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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 837   View pdf image (33K)
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CORPORATIONS. 837

of the value of said property in proceedings had in pursuance of this sub-
title.

Public Service Commission Law does not withdraw from a corporation the con-
trol of its financial policy. Commission has no jurisdiction to direct establishment
of depreciation reserve and annual addition thereto. Supervision of commission
over corporate accounts. Function of court in reviewing finding of commission as
to reasonable rates. Burden of proof. Fair value of bridge held to be the issue,
rather than original cost or cost of acquisition. Method of finding value. Rates, and
allowance for maintenance, held unreasonable. Havre de Grace Bridge Co. v.
P. S. C. of Md., 132 Md. 26.

An. Code, sec. 443. 1910, ch. 180, sec. 31 (p. 375).

386. This sub-title shall apply to the manufacture and furnishing of
gas for light, heat or power, and the furnishing of natural gas for light,
heat or power, and the generation, furnishing and transmission of elec-
tricity for light, heat or power.

Natural gas when it leaves the main lines, where it is separated from the bulk of
gas in such lines and forced into intermediate lines and pipes of individual con-
sumers so that it cannot return to main line, and where it remains until used, is
subject to regulation by P. S. C. of Md. The movement of natural gas from one
state to another is interstate commerce, but when sold and distributed to Maryland
consumers it ceases to be an article of such commerce. " Original package." Injunc-
tion properly granted. W. Va., etc., Gas Co. v. P. S. G., 134 Md. 139.

An. Code, sec. 444. 1910, ch. 180, sec. 31i (p. 375).

387. Every gas corporation and every electrical corporation shall fur-
nish and provide such service, instrumentalities and facilities as shall be
reasonably safe and adequate and in all respects just and reasonable. All
charges made or demanded by any such gas corporation and electrical
corporation for gas, electricity or any service rendered or to be rendered,
shall be just and reasonable and not more than allowed by law or by order
of the commission; "and all acts or parts of acts heretofore passed and now
existing, prescribing or limiting the price at which any gas corporation or
electrical corporation, or any other corporation subject to this sub-title,
may furnish, sell or dispose of its gas or electricity or other product or
utility are hereby repealed, it being the intent of this sub-title that the
powers of the commission herein created to ascertain the price of such gas
or electricity or other product of utility as provided for herein, shall super-
sede all such acts or parts of acts aforesaid." Every unjust or unreason-
able charge made or demanded for gas, electricity or any such service, or in
connection therewith, or in excess of that allowed by law or by the order of
the commission, is prohibited.

No gas corporation or electrical corporation shall directly or indirectly,
by any special rate, rebate, drawback or other device or method, charge,
demand, collect or receive from any person or corporation a greater or less
compensation for gas or electricity, or for any service rendered, or to be
rendered, or in connection therewith, except as authorized in this sub-title,
than it charges, demands, collects or receives from any other person or
corporation for doing a like and contemporaneous service with respect
thereto, under the same or substantially similar circumstances or con-
ditions.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 837   View pdf image (33K)
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