State Railroad Taxation
State Railroad Taxation
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In our eReader you can find the full English version of the book. Read State Railroad Taxation Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book State Railroad Taxation
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S. , 340, 353. Tlhe entire property of the corporation, thus consid- ered, is to be regarded and treated as indivisible for the purpose of sale under adverse process; and to permit it to be sold other- wise would defeat the uses impressed on it for public purposes, and which constituted the consideration for the grant of its franchises. " In making a valuation under the' inventory method the first step would be to have made by a competent engineer a careful estimate of the value of each of the ...elements which enter into the entire physical plant of the railway. The physical plant being only a part of the real value of a property, the earning power must also be considered; this earning power is best determined by financiers and the financial rule for valuation is that the worth of a property is determined by what it will produce in actual income. In a case wherein the income is assured by a glance at the past history of the corporation, the risk is less and the real value of the property more in proportion.
What to read after State Railroad Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Frank C French to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
S. , 340, 353. Tlhe entire property of the corporation, thus consid- ered, is to be regarded and treated as indivisible for the purpose of sale under adverse process; and to permit it to be sold other- wise would defeat the uses impressed on it for public purposes, and which constituted the consideration for the grant of its franchises. " In making a valuation under the' inventory method the first step would be to have made by a competent engineer a careful estimate of the value of each of the ...elements which enter into the entire physical plant of the railway. The physical plant being only a part of the real value of a property, the earning power must also be considered; this earning power is best determined by financiers and the financial rule for valuation is that the worth of a property is determined by what it will produce in actual income. In a case wherein the income is assured by a glance at the past history of the corporation, the risk is less and the real value of the property more in proportion.
What to read after State Railroad Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Frank C French to read onlineMoreLess
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