The Montgomery advertiser. [volume] (Montgomery, Ala.) 1885-1982, 1909-06-24

ana improyement OF compialn4uIS f4li-
o ss e Dsops g sor ss
dustsi TOR depreciation OF the property
from the COST thereof and from the
Value OF Franchises.
THE value of complainant's fran
chIses or Intangible property In Ala
part thereof objectionable to the
interstate business In Alabama.
The cost of reproducing the line OF
railroad and other railroad properties
used by complainant In Alabama In Its
business as a common carrier.
The present reasonable value of the
| rolling stock or equipment owned and
by Sarrsr IN IN ss ss
Ing each of the years ending June 80,
1907, 1908, 1903, and up to the latest
date practicable prior to the making
OF depreciation from 100 per cent new
| that has taken place in such equip
| ment, and the amount, IL any, that
should be deducted for depreciation OF
| such equipment or rolling stock owned
ana used during said periods.
The number of each kind of equfp@
mont or rolling stock on hand at the
June g eaes 1907 Of 1893 sSs ane up e
latest date practicable before the max
ing up Of his report. and the number
| Of each kind destroyed, worn out or
sold and replaced during each Of said
"The sum expended In each of said
years for additional equipment ac-
quired over and above what was neces-
equipment. and charged to operating
"The total present reasonable value
used fh Sy IN
Guiding fits franchises. the value of
the property devoted to intra- State
business. and the value thereof devet-
What per cent. upon the volue
of the property devoted to intra-State
business in Alabama, or other sum,
its fntra State business in that State.
in excess Of its operating expenses and
taxes.
Gross EARNINGS.
The gross earnings per annum from
the operation by complainant of it's
railroad properties in Alabama dur
Ing the tiscal year. ending, June go.
1906. and up to the latest date prac.
ticable before the making up OF his
report and showing, as nearly as prac-
ticable, what part of said earnings
from Alabama business was derived
from Interstate business during the
years 1906. 1907, 1908, 1903. and up to
the latest day practicable, and also
il the books Kept for such years now
show such facts. and what part thereof
was derived from interstate business.
Also. compliments income from all
against said income, and the proper
ton of net income from such other
sources. II any. that should be credit
sad 70 whats ps tbsreof II any sSouid
be~credited to interstate business in
Alabama.
"The operating expenses and taxes
erating expense account Tor and On
account Of fne business in Alabama. for
each of the years ending June 80. l9re
1907. 1908. and 1909; and up to as late
nearly as practicable, what part OF
said operating expenses and taxes ex-
pended on account OF Alabama business
ira. state business. and what part
thereof was expended in the conduct
of its interstate business; and the COST
II any, of earning dollar from mira a.
earning a dollar from all business IN
Alabama, during those years.
Whether during said years COM COM
plainant's roads have been prudently
and economically managed:
The loss In earnings, II any lou LOU
the operation OF compliments nnes
In Alabama which complainant Woato
NAV 81, 1909, inclusive. had the statu-
tory rates complained of been put ihto
force and effect during that period,
assuming that the same h hu ,bose % rates'
and the same number OF passengSrs
would have been carried the same ais
tance during said period II said rates
ITO what extent. If at all. the gross
ana net revenues Of complainant from
Interstate business in Ala6ama nav, nave
been affected, Or Its insr sssnSees, and
passenger-mties and In rsgenue. has
been Increased or diminished by reaS1
son Of the statutory PASSENGER Ia, rate ~ r.
considered Independently, Of the statu-
tory freight rates complained OF.
Effect OF Lower Rates.
those prescribed by the statutes has
been operated to stimulate or depress
intra-State business In
Alabama. and to what eXten ssd II o. A ds.
creased by such reduction Of rates.
with the reasons upon which MS con-
illusions are based. a.
,Ubiah complainant has sustained from
June /, 1903, to the latest date prac-
ticable prior to the making up OF ms
report on sec9u int Of naxgs rates or
anyNpf them complained Of
fTfe ratio between proper ana leglt-
innate operating expense. ana 1a9z g IaGs
is6F iEsos. a 1865 1903 with respect to the
entire business in AlRbama; and with
respect to the intra- State business IN
Alabama, for each fiscal o ysar n e tn ing
Istsst 81 date ls0' prscticabie. and FOR the
year 1902, 1908, 1904 and 1905, II the
books of the company 80 kept ourlns
said years now show that iact; anu
whether such ratios will probably be
or diminished in the future.
and whether the gross and net earn "a
inrs will probably BIO increasedkor u-
minished In the future. 81
1.-THE separate ratio between nns ~" IN
Eiabarna, and likewise between lneomo
from an sources, and the value OF tne
entire property devoted to the entire
business Ia Alabama; and between the
net earnings from intra-State business
in Aiahama. and likewise between IN
come from all sources assisnable 70
such business, and the value of that
part OF the property devoted to the m
.s5 seai business ssSe ending june g. Ss
designated in the next preceding
"The separate ratio 1etween. the net
earnings from the entire business IN
Alabama, and likewise between income
from ali sources assignable to Ala
bama, and the proportion OF the cap
italization properly assignaDie TO Ala
bama; and between the net earnings
and likewise between income from all
sources assignable to such business.
and the proportion of such capitalize
tion properly assignable TO tntra-State
business in Aiabama' for s each ms nSc a
the second preceding CLAUSE.
1.-THE separate ratio between the net
earnings from the entire business IN
Alabama. and likewise between income
from ala aa sound and the actual sum ex-
pended in the construction and per-
manent Improvement OF the property