New York State Electric & Gas Corp. v. Maltbie
This text of 243 A.D. 655 (New York State Electric & Gas Corp. v. Maltbie) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Petitioner entered in its books $6,500,000, representing the aEeged value of property transferred to it by its affiEate; the actual cost of the property was $2,271,667.70 when the affiEate purchased from a stranger, and there was no proof of a different value. The PubEc Service Commission required petitioner to enter on its books the actual value of the property $2,271,667.70. Determination unanimously confirmed, with fifty doEars costs and disbursements. Present — HiE, P. J., McNamee, Crapser, BEss and Heffernan, JJ.
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243 A.D. 655, Counsel Stack Legal Research, https://law.counselstack.com/opinion/new-york-state-electric-gas-corp-v-maltbie-nyappdiv-1935.