The Caucasian. (Clinton, N.C.) 188?-1913, 1898-08-11
ralsstioa that the local q S,irs,
vculd produee.

vAlattioa that the lceai Q Sairss
would prodaes-
No eourt - Yet has rtouaiya;sd
any rule ~ to hov this court SHALL
arrive ~ . true and last valuation
upon Wits to fsurc local earnisCs-
In the aesenee 81 z,y such rule. this
court believes ihA, - a. FAIR ard last
- ars, Ascertain ~hst pr cent Of
the total grc.- srsinss IN any one
year The s~'Al 'oe>i ta-Iis.-s ate fot
that year. AEi h-Vsug ssesrtainsd
that per csni Z 10. total ssla. of
the property - fsr vNie~ apon
which IL Gx local esin,ass. Fsllos-
ing out this ials. i-i Us take the
four hseal years inm-diat.ly prior
to the Institution o. this snti aud 49,
certain what PR cent the lorsl earn
ipgs for tn. Sc ysA,s would have
earned upon a valuation titus de-
termined aid ~ha, rdsctioa o. tba,
persentage will be made by the
sched ule sought To he Ironulg Atsd
by the def.pd~ns and which a. is
stated redaces the present iAuG 90
complainant, spesk'rg m roItd
nambers, TO IL per cent on local
passenger BUSINESS ard l. pr cent
on local freight busins Toe total
earnings from all sources OF q Q
com piAiuapt company on ITS lines ia
the State Of South Dakots, Cor the
fiscal year ending Jurs ~. 1894 Was
81, Si0.Gl5 - The total earnings
for freight and passenger service
during the same period. vAs si0s.
G0G.35. Ia round numbers this
would make the local earnings y,
per cen, Of the gross earnings from
all sources for the year ls9i. Twenty
two per cent of ! 10 ,Oo0 900. the value
OF compiainaut's property IN the
State OF South DAkot.. would be
s. 10000 The local earnings for
said year, stated above q, SiV1 :
COG IS, using round numhs rs, would
be is per cen, on said last mentioned
sum.
Total Earsisg. Of Road
J Tue total earniu Is from all sources
OF the complainant company. ON its
. lines in this State Of South Dakota.
for the fiscal year ending June 30
1895, were 81, 2236, 6S0.1S. The tota
local earnings for freight and pass
enger services during the same pc.
riod were $3.50, 6i2 81. In round
, numbers this would make the locA
earnings 20 per cent Of the gross
, earnings from oil sources for the
: year 1895; 20 per cent Of $40, 900 900
: the value Of the complainant's prop
= erty in the State Of South Dakots
, would be 81 COO. 600. The local earn.
iDgs for said year, stated above Al
: $3.50, 642 So, In round numbers would
, be IL per cent on SAID last mentioned
sum.
The total earnings from all sources
for the Gscal year ending June 30
, 1896, were 81 $50 10000. The tota.
r local earnings for freight and pasf
J enger service during the same yea,
, we're 1928, 1885. In round mum.
) bers this would make the local earn,
ings 81 per cent of the gross earn
, ings, from all sources for the year
} 1896; 81 per cent Of SIC, OOO, 900, the
value Of the complainant property
in the State.of South Dako.a, would
be So, 100000. The local earning.
for said year, 1928, 1855, using
round numbers would be - psi
cent on said last mentioned sum.
Big Percentage.
The total earnings from all source.
for the Escai year ending June 80
1907, were 81 Cos. 2i0 SO. The total
local earnings from freight and pass
eneer service during the same pc.
ricd, were $3ll. COS AZ. In round mum
bers this would make the local earn:
ings 10 per cent of the gross earn
ings from all sources for the year
1897; 10 per cent of $IO,000,00D
value OF compliments property in
, the State of South Dakota would be
$1,000. 900. The local earnings 70,
1897, $3l1 .O05. ~. using round mum.
bers would be, IL per cent on tho
last mentioned sum.
1t will thus be seen that the local
3 earnings of the complainant's lines
on the same proportion Of tho total
value Of the road as the local earn.
ings bear to the gross earnings from
all sources in South Dakota were:
For the year 1884 ......... IS per cen,
For the wear 1888 ..,.. Az nor on,