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- W75782065 abstract "Since that time much has been written on the question of valuation, etc., for the purpose of rate making, and comparatively little on the valuation of a plant for the purpose of condemnation. With the increase of the practice of establishing state commissions having jurisdiction over all matters of public utility, prospects are good for some uniform method of valuation for the taking over of such properties being formulated. At present, where a water works plant is to be taken over by a municipality, it is generally acquired by one of the following methods: 1. Voluntary agreement. 2. By a definite provision contained in original franchise. 3. By due process of law, as where a water works company has violated some of the terms of its franchise. 4. By direct legislative action. 5. By action on the part of the Public Service Commission having jurisdiction. 6. Where a smaller municipality has been absorbed by a larger one, the original rights are nullified. 1. In case of a voluntary agreement it is customary, after the general terms of the taking over have been agreed upon, to legalize such action by a local ordinance, or by a vote of the citizens of the municipality. Such an ordinance usually fixes the number of, and method of appointing official appraisers, etc. The usual practice is" @default.
- W75782065 created "2016-06-24" @default.
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- W75782065 date "1915-03-01" @default.
- W75782065 modified "2023-09-26" @default.
- W75782065 title "The Acquisition of Private Water Plants by Municipalities" @default.
- W75782065 doi "https://doi.org/10.1002/j.1551-8833.1915.tb14089.x" @default.
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