Railroad Reports Volume 52
Railroad Reports Volume 52

Railroad Reports Volume 52 by Frank C Smith

Railroad Reports Volume 52
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Author: Frank C Smith
Page Count: 384 pages
Published Date: 13 Sep 2013
Publisher: Rarebooksclub.com
Publication Country: United States
Language: English
Type: PDF
ISBN: 9781236777218
File size: 10 Mb
Download Link: Railroad Reports Volume 52
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1909 edition. Excerpt: ...the land, examine and hear testimony, and consider all the facts and circumstances surrounding the situation and likely to enter into the value of the land to be taken, and the effect of such taking upon the residue of the tract." In discussing the elements of damage which the commissioners should have taken into consideration in ascertaining the compensation to which Chamblin & Scott were entitled, the opinion says: "In any business, and especially such as involves the movement of heavy freight, ease of access to and from the place where it is conducted, and_facility in reaching lines of transportation, must be important, if not controlling, factors, and, as the value of property consists in its fitness for profitable uses, its market value must be influenced in large measure by locality. There is no evidence in the record showing the profits of the business of appellees, and this is as it should be, but it is shown that the movement of freight from the premises to the railroads and from the railroads to the land in question would be very much more difficult and costly, and those causes would affect any business, by whomsoever conducted, at that place." The report of the commissioners in this case did not afford the court any information as to how the amount of the award to Hunter was arrived at, and, as has been remarked, it was about five years after their report was made, and made in accordance as they testify with the instructions of the court, before the commissioners were called upon to state the grounds of their award, and this after all vestige of the property condemned had been destroyed and the ground on which Hunter's business had been conducted appropriated for railroad purposes, rendering another...

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