OHIO BELL TEL. CO. V. PUBLIC UTILITIES COMMN.
301 U.S 292 (1937)
NATURE OF THE CASE: This was a dispute over price trends not placed into the record.
FACTS: The Commission held hearings for 8 years and then eventually determined the true
value of the Company’s investments. It then set those investments as of 1925 and then
adjusted them for 1926-33 by taking official notice of price trends. This required the
Company to make substantial refunds to its customers. The price trends were not entered into
the record and the Company had no way of determining how to rebut the conclusions.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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