The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1923-05-11
MAYOR COMES BACK
I'll. e. HOwse OF Nashville Ousted Is
Reelected.


NASHVILLE. Tenn, May 1o.-Hi-
larry %. Hpwse, former mayor Of
Nashville, kho was ousted from office
in 1915, was today returned to office
by majority of 2,67S votes over his
Competitor, Felix u. Wilson. Wilson
served as mayor until few months
ago, when he was summarily re-
moved by action of the cit ycouncil.
---
made a recommendation according to
members of the commission.
In reaching the conclusion that the
value of all the company's property
in Alabama on June 80, 1920, was
S29,000,000, the commission found the
values of the various units as fol-
lows: Wholesale electric properties,
S26, 250,000; retail electric properties,
100000; Admission gas properties,
100000; Admission street railway
properties. S345,0O0; Gadsden street
railway properties. $4,000; Hunts
willie street railway properties,
s135.000. The total valuation includes
S1.500,000 as working capital and
S3.750.0oo as going concern value,
which were included in each of the
subdivisions in proportion to the
value of each subdivision.
Commission-s Order.
The comission's order establishins
valuation of $29,000,o00 on the
property OF the Alabama Power COM
pany follows:
Alabama Power company petition
for valuation of its properties in Ala
bama. In the matter of revaluation
of properties of the Alabama Power
company"
In this cause the commission of
tho 10Th day of April 1923 made an
hxy hi
mission directed that a revaluation
be made of the properties of the
Alabama Power company and that
notice thereof and Of the commits
sion's intention to proceed with such
revaluation to be given to said COM
pany as is set out in said order
which is hereby referred to and made
part hereof. The commission finds
chat copy of said order and notice
thereof and of the time and place
fixed therein to hear said cause and
for hearing the objections of said
company to said revaluation was
duly and legally given said company
more than ten days prior to the first
day of May, 1928, set for the said
hearing The hearing of said order
has been passed to this day by the
commission, due notice CT which was
heretofore given to said company.
Said cause came on to be heard on
this day and no cause being shown.
to the commission which is deemed
sufficient objection to- such revalua-
ton, it was therefore ordered by the
commission that it's former order of
revaluation made herein on April IS,
1928 be and the same was by order
of this date confirmed, and it was
further ordered by the commission
that said retaliation of the proper
ties of said company be made by this
e-fn Col ala tn, !,
cause on this date is hereby referred
to and made part hereof.
Valuation BY Units.
"Now, the commission upon giving
1t consideration to the matter of the
value of the properties of said COM
pany for rate making purposes and
having made further investigation
as to said properties and the value
thereof upon a conside -.ation of all
the evidence which is before the
commission upon this revaluation.
1t is the judgment of the commission
and 1t is ordered by the commission
that the reasonable value of said
properties used and useful in the
public service as of June 3, 1920, for
rate making purposes be and it Is
hereby fixed as follows:
Albany Gas properties. 100000;
Admission Gas properties, 100000;
Admission street railway properties,
s345.00O; Gadsden street railway
properties, $320,000; Huntsville street,
railway properties, $135.000; Whole
sale electric properties, $26,250,o00;
Retail Electric properties, $1,65G,000;
total $29.000.000.
."rhe above valuation includes the
sum of $1,500,000 working capital
and the further sum of $S.750,00 as
going concern value, and are included
in each of the subdivisions as above
set out in properties to the value
found.
The properties above designated
as follows: Wholesale electric
properties" and Retail electric prop
critics" are intended to include only
those properties which are included
under the same designation in the
former order of this commission in
this cause of date December 10,
1922"
Statement by Commission.
A. G.. Patterson, president, and II.
F. Lee and Frank p. Morgan, as
sociate commissioners, issued the fol-
lowing statement Thursday night re-
garding the valuation
Since the reorganization of the
Alabama public service commission
which began the Inauguration of the
new commissioners on January Is of
this year. the commission has from
time to time given consideration to
the valuation of the properties Of
the Alabama Power company, which
was fixed by order of the former as
sociate commissioners over the pro-
test Of the president of the commits
sion of December IS. 1922, to be
$33,S43.252.
The public utility act of 1920,
under section Is thereof, provided for
the utility right of protest from any
valuation fixed by the commission,
but the right of the public to pro-
test was doubtful under this law.
The commission felt that this pro-
vision of law was unfair and unjust
in that the same right of protest was
not provided for the public as was
provided for the utilities. The COM
mission, therefore. prepared and Sc
cured the passage of amendatory
legislation by the Legislature at it's
recent session which provided for the
public to have equal privilege of pro-
test with the utility against any
valuation found by the commission.
The amendatory act also save the
the right to revalue the
property of any utility whose prop
erty had been previously valued, such
revaluation to be ordered within 90
days after the passage and approval
of the amendatory act.
Holds Retaliation Justified.