Long Island Lighting Co. v. Maltbie

The complaint asks for judgment declaring that the method being followed by the Public Service Commission to determine the value of the common stock of the Kings County Lighting Company, owned by the plaintiff, is illegal, that the Commission has no power to direct the plaintiff to make any entry on its books with regard to such stock, or to make an examination of the books of the Kings County Lighting Company or its properties for the purpose of determining the depreciation existing therein, or any finding as to the value of its common stock, and that the Commission has no power to assess…