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STATE EX REL. UTIL. COM'N v. SOUTHERN BELL T. & T. CO.

No. 7210UC183.

189 S.E.2d 777 (1972)

STATE of North Carolina ex rel. UTILITIES COMMISSION et al. v. SOUTHERN BELL TELEPHONE AND TELEGRAPH COMPANY.

Court of Appeals of North Carolina.

June 28, 1972.

Attorney(s) appearing for the Case

Joyner & Howison, by Robert C. Howison, Jr., Raleigh, John F. Beasley, Atlanta, Ga., and Harvey L. Cosper, Charlotte, with Drury B. Thompson and Jefferson Davis, Atlanta, Ga., of counsel, for Southern Bell Telephone and Telegraph Company.

Atty. Gen. Robert Morgan by Asst. Atty. Gen. I. Beverly Lake, Jr., for the Using and Consuming Public.

Commission Atty. Edward B. Hipp and Asst. Commission Atty. Maurice W. Horne, Raleigh, for North Carolina Utilities Comm.

PARKER, Judge.

Appellant challenges the Commission's determination of the fair value of its property used and useful as of the end of the test period in providing telephone service to the public within this State. In this connection, Southern Bell presented evidence to show the original cost of such property less that portion of the cost which had been consumed by previous use recovered by depreciation expense, and in addition presented evidence to show the replacement...

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