Evening journal., 1920-08-14

Don't wait for success to come 10
ynu, command Il 10 come 10 you By
means OF Want Ad.-Adv
had some sort OF frame-up and
don't want any more OF that kind OF
hlk. There IS nothing like a frame
up In me"
The German resolution was then
placed before the commission and was
adopted Those who voted on 10 and
In favor Of the increase being Com
.missioners German, Isaac and Brin-
ton, with Commissioners lie FeVre and
Foote opposing II.
The German resolution disallowing
various claims of valuations and al
lowing the fare increase was as fol-
lows:
an accordance with the order is
sued by this board on October "a,
I 1919, the commission have examined
the appraisal OF the property Of the
Wilmington & Philadelphia Traction
Company as submitted by A. l.. Drum
& Company, Chicago, Ill.,. and ind
that several items Of the APPRAISAL
are not in accordance with the order,
10 wit:
property OF the Wilmington &
Philadelphia Traction Company in
side the city OF Wilmington, Division
No. T. land. do not allow the sum OF
si5.572 as the commission made the
order on the railway property only.
division No g. The sum OF s2i0SS.-
"a is not allowed for the same rea-
son
Division No. 6, item A, S27.05i.s5 is
not allowed for the same reason
Division No 8. the sum OF Sii6,-
l21 ~ the valuation OF power station
equipment There should be no ap-
praisal Of this equipment due 10 the
/ fact that power Is sold 10 the traction
company the same as any other con-
sumer.
Division No. Q. sub-station TO the
amount OF 22f2796 for the same rea-
son. as stated above.
Division No. a. the sum Of sii7,-
6ii.19 Is not allowed Nr the same rea-
son as stated above.
Division No. "a. s6,si79i is not al
lowed as The items therein are items
Of expeise and not Of tangible prop
erty.
division No. i6. the sums Of si6.-
| 9S3. $4,000 and si3.22O are not al
lowed as these are expense items and
should not he included in the physi-
/ cal valuation Of the property.
Division No A. the sum Of s55-
1854 This is an expense item and
should not be capitalized as 10 Is not
part Of the tangible property Of the
I company.
division No IS. the sum OF s7i7.-
96S is not allowed or the same reason
as stated above.
lowed as this is not part OF the tangi-
Division No. %. sl79sOese is not
allowed as this is also an expense
item and should be prorated and not
/ part Of the tancible property.
section No. B. Valuation Of the
Property outside OF the City OF VIII
mington
Division No 6. the sum Of siO.-
Si2i2 Is not allowed as this appraisal
is on the railway equipment OF the
company
Division No. "a. s3.77O.95 is not al
lowed as this Is an expense item.
Section No. Z, Capital Invested in
the Properly. The sum OF St9t. 960Si
and S2i9, 1882 are not allowed as the
original agreement calls for the val
uation Of the tangible property.
This makes total OF S236i ,27S .32
which is not allowed by this com
mission for the reasons as stated
above. and this reduces the valuation
TO the total OF S6.Sii.i0O upon which
s per cent. should be allowed. adding
TO this figure the sum OF $4,000.
which is s. per cent. Of the estimated
amount for improvements. better
lments, etc. making a total Of S6.9Si.-
100 on which the commission will al
low 5 per cent, or S55S. .72S. 80. This
shows a total annual revenue reuuir.
ed from passengers OF s. $50 70S. anC
taking your estimate OF the passen.
gers carried in 1919 Of 2762tiS2. mi.
commission hereby gives YOU per
mission in accordance with their orde
/ OF October 2i 1919. and W fulnlmen
e Of that order, 10 charge a straigh
4 cash fare OF eight cents per passeneo
4 but IL would certainly urge upon vol
the advisability Of selling four ticket
Q for thirty cents as In the opinion q
d This commission more revenue woul
= be derived from the selling Of ticket
y than from the straight eight cent cas-