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Actual Cost Should Be Based on Original Cost
Publication year - 1985
Publication title -
journal ‐ american water works association
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.466
H-Index - 74
eISSN - 1551-8833
pISSN - 0003-150X
DOI - 10.1002/j.1551-8833.1985.tb05498.x
Subject(s) - supreme court , franchise , property rights , property (philosophy) , law and economics , business , law , economics , microeconomics , political science , marketing , philosophy , epistemology
The “actual cost” of the franchise, property, rights, and privileges of a water company should be based on the original cost and not include the cost of property contributed to the company, according to the Supreme Judicial Court of Massachusetts.