Gearhart v. Clear Spring Water Co.
Citations
- 202 Pa. 292
- 51 A. 891
- 1902 Pa. LEXIS 509
Syllabus
<p>Water Companies — Condemnation of land — Damages—Evidence—Opinions of witnesses.</p> <p>Where a water company takes for a reservoir land which is part of the bottom of a natural basin situated in an elevated and mountainous section of the country, it is proper to permit witnesses to give their opinion of the value of the land, who testify that they are engaged in the ice business, that there is a demand for land, on which pools for the formation of ice may be made, and that they know the market value of land adapted to this use, although they have but little knowledge of the value of land for farming.</p> <p>The probable returns from an investment in land because of the use which may be made of it, is a consideration which .enters into an intelligent estimate of its value, and is entirely distinct from an estimate based on the profits of a business which may be conducted upon it.</p>
Judges: Brown, Dean, Fell, Mestrezat, Potter
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