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ARK. PUBLIC SERVICE COM'N v. YELCOT TEL. CO.

No. 79-71.

585 S.W.2d 362 (1979)

ARKANSAS PUBLIC SERVICE COMMISSION, Appellant, v. YELCOT TELEPHONE COMPANY, Appellee.

Supreme Court of Arkansas, In Banc.

As Modified On Denial of Rehearing September 10, 1979.

Attorney(s) appearing for the Case

Jack M. Wilhelm, Little Rock, for appellant.

Tom S. Lovett, Little Rock, for appellee.

FOGLEMAN, Justice.

On September 25, 1978, appellee, Yelcot Telephone Company, filed an application with appellant, Arkansas Public Service Commission, requesting an annual rate increase of $88,071.00. Pursuant to Ark.Stat. Ann. § 73-217(b) (Supp. 1977), appellee stated that an immediate and impelling necessity existed and requested that appellant authorize the collection of an interim annual increase of $75,000.00, subject to refund with interest at the rate...

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