Legal Opinion
McCardle v. Indianapolis Water Co.
Supreme Court of the United States
Decided November 22, 1926No. 37PublishedCited by 216 opinions
1Opinion of the CourtJustice Butler
June 8, 1923, the water company filed with the commission its petition in which it stated that its rates were too low and proposed a higher schedule. The city of Indianapolis answered, alleging that the rates in force were adequate. After hearing the parties, the commission found that, as of May 31, 1923, the value of the property used was not less than $15,260,400; that the annual return under existing rates • would be approximately $800,000; that seven per cent, was a reasonable rate of return; that the.rates in force were insufficient and that those proposed would be exorbitant and…
2Cases cited32 opinions
- Smyth v. AmesSupreme Court of the United States · 1898
- Bluefield Water Works & Improvement Co. v. Public Service CommissionSupreme Court of the United States · 1923
- City of Knoxville v. Knoxville Water Co.Supreme Court of the United States · 1909
- Standard Oil Co. of NJ v. Southern Pacific Co.Supreme Court of the United States · 1925
- Galveston Electric Co. v. City of GalvestonSupreme Court of the United States · 1922
27 more not listed; retrieve them via the Exa API.
3Cited by216 opinions
- Kimball Laundry Co. v. United StatesSupreme Court of the United States · 1949
- Los Angeles Gas & Electric Corp. v. Railroad CommissionSupreme Court of the United States · 1933
- Verizon Communications Inc. v. Federal Communications CommissionSupreme Court of the United States · 2002
- Baltimore & Ohio Railroad v. United StatesSupreme Court of the United States · 1936
- Railroad Commission v. Pacific Gas & Electric Co.Supreme Court of the United States · 1938
211 more not listed; retrieve them via the Exa API.