Legal Opinion

People Ex Rel. Iroquois Gas Corp. v. Public Service Commission

New York Court of Appeals

Decided February 27, 1934PublishedCited by 18 opinions

1Opinion of the CourtLehman, J.

The relator Iroquois Gas Corporation agreed to purchase from John C. McMahon a plant for the production of natural gas. The agreed purchase price was $130,000, and the agreement was made subject to the approval of the Public Service Commission. The Public Service Commission, after a hearing, found that the purchase price was greater than the “ depreciated book value of the property and at least $30,000 more than the"reproduction cost new, less depreciation.” Nevertheless it determined that “ the public interest will be served by approval of the transfer, providing that an amount of $40,000 of…

2Cases cited6 opinions

  1. Los Angeles Gas & Electric Corp. v. Railroad CommissionSupreme Court of the United States · 1933
  2. Matter of Quinby v. . Public Service Comm.New York Court of Appeals · 1918
  3. People Ex Rel. Delaware & Hudson Co. v. StevensNew York Court of Appeals · 1909
  4. People Ex Rel. Binghamton Light, Heat & Power Co. v. StevensNew York Court of Appeals · 1911
  5. International Railway Co. v. Public Service CommissionNew York Court of Appeals · 1919

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3Cited by18 opinions

  1. People Ex Rel. Consolidated Water Co. v. MaltbieNew York Court of Appeals · 1937
  2. New York Edison Co. v. MaltbieAppellate Division of the Supreme Court of the State of New York · 1935
  3. In re International Railway Co.Appellate Division of the Supreme Court of the State of New York · 1942
  4. Rockland Light & Power Co. v. MaltbieAppellate Division of the Supreme Court of the State of New York · 1934
  5. Lockport Light, Heat & Power Co. v. MaltbieAppellate Division of the Supreme Court of the State of New York · 1939

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