PUBLIC UTILITIES - ORIGINAL COST OF PLANT AS ITEM IN COMPANY ACCOUNTS

Authors

Emma Rae Mann, University of Michigan Law SchoolFollow

Abstract

Forty-four telephone companies, thirty-seven of them members of the Bell system, and seven of them members of another group, sued to set aside an order of the Federal Communications Commission prescribing a uniform system of accounts for telephone companies. The companies contended that the system of accounts ordered prevented them from realizing a fair return on their total investment. The Court held that the order of the commission was valid and dismissed the bill. American Tel. & Tel. Co. v. United States, 299 U.S. 232, 57 S. Ct. 170 (1936).

Recommended Citation

Emma R. Mann, PUBLIC UTILITIES - ORIGINAL COST OF PLANT AS ITEM IN COMPANY ACCOUNTS, 35 Mich. L. Rev. 846 (1937).
Available at: https://repository.law.umich.edu/mlr/vol35/iss5/18