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GEN. TEL. CO. v. P. U. C. O.

No. 37280.

174 Ohio St. 575 (1963)

GENERAL TELEPHONE CO., APPELLANT, v. PUBLIC UTILITIES COMMISSION OF OHIO, APPELLEE.

Supreme Court of Ohio.

Decided May 31, 1963.

Attorney(s) appearing for the Case

Messrs. Power, Griffith, Jones & Bell, for appellant.

Mr. William B. Saxbe, attorney general, Mr. Andrew R. Sarisky and Mr. Jay C. Flowers, for appellee.

O'NEILL, J.

The commission found the statutory rate base of the appellant company for this rate determination to be $59,827,440 and the appellant agrees that this is correct.

This is the dollar-amount value as of a date certain of the reconstruction cost new less existing depreciation of the property of the public utility, used and useful, in rendering the public utility serviced for which rates are to be fixed...

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