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" Before coming to the question of profit at all the company is entitled to earn a sufficient sum annually to provide not only for current repairs but for making good the depreciation and replacing the parts of the property when they come to the end of... "
Stone & Webster Journal - Halaman 475
1921
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San Francisco Municipal Reports ...

San Francisco (Calif.) - 1910 - 1586 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired, so that at the end of any given term of years the original investment remains as it was at the beginning. It is not only...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 704 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired, so that at the end of any given term of years the original investment remains as it was at the Opinion of the Court. 212...
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Reports of Cases Determined in the Supreme Court of the State of ..., Volume 159

California. Supreme Court - 1911 - 972 halaman
...the depreciation which must occur in much of the property used in such a service. The court said : 'The company is not bound to see its property gradually...invested is kept unimpaired, so that, at the end of any given term of years the original investment remains as it was at the beginning.' This is in line...
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Public Documents of the State of North Dakota: Being the Annual ..., Volume 1

North Dakota - 1924 - 1206 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...for its replacement. It is entitled to see that from its earnings the value of the property invested is kept unimpaired, so that at the end of any given...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 212

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1909 - 704 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired, so that at the end of any given term of years the original investment remains as it was at the Opinion of the Court. 212...
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Midland Municipalities: Official Publication League of Iowa ..., Volume 17-21

1909 - 1234 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired so that at the end of any given term of years the original investment remains as it was at the beginning. It is not only...
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Supreme Court Reporter, Volume 29

United States. Supreme Court - 1909 - 740 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired, so that, at the end of any given term of years, the original investment remains as it was^i at the'beginning. It is not only...
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The Principles of Accounting

Henry Parker Willis - 1916 - 582 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired, so that at the end of any given term of years the original investment remains as it was at the beginning. It is not only...
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Annual Report of the State Corporation Commission of ..., Volume 7,Bagian 1909

Virginia. State Corporation Commission - 1910 - 1420 halaman
...value of the property may be kept unimpaired. The Supreme Court of the United States has recently said, "The Company is not bound to see its property gradually waste, without making pro' vision out of the earnings for its replacement. It is entitled to see that from earnings 'the...
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Journal of Accountancy, Volume 12

1911 - 662 halaman
...good the depreciation and replacing the parts of the property when they come to the end of their life. The company is not bound to see its property gradually...invested is kept unimpaired, so that at the end of any given term of years the original investment remains as it was at the beginning. It is not only...
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