Image
Copyright & Fair-use Agreement
UNLV Special Collections provides copies of materials to facilitate private study, scholarship, or research. Material not in the public domain may be used according to fair use of copyrighted materials as defined by copyright law. Please cite us.
Please note that UNLV may not own the copyright to these materials and cannot provide permission to publish or distribute materials when UNLV is not the copyright holder. The user is solely responsible for determining the copyright status of materials and obtaining permission to use material from the copyright holder and for determining whether any permissions relating to any other rights are necessary for the intended use, and for obtaining all required permissions beyond that allowed by fair use.
Read more about our reproduction and use policy.
I agree.Information
Digital ID
Permalink
Details
Member of
More Info
Rights
Digital Provenance
Publisher
Transcription
Momo- - 5 - V I by the exercise of an intelligent Judgmert basea on a consider. ion of all the relevant facts ana circumstances which affect the worth of such property, if the present value of the property is greater or lees than the original cost thereof, the original cost cannot legally be reportea as the present value thereof. Since the Valuation Act requires that the present vame be reported, the difficulty of ascertaining ttatt value, if such value exists, does not excuse the Commission from the performance of its duty. The carriers should assist the Bureau la the valuation of this property, should make claims therefor on a reasonable and conservative basis and should prepare proof of such claims. What Facts are Relevant in the Determination of Value: In accordance with th e pr inc iples above enumerated, the earn e r s are advised to make a careful study of the conditions . and circumstances affecting the value of the particular right under valuation, and of the facts which evidence the value. => There are here listed certain factors affecting the value of »ater rights. It is not thought that all of these factors may be found in every case. Their existence and relative importance will depend on the circumstances of the particular case. The weight to be attached to any one of them is not a matter which can be discussed in generalities but will depend on the particular circumstances of the particular case.