Bay Springs Telephone Co. v. Mississippi Public Service Commission

ROBERTSON, Presiding Justice,

for the Court:

Bay Springs Telephone Company, Inc., (BSTC), appeals from the final decree of the Chancery Court of the First Judicial District of Hinds County dated August 7, 1978, affirming the order of the Mississippi Public Service Commission (MPSC) rendered on September 15, 1977, in which Order the Commission denied any increase in rates to BSTC.

BSTC has assigned as error:

I. The Court erred in rendering a Decree that found BSTC was receiving a fair Rate of Return in the Test Year (1976), based on its Present Rates, inasmuch as the Court erroneously accepted an…