Alabama Power Co. v. Federal Power Commission

SIBLEY, Circuit Judge.

Pursuant to Section 4(b) of the Federal Power Act, as amended, Í6 U.S.C.A. § 797(b), the Federal Power Commission had hearings to determine the actual legitimate original cost of Alabama Power Company’s Martin Dam project on the Tallapoosa River in Alabama, built under a license issued by the Commission on June 6, 1923, to Alabama Interstate Power Company (herein called Interstate) and transferred by the Commission’s consent to Alabama Power Company (hereinafter called Alabama) on June 22, 1923. . Alabama claimed a cost of about seventeen and a half million dollars. The…