State Ex Rel. Utilities Commission v. Morgan

LAKE, Justice.

In February 1965, this Court remanded to the Utilities Commission a proceeding instituted by Lee Telephone Company in 1963 for an increase in its rates for service in North Carolina. The Commission was directed to hold a further hearing in accordance with G.S. 62-133 and the opinion of this Court. Utilities Commission v. Telephone Co., 263 N.C. 702, 140 S.E. 2d 319. It is presumed that, pursuant to such direction, the Utilities Commission then fixed rates which were fair and reasonable in view of conditions then prevailing. Such rates would, necessarily, include adequate…