Report Of The Commission De Public Service Corporations

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ISBN 13 : 9781332217533
Total Pages : 122 pages
Book Rating : 4.2/5 (175 download)

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Download or read book Report of the Commission De Public Service Corporations written by and published by . This book was released on 2015-08-05 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Report of the Commission De Public Service Corporations: To the General Assembly, January Session, 1909 To the General Assembly of the State of Connecticut, at its January Session, 1909: The undersigned were appointed a Commission by the last General Assembly to consider the laws of this State relating to public service corporations and to recommend to this General Assembly legislation to correct such evils and defects as this Commission might find to exist therein, or any legislation on the subject which it might deem desirable for the public interest. (Special Laws of Connecticut, 1907, Chap. 470.) After careful consideration we have reached the conclusion that it would be desirable to vest in a permanent Public Utilities Commission the following powers and duties: 1. To grant franchises to public service corporations. 2. To supervise the condemnation of land and construction of fixtures by these corporations in so far as the same affects the public safety or interest. 3. To supervise the capitalization of these corporations. 4. To ascertain the facts relating to the financial condition of these corporations; the physical condition of their plants and equipments, and the causes of accidents resulting from their operation. 5. To supervise their operation in so far as the same substantially affects the public safety. 6. To fix the rates chargeable when existing rates are unreasonable. Before giving in detail our reasons for these conclusions we would state that in our opinion the duties of a Public Utilities Commission should be purely supervisory and not managerial. The management of the ordinary affairs of these corporations ought to be left to the corporations themselves. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.