STATE v. LEE TELEPHONE COMPANY

No. 530.

140 S.E.2d 319 (1965)

263 N.C. 702

STATE of North Carolina ex rel. UTILITIES COMMISSION v. LEE TELEPHONE COMPANY.

Supreme Court of North Carolina.

February 24, 1965.


Attorney(s) appearing for the Case

Maupin, Taylor & Ellis, Lake, Boyce & Lake, Raleigh, for defendant.

Edward B. Hipp, Raleigh, for the Commission.

Atty. Gen. T. W. Bruton, Asst. Atty. Gen. Charles W. Barbee, Jr., and Thomas J. White, Kingston, for protestant.


DENNY, Chief Justice.

The appellant assigns as error the failure of the court below to sustain its exception to the Commission's finding of fact No. 3, as follows: "The fair value of the Company's property in North Carolina used and useful in rendering service and producing revenue is $2,100,000.00," for that such finding of fact is unsupported by competent, material and substantial evidence.

G.S. § 62-124 governed the manner of ascertaining the value...

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