(DOWNLOAD) "City Weslaco v. General Telephone Company Southwest" by San Antonio Court of Civil Appeals of Texas * eBook PDF Kindle ePub Free

January 06, 2021

eBook details

Title: City Weslaco v. General Telephone Company Southwest
Author : San Antonio Court of Civil Appeals of Texas
Release Date : January 05, 1962
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 68 KB

Description

Contrary to what we said in the original opinion, the plant value for depreciation purposes was correctly fixed by the trial court at $730,997.01. The record shows that the plant value was arrived at by computing the average between (1) the reproduction cost new before adjustment for present age and condition as urged by General Telephone, and (2) the gross book cost as urged by the City. Subtracted from each of those items in advance were land and certain equipment, which the parties agree should not be treated as depreciable items. General Telephone is entitled to recover that figure through depreciation, amortized over the life of the plant. Iowa-Illinois Gas & Electric Co. v. City of Fort Dodge, 248 Iowa 1201, 85 N.W.2d 28.