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upr000153-042
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    Mr. E. E. Bennett _ 2 _ February 17, 1949 further holds that you are then entitled to bring in an ex­pert, who having determined all of the facts and giving them due weight, arrives at a conclusion with respect to the final answer which is the just compensation which will keep the con- demnee whole. All the foregoing is for the purpose of suggesting that you use the simple term "just compensation", and thus avoid the concepts that arise when you attempt to segregate value and damages. In California they have been rather careful to prevent a utility claiming value for its franchises. In fact I be­lieve that all certificates of convenience and necessity se­cured by us in California expressly provide that in any con­demnation we shall not claim more than the actual out of pocket expenditures for the franchise. I wonder if in Nevada it is possible to have an indeterminate or long term franchise which is in the nature of an exclusive right to serve. Franchises are definitely contracts, and you will find that the City of Los Angeles attempted to condemn our franchise rights. We argued that since the City itself did not need a franchise, that, therefore, they had no right to condemn the franchise right. I believe that valuation experts ahd the courts recog­nized in certain cases substantial value for franchises that have a substantial life. I would suggest that to determine that a finding by the y Commission has the effect of a "special verdict" would be un­fortunate. It is my recollection that if a verdict is brought in and there is any evidence to support it, that a reviewing court cannot change the verdict. I would suggest that there be a specification that a trial court in the event it shall determine that the condemnor has the legal right to take, which is not a matter ever submitted to the jury, it shall then be re­quired to insert in its judgment the value fixed by the Commis­sion, and that on appeal the Appelate Court shall have the right to review the evidence submitted the court. to the Commission and to On the other hand, it may be that under present Nevada law there is some method for the Supreme Court to review the deci­sion of the Commission before it is final in the trial court.