Redlands, Lugonia & Crafton Domestic Water Co. v. City of Redlands

Citations

• 121 Cal. 312
• 53 P. 791
• 1898 Cal. LEXIS 900

Syllabus

<p>Municipal Corporation—Ordinance Fixing Water Rates—Interest on Indebtedness—Depreciation of Plant.—In a municipal ordinance fixing rates for the furnishing of water by a water company to the inhabitants of the municipal corporation for domestic use, the water company is not entitled to be reimbursed from the income derived from rates fixed by the ordinance for interest upon its indebtedness nor for depreciation of its plant, aside from the amount requisite for its maintenance and repairs during the year.</p> <p>Id.—Reasonable Compensation—Question of Fact — Jurisdiction.—The question whether the amount of compensation which will accrue to a water company from the rates fixed by the ordinance, over and above such expenditures for the current year as can be properly considered and allowed in fixing the rates, is a reasonable compensation, is a question of fact, depending upon all the circumstances of the ' case, to be determined by the superior court in the first instance, and the jurisdiction of the appellate court in that matter is limited to a review of the action of the superior court.</p>