas, but there must be a reasonable judgment having its basis in a proper consideration of all relevant facts. "
The State Department Reports of the State of New York - Halaman 189
oleh New York (State) - 1918
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 291

Illinois. Supreme Court - 1920 - 694 halaman
...considered on its own merits and such result of value arrived at as may be just and right in each case. It is not a matter of formulas, but there must be...basis in a proper consideration of all relevant facts. We consider any value a fair value which fair and reasonable men would say ought to be attached to...
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Cases Decided in the Court of Claims of the United States, Volume 111

United States. Court of Claims - 1948 - 886 halaman
...guideposts have been considered in cases involving a similar question and as a general proposition it is not a matter of formulas but there must be a...its basis in a proper consideration of all relevant 764 Opinion of the Court facts. The matters which enter into a consideration of this kind are cost...
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Cases Decided in the Court of Claims of the United States, Volume 103

United States. Court of Claims - 1946 - 906 halaman
...Fed. (2d) 55; Henry F. du Pont v. Commissioner, 2 TC 246. Id. XX. (3) In the ascertainment of value "there must be a reasonable judgment having its basis...in a proper consideration of all relevant facts." Standard Oil Company of New Jersey v. Southern Pacific Corporation el al., 268 US 146, 156. Id. XXI....
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Cases Decided in the United States Court of Claims ... with ..., Volume 132

United States. Court of Claims, Audrey Bernhardt - 1955 - 936 halaman
...ascertainment of value is not controlled by rigid rules or artificial formulae; what is required is a "reasonable judgment having its basis in a proper consideration of all relevant facts. Minnesota Rate Cases, 230 US 352, 434." Standard Oil Co., of New Jersey v. Southern Pacific Co., 268...
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Outlook and Independent, Volume 147

1927 - 594 halaman
...squarely held that neither original cost nor reproduction is the basis for a proper valuation; but a 'reasonable judgment having its basis in a proper consideration of all the relevant facts.' " Mr. Taggart shrewdly adds: "The danger to the investor, should reproduction...
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The Pacific Reporter, Volume 138

1914 - 1246 halaman
...receive just compensation for the service given to the public. • • • The ascertainment of that value is not controlled by artificial rules. It is...having Its basis in a proper consideration of all the relevant facts." In Knott et aL v. St Louis, KC & CR Co. et aL, 230 DS 512, 33 Sup. Ct. 983, 57...
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Harvard Law Review, Volume 27

1914 - 812 halaman
...considered on its own merits, and such result or value arrived at as may be "just and right in each case." "It is not a matter of formulas, but there must be...in a proper consideration of all relevant facts." 1 "We take it that any value is a fair value which fair and reasonable men would say ought to be attached...
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The South Western Reporter, Volume 252

1923 - 1210 halaman
...Ann. Cas. 1916A, 18: "The ascertainment of that value ia not controlled by artificial rules. It ¡я not a matter of formulas, but there must be a reasonable...in a proper consideration of all relevant facts." The commission, in determining the value of appellant's plant, considered Its historical cost, the...
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Interstate Commerce Commission Reports: Reports and Decisions of ..., Volume 170

United States. Interstate Commerce Commission - 1931 - 966 halaman
...fair value of the property ' used for the convenience of the public. * * * The ascertainment of that value is not controlled by artificial rules. It is...in a proper consideration of all relevant facts." The valuation of property must always be largely a matter of judgment and not of formula or precise...
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Journal of the Engineers Society of Pennsylvania, Volume 7

Engineers' Society of Pennsylvania - 1915 - 538 halaman
..."The ascertainment of that value is not controlled by artificial rules. It is not a matter of formula, but there must be a reasonable judgment having its...in a proper consideration of all relevant facts." (4) "But, supposing the railroad to be obliterated and the lands to be held by others, the owner of...
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