Wisconsin Hydro-Electric Co. v. Railroad Commission

I find myself unable to agree with the construction placed upon the statute by the court. It seems to me to confuse the statutory provisions relating to the issuance of securities with the law relating to the making of rates. Except as the two matters are drawn together by the opinion of the court, they seem to me to be distinct and unrelated. Inasmuch as the construction now placed upon the statute is conclusive, no useful purpose will be served by more discussion.

The following opinion was filed June 20, 1932 :

Fritz, J.

On the motion for a rehearing, argument was ordered. From the briefs and…