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TWO ENGINEERS WITNESSES FOR RELL COMPANYTestimony Bears Out Claim of $45,000,000 Valua-^ tion.James G. Wray, head of a Chicago firm of consulting engineers, and Cyrus G. Hill, an associate, appearedtoday as witnesses for the IndianaBell Telephone Company In its fightto resist reduction, by the public service commission, of present rates and to support its plea for increased tariffs.Wray and Hill were subjected to direct examination by William H. Thompson. Bell attorney, and then cross-examined at length by Presiding Commissioner Samuel R. Art* man and Taylor E. Groningcr, the commission’s counsel. Testimony of the two, in the main, bore out Hems on which the Bell’s claim of a $45,000,000 valuation was based, and which would justify higher rates.Edward W. Bemis, special public service commission engineer, was to take the witness stand later to offer his estimate on the value of the company, using average prices from 1916to 1920, inclusive.Bemis’ testimony will mark close of the commission's Investigation of rates and services of the Bell, preparatory to instituting a new rateschedule throughout the State.Later this week the Bell will present •witnesses to fortify its claim for rate increases totaling more than $600,000 a year. *hphphiip Tiifru
Newspaper Details
Indianapolis Times
Indianapolis, Indiana, US
Wed, Dec 02, 1925
Page 1
Full Page
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Anonymous
USA 31 Jan 2020
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