Mobile County Gas District v. Mobile Gas Service Corp.
Supreme Court of Alabama
1Opinion of the Court
COLEMAN, Justice.
An intervenor in a proceeding before the Public Service Commission appeals from a decree of the circuit court, in equity, wherein the court affirmed an order of the Commission authorizing the issue and sale of bonds by a regulated public utility.
The utility, Mobile Gas Service Corporation, herein sometimes referred to as the company, pursuant to Title 48, § 309, et seq., 1958 Recompilation of 1940 Code, filed with the Commission the company’s application to issue and sell its bonds in' the principal amount of $2,000,000.00. The company alleged that it proposed to apply the…
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