 | San Francisco (Calif.) - 1910 - 1586 halaman
...duty to the public. If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be...either to the stockholders or to the public, or both. If. however, a company fails to perform its plain duty and to exact sufficient returns to keep the... | |
 | United States. Interstate Commerce Commission - 1950 - 1252 halaman
...their life, and that if a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be the investment of new capital. See also United Railways v. West, 280 US 234, 254. The average service life of freight cars is not... | |
 | United States. Supreme Court - 1909 - 740 halaman
...duty to the public. If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be...either to the stockholders or to the public, or both. If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the... | |
 | 1909 - 1234 halaman
...to the public. If a different course were pursued, the only method of providing for the replacement of property which has ceased to be useful would be...would lead to a constantly increasing variance between the present value and bond and stock capitalization — a tendency which would inevitably lead to disaster... | |
 | William Arthur Chase - 1911 - 572 halaman
...duty to the public. If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be...either to the stockholders or to the public, or both. If, however, a company fails to perform this plain duty and to exact sufficient returns to keep the... | |
 | 1911 - 662 halaman
...duty to the public. If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be...either to the stockholders or to the public, or both. If, however, a company fails to keep the investment unimpaired, whether this is the 640 result of unwarranted... | |
 | Abraham Clark Freeman - 1911 - 1268 halaman
...has ceased to be useful would be the investment of new capital and the issue of new bonds or stock. This course would lead to a constantly increasing...either to the stockholders or to the public, or both." This situation ought not to be brought about either by the payment of excessive dividends or the omission... | |
 | Abraham Clark Freeman - 1911 - 1256 halaman
...duty to the public. If a different course were pursued, the only method of providing for displacement of property which has ceased to be useful would be...investment of new capital and the issue of new bonds or stock. This course would lead to a constantly increasing variance between present value and bond and... | |
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If a different course were pursued the only method of providing for replacement of property which has ceased to be useful would be the investment of new capital and the issue of new bonds or stocks. This course would lead to a constantly increasing variance... 
