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Digital Provenance
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Publisher
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Transcription
% Railroad Company and the Water Company in arriving at a proper rate base, the rate of return which should be earned by the Railroad Company and the Water Company, the amount of operation and maintenance expenses which should be allowed to the Railroad Company and the Water Company in fixing rates and a forecast of the capital additions, revenues and expenses xvhich will be experienced by the Railroad Company and the Water Company in the year 1952. VI In the calendar vear 1951 the vater Company failed to earn any return at all, but suffered a deficit of *41,939.93. It is expected that unless the rates of the Water Company are further increased over and above the increases authorized by the Commission’s Order of .August 24, 1951, as decreased by the Commission’s Order of December 7, 1951, the Water Company will also suffer a substantial deficit in the calendar year 1952. WHEREFORE the petitioner prays that the above entitled case be re-opened and that a further hearing be granted at the earliest possible moment to the end that rates shall be prescribed by the Commission which will afford the petitioner substantial and prompt relief and enable the petitioner to earn a fair return upon a reasonable rate base. Respectfully submitted, E. E. BENNETT ?CALVIN M. CORY 7
