· 5/8/1954
State Corporation Com'n v. Mountain States Tel. & Tel. Co.
Citations
- 270 P.2d 685
- 58 N.M. 260
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- concluding that the Constitution does not impose upon the Commission the use of any one formula in determining rates
- concluding that the Constitution does not impose upon the Commission the use of any one formula in determining rates
- using the term debt ratio to mean the proportion of debt to equity in the capital structure, the Court acknowledged a dispute “as to whether rates should be based upon actual debt ratio or an estimated proper debt ratio”
- \We do not have the power or authority to determine what a fair actual rate is.\
- “We do not have the power or authority to determine what a fair actual rate is.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Seymour, McGhee, Sadler, Compton, Federici, Lujan
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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