State Ex Rel. Kansas City Transit, Inc. v. Public Service Commission

FINCH, Judge.

The Public Service Commission of Missouri, following a hearing relative to certain changes which had occurred in the capital structure of Kansas City Transit, Inc., entered this order:

“That Kansas City Transit, Inc., be and it is hereby prohibited from making further reductions in the account entitled ‘Unearned Surplus’ (also designated by the company as ‘Capital Contributed’) by any manner or means whatsoever without the prior authorization of the Commission.” 1

The above order was affirmed on cer-tiorari by the Circuit Court of Cole County. Relators, Kansas City Transit, Inc.,…