Wisconsin Hydro-Electric Co. v. Railroad Commission

The following opinions were filed May 12, 1931:

Fritz, J.

The action was tried upon the pleadings, and there is no dispute as to the facts. On August 13, 1928, *351the plaintiff applied to the Railroad Commission for a valuation under sec. 184.11 (2), Stats., of the property of the Luck Light & Power Company, and a certificate of authority, to be issued by the commission under sec. 184.09, Stats., for the issue of securities to secure funds to pay for the property. On January 17, 1929, the commission issued a preliminary certificate authorizing the plaintiff to issue $58,800 par value of bonds at a…