...212 US 19, 52, 53 L. ed. 382, 399, 48 LRA (NS) 1134, 29 Sup. Ct. Rep. 192, 15 Ann. Cas. 1034. * * * That there is an element of value in an assembled...privately owned although dedicated to public use. * * * Included in going value as usually reckoned is the investment necessary to organizing and establishing...

...this element, to be found in Public Utilities Reports 1915 B, 639. COURTS That there is an clement of value in an assembled and established plant, doing...privately owned although dedicated to public use. (Des Moines Gas Co. vs. City of Des Moines, 238 US 153; PUR 1915 D, 577, 584.) It takes time to put...

...property. 9. Public service commissions <§=>7— In fixing rate, going value to be considered. The element of value In an assembled and established plant...money over one not thus advanced is self-evident, and in fixing a rate this going value must be considered. 10. Public service commissions ®=»7—...

...Value," 1922, pages 173 and 174. " Des Moines Gas Co. v. City of Des Moines et al., 35 Sup. Ct. Rep. 811. "That there is an element of value in an assembled...plant, doing business and earning money, over one that is not thus advanced is self-evident. This element of value is a property right, and should be...

...fair rate making value of the property herein involved the Commission will take into consideration "that there is an element of value in an assembled...established plant, doing business and earning money." (Des Moines Gas Company vs. City of Des Mones, 238 US, ISS-i63.) Fair Value of Property: Of fundamental...

...property. With respect to going value, we quote from Des Moines Gas Company v. Des Moines 238 US 153 : That there is an element of value In an assembled...privately owned although dedicated to public use. From the evidence in this case the commission can find no evidence which would enable us to determine...

...al, 238 US 153, at page 165 (1915), the Supreme Court of the United States said: That there is tin element of value in an assembled and established plant,...privately owned although dedicated to public use. See also City and County of Denver v. Denver Union Water Co-mpany, 246 II. S. 178, at page 192 (1918); City...

...many courts and commissions. The expression in DCS Moines Gas Co. v. City of Des Moines, 238 US 153: "That there is an element of value in an assembled...money, over one not thus advanced, is self-evident," has been cited in support of the contention that there must be a going value because the utility is...

...element of value is disallowed. Going Value. This element of value is present in every going concern. "This element of value is a property right and should...the value of the property upon which the owner has the right to make a fair return and when the same is privately owned, although dedicated to the public...

...valuation of something more than the "bare bones" of the physical property, because it "is self-evident" that "there is an element of value in an assembled...business and earning money, over one not thus advanced." 8 A moment's reflection will expose the presence of the market-value fallacy in this assigned reason...