Excerpt from Valuation of Public Utility Properties Much important information relating to valuation work exists in various public papers, but heretofore there has been no com prehensive attempt to digest and compile this material. The author has been engaged for several years past in valuing property aggregating hundreds Of millions of dollars. He has devoted much time to the study of the opinions, papers, discus sions, reports of commissions, and court decisions relating to the subject. He has endeavored in this book to digest this material, in so far as possible and to present a summary of the best practice, with typical examples thereof. The aim has been to indicate, if possible, the line along which theory and practice seem likely to be standardized. NO attempt is made to hold a brief either for the necessity of valuing property on the one hand, or the injustice of doing so, on the other. The work relates rather to approved methods of ascertaining values not only of tangible property, but of in tangible property as well. It treats of appraisals which have become more or less historic, and have helped to establish the precedents of current practice. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.