(Download) "Public Service Company New Hampshire V." by Supreme Court of New Hampshire ~ eBook PDF Kindle ePub Free
eBook details
- Title: Public Service Company New Hampshire V.
- Author : Supreme Court of New Hampshire
- Release Date : January 26, 1957
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 70 KB
Description
The plaintiff's position in broad outline is, first, there was "no competent evidence to support a finding of a market value
of the Ayers Island plant... in excess of its net book cost," and, second, "That the Trial Court, in reaching its decision
applied incorrect principles of law, made findings and rulings contrary to and unsupported by the evidence, and otherwise
erred...." At the outset it must be said that unusual problems are inherent in utility cases such as this. An obstacle to a rational
and plain exposition is that due to factors hereinafter discussed, truly satisfactory standards for testing value do not exist.
Again, in rate base disputes the interest of the utility is to show the value of its property at the maximum while that of
the ratepayers is to establish the lowest possible value. In tax cases the situation is exactly reversed. It is the public,
represented by the assessors, which seeks to include the last dollar of worth in the assessment, while the company is avidly
eager to have the value of its property considered in the most modest light. Generally there are readily available to both
parties experts, the disparity of whose estimates increases the difficulty of reaching a fair Conclusion.