Legal Opinion · Dissent
Public Service Commission v. Jamaica Water Supply Co.
Appellate Division of the Supreme Court of the State of New York
Decided August 5, 1976Published
1Dissent
Sweeney, J. P. (dissenting).
We are unable to agree with the majority’s conclusion that the Public Service Commission, on this record, had the implied power to impose restrictions on the payment of cash dividends by Jamaica. We, therefore, dissent and vote to affirm.
The majority has amply narrated the pertinent facts. In our view, although the Public Service Commission is empowered to examine the accounts, books, contracts, records, documents and papers of any waterworks corporation, and after a hearing, to prescribe the accounts in which particular outlays and receipts shall be entered,…
2Cases cited5 opinions
- Matter of Quinby v. . Public Service Comm.New York Court of Appeals · 1918
- New York State Electric & Gas Corp. v. Public Service Commission of the StateAppellate Division of the Supreme Court of the State of New York · 1935
- People ex rel. New York Railways Co. v. Public Service CommissionNew York Court of Appeals · 1918
- Matter of Rochester Gas Electric Corp. v. MaltbieNew York Court of Appeals · 1949
- New York State Electric & Gas Corp. v. Public Service CommissionNew York Court of Appeals · 1937