Publisher's Synopsis
Excerpt from Regulations Governing the Appraisal, Distribution and Apportionment of Fixed Capital of Electrical Corporations
Charge to this account the cost of all land used in the opera tions of the corporation, including rights of way for transmis sion and distribution lines and for canal and pipe lines, water rights, rights of pondage, fie-wage and submersion. Such cost includes eo-st of registration of title, cost of examination of title, conveyancer's and notary' s fees, purchasing agent's commissions or fees, or purchasing agent's salar 1, taxes accrued to date of transfer of title and all liens upon the title accrued to date of transfer of title and all liens upon the title acquired; also costs of obtaining consents and payments for abutting damages. This account should also include the cost of wrecking or remov ing any buildings thereon, less the salvage, to prepare the land for the corporation's purposes.
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